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PMI Project Management Vocab

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A logical relationship in which a successor activity cannot start until a predecessor activity has started.






2. The process of optimizing the mix of portfolio components to further the strategic objectives of the organization.






3. A review at the end of a phase in which a decision is made to continue to the next phase - to continue with modification - or to end a project or program.






4. A distinct - scheduled portion of work performed during the course of a project.






5. An output of a schedule model that presents linked activities with planned dates - durations - milestones - and resources.






6. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.






7. A factor in the planning process that is considered to be true - real - or certain - without proof or demonstration.






8. The sequence of activities that represents the longest path through a project - which determines the shortest possible duration.






9. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.






10. A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.






11. A component of the project or program management plan that describes how the scope will be defined - developed - monitored - controlled - and verified.






12. A technique used to shorten the schedule duration for the least incremental cost by adding resources.






13. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.






14. Any unique and verifiable product - result - or capability to perform a service that is required to be produced to complete a process - phase - or project.






15. In the critical path method - the earliest possible point in time when the uncompleted portions of a schedule activity can finish based on the schedule network logic - the data date - and any schedule constraints.






16. A group of related schedule activities aggregated and displayed as a single activity.






17. A critical path method technique for calculating the late start and late finish dates by working backward through the schedule model from the project end date.






18. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.






19. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.






20. An intentional activity that ensures the future performance of the project work is aligned with the project management plan.






21. A calendar that identifies the working days and shifts upon which each specific resource is available.






22. A projection of the amount of budget deficit or surplus - expressed as the difference between the budget at completion and the estimate at completion.






23. A management structure that standardizes the program-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.






24. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.






25. The series of phases that a project passes through from its initiation to its closure.






26. A logical relationship in which a successor activity cannot start until a predecessor activity has finished.






27. The expected cost to finish all the remaining project work.






28. A relationship in which a schedule activity has more than one successor.






29. A bar chart of schedule information where activities are listed on the vertical axis - dates are shown on the horizontal axis - and activity durations are shown as horizontal bars placed according to start and finish dates.






30. A numbering system used to uniquely identify each component of the work breakdown structure.






31. A document in which the results of risk analysis and risk response planning are recorded.






32. The amount of budget deficit or surplus at a given point in time - expressed as the difference between the earned value and the actual cost.






33. A dependent activity that logically comes after another activity in a schedule.






34. A hierarchical representation of risks that is organized according to risk categories.






35. An individual - group - or organization who may affect - be affected by - or perceive itself to be affected by a decision - activity - or outcome of a project - program - or portfolio.






36. An activity that does not produce definitive end products and is measured by the passage of time. (Note: Level of effort is one of three earned value management [EVM] types of activities used to measure work performance.)






37. A management structure that standardizes the project-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.






38. A technique for determining the cause and degree of difference between the baseline and actual performance.






39. A response to a threat that has occurred - for which a prior response had not been planned or was not effective.






40. A collection of logically related project activities that culminates in the completion of one or more deliverables.






41. The amount of time whereby a successor activity can be advanced with respect to a predecessor activity.






42. A condition or capability that is required to be present in a product - service - or result to satisfy a contract or other formally imposed specification.






43. A component of the project or program management plan that describes how an organization's quality policies will be implemented.






44. Any activity on the critical path in a project schedule.






45. An activity that logically comes before a dependent activity in a schedule.






46. Conditions - not under the immediate control of the team - that influence - constrain - or direct the project - program - or portfolio.






47. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.






48. A dependency between two activities - or between an activity and a milestone.






49. A formally chartered group responsible for reviewing - evaluating - approving - delaying - or rejecting changes to the project and for recording and communicating such decisions.






50. The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison.