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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. An intentional activity that realigns the performance of the project work with the project management plan.






2. An intentional activity to modify a nonconforming product or product component.






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






4. A measure of schedule performance expressed as the difference between the earned value and the planned value.






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






6. A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.






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






8. 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.






9. In the critical path method - the latest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic - the project completion date - and any schedule constraints.






10. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.






11. The amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint.






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






13. A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.






14. The measure of work performed expressed in terms of the budget authorized for that work.






15. 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.






16. 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.)






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






18. A relationship in which a schedule activity has more than one predecessor.






19. An event or situation that indicates that a risk is about to occur.






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






21. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.






22. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.






23. A component of the human resource plan that describes when and how team members will be acquired and how long they will be needed.






24. Plans - processes - policies - procedures and knowledge bases specific to and used by the performing organization.






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






26. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.






27. A grid that shows the project resources assigned to each work package.






28. 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.






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






30. A graphical representation of the logical relationships among the project schedule activities.






31. The level of an organization's ability to deliver the desired strategic outcomes in a predictable - controllable - and reliable manner.






32. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.






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






34. A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.






35. An activity that can be planned and measured and that yields a specific output. (Note: Discrete effort is one of three earned value management [EVM] types of activities used to measure work performance.)






36. The sum of all budgets established for the work to be performed.






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






38. The document that describes how the project will be executed - monitored - and controlled.






39. A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.






40. An activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts. (Note: Apportioned effort is one of three earned value management [EVM] types of activities used to measure work performance






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






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






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






44. A management control point where scope - budget - actual cost - and schedule are integrated and compared to earned value for performance measurement.






45. A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or a given point in time.






46. The description of the project scope - major deliverables - assumptions - and constraints.






47. A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.






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






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






50. The amount of time that a schedule activity can be delayed without delaying the early start date of any successor or violating a schedule constraint.