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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 calendar that identifies working days and shifts that are available for scheduled activities.






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






3. An iterative planning technique in which the work to be accomplished in the near term is planned in detail - while the work in the future is planned at a higher level.






4. A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.






5. A logical relationship in which a successor activity cannot start until a predecessor activity has started.






6. 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.






7. A component of the project - program - or portfolio management plan that describes how - when - and by whom information will be administered and disseminated.






8. A measure of the cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal - expressed as the ratio of the cost to finish the outstanding work to the remaining budget.






9. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance.






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






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






12. The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity.






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






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






15. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).






16. A representation of the plan for executing the project's activities including durations - dependencies and other planning information - used to produce a project schedule along with other scheduling artifacts.






17. 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.






18. A set of conditions that is required to be met before deliverables are accepted.






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






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






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






22. 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.






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






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






25. 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.






26. A process whereby modifications to documents - deliverables - or baselines associated with the project are identified - documented - approved - or rejected.






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






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






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






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






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






32. 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






33. The authorized budget assigned to scheduled work.






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






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






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






37. A logical relationship in which a successor activity cannot finish until a predecessor activity has started.






38. The centralized management of one or more portfolios to achieve strategic objectives.






39. A technique used for dividing and sub-dividing the project scope and project deliverables into smaller - more manageable parts.






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






41. 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.






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






43. A technique used to estimate cost or duration by applying an average of optimistic - pessimistic - and most likely estimates when there is uncertainty with the individual activity estimates.






44. A component of the project or program management plan that establishes the activities for developing - monitoring - and controlling the project or program.






45. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.






46. The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.






47. A technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply.






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






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






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.