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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 risk that would have a positive effect on one or more project objectives.






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






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






4. 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.






5. Projects - programs - subportfolios - and operations managed as a group to achieve strategic objectives.






6. A formal proposal to modify any document - deliverable - or baseline.






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






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






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






10. The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available.






11. 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.






12. The realized cost incurred for the work performed on an activity during a specific time period.






13. A hierarchical representation of resources by category and type.






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






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






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






17. A component of the project or program management plan that describes how a team will acquire goods and services from outside of the performing organization.






18. 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.






19. The uncontrolled expansion to product or project scope without adjustments to time - cost - and resources.






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






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






22. A grid that links product requirements from their origin to the deliverables that satisfy them.






23. 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.






24. 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.






25. A limiting factor that affects the execution of a project - program - portfolio - or process.






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






27. A risk that would have a negative effect on one or more project objectives.






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






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






30. 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.






31. 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.






32. An enterprise whose personnel are the most directly involved in doing the work of the project or program.






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






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






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






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






37. 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.)






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






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






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






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






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






43. A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.






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






45. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.






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






47. 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.






48. A technique used to shorten the schedule duration without reducing the project scope.






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






50. The authorized budget assigned to scheduled work.