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






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






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






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






5. 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.






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






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






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






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






10. 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.






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






12. 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.






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






14. 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.






15. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.






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






17. 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.






18. 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.)






19. 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.






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






21. A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.






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






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






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






25. A component of the project or program management plan that describes how the roles and responsibilities - reporting relationships - and staff management will be addressed and structured.






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






27. 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.






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






29. A group of related projects - subprograms and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually.






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






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






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






33. 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.






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






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






36. 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.






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






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






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






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






41. A component of the project - program - or portfolio management plan that describes how risk management activities will be structured and performed.






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






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






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






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






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






47. The approved version of a scope statement - work breakdown structure (WBS) - and its associated WBS dictionary - which can be changed only through formal change control procedures and is used as a basis for comparison.






48. A temporary endeavor undertaken to create a unique product - service - or result.






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






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