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






2. A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.






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






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






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






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






7. The series of phases that represent the evolution of a product - from concept through delivery - growth - maturity - and to retirement.






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






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






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






11. 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.






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






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






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






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






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






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






18. 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.)






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






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






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






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






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






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






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






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






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






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






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






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






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






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






33. A component of the project or program management plan that describes how requirements will be analyzed - documented and managed.






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






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






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






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






38. 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.






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






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






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






43. 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.






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






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






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






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






48. 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.






49. 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.






50. 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.