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






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






3. 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.






4. A logical relationship in which a successor activity cannot finish until a predecessor activity has finished.






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






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






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






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






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






10. 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.






11. 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.






12. 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.






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






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






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






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






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






18. 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.






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






20. A component of the project or program management plan that describes how an organization's quality policies will be implemented.






21. 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.






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






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






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






25. 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.






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






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






28. 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.






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






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






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






32. The application of knowledge - skills - tools - and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually.






33. 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.






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






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






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






37. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.






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






39. A measure of schedule efficiency expressed as the ratio of earned value to planned value.






40. 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.






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






42. A significant point or event in a project - program - or portfolio.






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






44. 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.






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






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






47. A risk that arises as a direct result of implementing a risk response.






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






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






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







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