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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. 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.






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






3. 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.






4. 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.






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






6. The expected cost to finish all the remaining project work.






7. 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.






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






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






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






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






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






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






14. 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.






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






16. 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.






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






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






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






20. A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or a given point in time.






21. 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.






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






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






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






25. 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.






26. 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.






27. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.






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






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






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






31. 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






32. The document that describes how the project will be executed - monitored - and controlled.






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






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






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






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






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






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






39. A point in time when the status of the project is recorded.






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






41. 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.






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






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






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






45. 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.






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






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






48. 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.






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






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