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






2. 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.






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






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






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






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






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






8. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.






9. 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.)






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






11. The sum of all budgets established for the work to be performed.






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






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






14. 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.)






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






16. 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.






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






18. 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.






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






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






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






22. The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance






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






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






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






26. The work performed to deliver a product - service - or result with the specified features and functions.






27. 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.






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






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






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






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






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






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






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






35. 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.






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






37. 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.






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






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






40. 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.






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






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






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






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






45. 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.






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






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






48. A process used to investigate or analyze the output of the schedule model in order to optimize the schedule






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






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