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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 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.






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






3. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.






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






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






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






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






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






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






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






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






12. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.






13. 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.






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






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






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






17. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.






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






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






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






21. Any unique and verifiable product - result - or capability to perform a service that is required to be produced to complete a process - phase - or project.






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






23. The authorized budget assigned to scheduled work.






24. A distinct - scheduled portion of work performed during the course of a project.






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






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






27. 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.






28. A dependent activity that logically comes after another activity in a schedule.






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






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






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






32. An output of a schedule model that presents linked activities with planned dates - durations - milestones - and resources.






33. 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.






34. 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.






35. The uncontrolled expansion to product or project scope without adjustments to time - cost - and resources.






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






37. 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.






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






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






40. 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.)






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






42. 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.






43. 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.






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






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






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






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






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






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






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