Test your basic knowledge |

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






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






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






4. 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.






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






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






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






8. 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.






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






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






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






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






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






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






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






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






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






18. 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.






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






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






21. 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.






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






23. 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.






24. 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.






25. The authorized budget assigned to scheduled work.






26. A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.






27. 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.






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






29. A management control point where scope - budget - actual cost - and schedule are integrated and compared to earned value for performance measurement.






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






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






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






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






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






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






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






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






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






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






40. 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






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






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






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






44. 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.






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






46. 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.






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






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






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






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