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






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






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






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






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






6. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.






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






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






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






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






11. 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.






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






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






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






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






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






17. 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.






18. The authorized budget assigned to scheduled work.






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






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






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






22. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.






23. 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.






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






25. 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.






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






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






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






29. 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.






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






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






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






33. 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






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






35. 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.






36. 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.






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






38. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.






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






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






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






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






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






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






46. 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.






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






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






49. 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.






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






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