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






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






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






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






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






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






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






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






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






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






11. 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.






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






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






14. 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.






15. In the critical path method - the latest possible point in time when the uncompleted portions of a schedule activity can finish based on the schedule network logic - the project completion date - and any schedule constraints.






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






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






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






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






20. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.






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






22. 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.






23. 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.






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






25. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.






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






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






28. 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.






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






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






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






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






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






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






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






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






37. 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.






38. 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.






39. 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.






40. 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.






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






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






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






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






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






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






47. 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.






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






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






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