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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. 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.






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






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






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






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






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






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






8. A group of potential causes of risk.






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






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






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






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






13. 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.






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






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






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






17. A technique used for dividing and sub-dividing the project scope and project deliverables into smaller - more manageable parts.






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






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






20. 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.






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






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






23. 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.






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






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






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






27. 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.






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






29. 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.






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






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






32. 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.






33. An event or situation that indicates that a risk is about to occur.






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






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






36. 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.






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






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






39. 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.






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






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






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






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






44. The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.






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






46. An iterative planning technique in which the work to be accomplished in the near term is planned in detail - while the work in the future is planned at a higher level.






47. 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.






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






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






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