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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 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.)






2. 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.






3. 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.






4. 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.






5. The description of the project scope - major deliverables - assumptions - and constraints.






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






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






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






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






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






11. 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.






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






13. 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.






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






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






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






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






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






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






20. A numbering system used to uniquely identify each component of the work breakdown structure.






21. 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.






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






23. A representation of the plan for executing the project's activities including durations - dependencies and other planning information - used to produce a project schedule along with other scheduling artifacts.






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






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






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






27. 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.






28. A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.






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






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






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






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






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






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






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






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






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






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






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






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






41. A process used to investigate or analyze the output of the schedule model in order to optimize the schedule






42. A group of potential causes of risk.






43. 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.






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






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






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






47. 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.






48. The authorized budget assigned to scheduled work.






49. 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.






50. 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.