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PMI Project Management Vocab

Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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 schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.






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






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






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






5. 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.






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






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






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






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






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






11. 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.






12. A formally chartered group responsible for reviewing - evaluating - approving - delaying - or rejecting changes to the project and for recording and communicating such decisions.






13. 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.






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






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






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






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






18. 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.)






19. An intentional activity to modify a nonconforming product or product component.






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






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






22. A relationship in which a schedule activity has more than one successor.






23. 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.






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






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






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






27. 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.






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






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






30. A group of potential causes of risk.






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






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






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






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






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






37. 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.






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






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






40. 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.






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






42. 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.






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






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






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






46. The centralized management of one or more portfolios to achieve strategic objectives.






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






48. 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.






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






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







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