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






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






3. The amount of time whereby a successor activity can be advanced with respect to a predecessor activity.






4. 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.






5. 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.






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






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






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






9. 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.






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






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






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






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






14. 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.






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






16. 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.






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






18. 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.






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






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






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






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






23. 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.






24. 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.






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






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






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






28. 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.






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






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






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






32. 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.)






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






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






35. 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.






36. 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.






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






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






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






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






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






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






43. The amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint.






44. A measure of schedule performance expressed as the difference between the earned value and the planned value.






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






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






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






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






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






50. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.







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