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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.
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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 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.






2. 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.






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






4. 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.






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






6. 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.






7. 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.






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






9. 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.






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






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






12. 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.






13. 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.






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






15. 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.






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






17. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).






18. 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.






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






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






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






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






23. 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.






24. 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.






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






26. 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.






27. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.






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






30. A risk that would have a positive effect on one or more project objectives.






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






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






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






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






35. A hierarchical representation of resources by category and type.






36. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.






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






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






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






40. A technique used to shorten the schedule duration for the least incremental cost by adding resources.






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






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






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






44. A logical relationship in which a successor activity cannot start until a predecessor activity has finished.






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






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






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






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






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






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







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