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






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






3. A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.






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






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






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






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






8. The series of phases that a project passes through from its initiation to its closure.






9. 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.






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






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






12. A dependency between two activities - or between an activity and a milestone.






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






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






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






16. An individual - group - or organization who may affect - be affected by - or perceive itself to be affected by a decision - activity - or outcome of a project - program - or portfolio.






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






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






19. 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.






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






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






22. 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.






23. An activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts. (Note: Apportioned effort is one of three earned value management [EVM] types of activities used to measure work performance






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






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






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






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






28. A measure of the cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal - expressed as the ratio of the cost to finish the outstanding work to the remaining budget.






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






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






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






32. 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.






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






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






35. 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.






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






37. 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.






38. A graphical representation of the logical relationships among the project schedule activities.






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






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






41. 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.






42. The authorized budget assigned to scheduled work.






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






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






45. A group of related schedule activities aggregated and displayed as a single activity.






46. 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.






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






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






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






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