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






2. 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.






3. 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.






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






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






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






7. 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.)






8. The application of knowledge - skills - tools - and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually.






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






10. A group of potential causes of risk.






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






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






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






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






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






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






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






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






19. A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.






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






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






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






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






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






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






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






27. 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.






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






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






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






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






32. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.






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






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






35. 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.






36. 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.






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






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






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






41. The authorized budget assigned to scheduled work.






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






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






44. 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.






45. 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.






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






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






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






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






50. 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.