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






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






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






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






6. 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.






7. 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.






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






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






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






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






12. A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or a given point in time.






13. 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.






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






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






16. 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.






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






18. 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.






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






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






21. 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.






22. 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.






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






24. 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.






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






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






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






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






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






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






31. An activity that does not produce definitive end products and is measured by the passage of time. (Note: Level of effort is one of three earned value management [EVM] types of activities used to measure work performance.)






32. 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.






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






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






35. 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.






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






37. The application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.






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






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






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






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






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






43. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.






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






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






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






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






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






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






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