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






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






3. 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.






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






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






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






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






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






9. 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.






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






11. 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.






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






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






14. A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.






15. 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.






16. 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.






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






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






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






20. 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.






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






22. A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.






23. 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.






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






25. 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.






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






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






28. 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.)






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






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






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






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






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






34. 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.






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






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






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






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






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






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






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






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






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






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






45. 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.)






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






47. The amount of budget deficit or surplus at a given point in time - expressed as the difference between the earned value and the actual cost.






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






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






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