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






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






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






4. 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.






5. A group of related projects - subprograms and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually.






6. The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance






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






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






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






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






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






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






13. 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.






14. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.






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






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






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






18. 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.






19. 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.






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






21. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.






22. 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.






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






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






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






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






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






28. 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.






29. A component of the human resource plan that describes when and how team members will be acquired and how long they will be needed.






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






31. 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.






32. 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.






33. 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.






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






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






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






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






38. 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.






39. 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.






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






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






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






43. 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.






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






45. 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.)






46. 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.






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






48. 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






49. The authorized budget assigned to scheduled work.






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