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PMI Project Management Vocab
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Instructions:
Answer 50 questions in 15 minutes.
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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 document in which the results of risk analysis and risk response planning are recorded.
Risk Register
Decision Tree Analysis
Portfolio
Project Schedule Network Diagram
2. 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.
Three-Point Estimate
Optimistic Duration
Project Life Cycle
Program Management
3. The amount of time that a schedule activity can be delayed without delaying the early start date of any successor or violating a schedule constraint.
Secondary Risk
Phase Gate
Free Float
Human Resource Plan
4. 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.
Resource Leveling
Schedule Variance
Planned Value
Late Finish Date
5. The centralized management of one or more portfolios to achieve strategic objectives.
Level of Effort
Project Management
Schedule Model
Portfolio Management
6. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.
Gantt Chart
Organizational Process Assets
Actual Cost
Effort
7. A risk that arises as a direct result of implementing a risk response.
Total Float
Late Finish Date
Scope Management Plan
Secondary Risk
8. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.
Free Float
Total Float
Project Phase
S-Curve Analysis
9. 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.
Baseline
Risk Register
Project Charter
Early Start Date
10. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.
Organizational Breakdown Structure
Analogous Estimating
Probability and Impact Matrix
Effort
11. 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.
Earned Value
Lag
Start-to-Finish
Human Resource Plan
12. A grid that shows the project resources assigned to each work package.
Optimistic Duration
Responsibility Assignment Matrix
What-If Sce
Portfolio Management
13. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.
Sponsor
Risk Acceptance
Deliverable
Constraint
14. The sequence of activities that represents the longest path through a project - which determines the shortest possible duration.
Human Resource Plan
Critical Path
Risk Register
Rolling Wave Planning
15. 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.
Variance at Completion
Resource Leveling
Schedule Compression
Level of Effort
16. A component of the project or program management plan that describes how a team will acquire goods and services from outside of the performing organization.
Procurement Management Plan
Parametric Estimating
What-If Sce
Most Likely Duration
17. A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.
Level of Effort
Estimate to Complete
Change Control System
Baseline
18. The application of knowledge - skills - tools - and techniques to project activities to meet the project requirements.
Predecessor Activity
Change Control Board
Project Management
Estimate at Completion
19. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.
Resource Breakdown Structure
Risk
Project Management
Critical Path
20. 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.
Cost Management Plan
Progressive Elaboration
Lag
Critical Path Activity
21. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.
Estimate at Completion
Analogous Estimating
Budget at Completion
Project Schedule
22. 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.
Schedule Baseline
Three-Point Estimate
Performing Organization
To-Complete Performance Index
23. 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.
Scope Baseline
Change Control
Resource Leveling
Constraint
24. A risk that would have a negative effect on one or more project objectives.
Actual Cost
Effort
Threat
Change Control System
25. A logical relationship in which a successor activity cannot finish until a predecessor activity has started.
Start-to-Finish
Actual Cost
Project Schedule Network Diagram
Program
26. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.
Risk Mitigation
Risk Category
Late Start Date
Sponsor
27. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.
Schedule Compression
Project Phase
Earned Value Management
Pessimistic Duration
28. A group of potential causes of risk.
Project Phase
Risk Category
Portfolio Management
Critical Chain Method
29. A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.
Precedence Diagramming Method
Variance at Completion
Product Life Cycle
Rolling Wave Planning
30. A set of conditions that is required to be met before deliverables are accepted.
Rolling Wave Planning
Decomposition
Acceptance Criteria
Early Finish Date
31. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).
Requirement
Assumption
Budget at Completion
Bottom-up Estimating
32. A group of related schedule activities aggregated and displayed as a single activity.
Percent Complete
Risk Transference
Scope Baseline
Summary Activity
33. A point in time when the status of the project is recorded.
Requirements Traceability Matrix
Project Management
S-Curve Analysis
Data Date
34. An intentional activity to modify a nonconforming product or product component.
Sponsor
Defect Repair
S-Curve Analysis
Risk Acceptance
35. A component of the human resource plan that describes when and how team members will be acquired and how long they will be needed.
To-Complete Performance Index
Staffing Management Plan
Scope Management Plan
Corrective Action
36. A component of the project or program management plan that describes how an organization's quality policies will be implemented.
Risk Mitigation
Requirements Management Plan
Quality Management Plan
Trigger Condition
37. The series of phases that a project passes through from its initiation to its closure.
Decomposition
Project Life Cycle
Baseline
Three-Point Estimate
38. A risk that would have a positive effect on one or more project objectives.
Constraint
Logical Relationship
Opportunity
Risk Register
39. 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.
Progressive Elaboration
Opportunity
To-Complete Performance Index
Start-to-Finish
40. A hierarchical representation of resources by category and type.
Actual Cost
Stakeholder
Resource Breakdown Structure
Critical Path Method
41. A graphical representation of the logical relationships among the project schedule activities.
Total Float
Late Start Date
Product Life Cycle
Project Schedule Network Diagram
42. The measure of work performed expressed in terms of the budget authorized for that work.
Earned Value
Program
Schedule Variance
S-Curve Analysis
43. A technique used for dividing and sub-dividing the project scope and project deliverables into smaller - more manageable parts.
Scope Baseline
Resource Calendar
Decomposition
Progressive Elaboration
44. A numbering system used to uniquely identify each component of the work breakdown structure.
Total Float
Earned Value
Code of Accounts
Schedule Compression
45. A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.
Risk Breakdown Structure
Probability and Impact Matrix
Schedule Compression
Late Start Date
46. A significant point or event in a project - program - or portfolio.
Lessons Learned
Milestone
Change Control System
Schedule Baseline
47. A technique used to shorten the schedule duration for the least incremental cost by adding resources.
Control Account
Crashing
Apportioned Effort
Phase Gate
48. A logical relationship in which a successor activity cannot finish until a predecessor activity has finished.
Risk Transference
Budget at Completion
Risk Category
Finish-to-Finish
49. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.
Cost Management Plan
Requirement
Project Management Office
Resource Calendar
50. 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.
Project
Resource Calendar
Deliverable
Schedule Model Analysis
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