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






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






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






4. 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.






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






6. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.






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






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






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






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






11. A document in which the results of risk analysis and risk response planning are recorded.






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






13. A projection of the amount of budget deficit or surplus - expressed as the difference between the budget at completion and the estimate at completion.






14. Plans - processes - policies - procedures and knowledge bases specific to and used by the performing organization.






15. The authorized budget assigned to scheduled work.






16. A logical relationship in which a successor activity cannot finish until a predecessor activity has finished.






17. A risk that arises as a direct result of implementing a risk response.






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






19. 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.






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






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






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






23. A grid that shows the project resources assigned to each work package.






24. 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.






25. A bar chart of schedule information where activities are listed on the vertical axis - dates are shown on the horizontal axis - and activity durations are shown as horizontal bars placed according to start and finish dates.






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






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






28. A risk that would have a negative effect on one or more project objectives.






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






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






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






32. A group of potential causes of risk.






33. The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity.






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






35. 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






36. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance.






37. A process used to investigate or analyze the output of the schedule model in order to optimize the schedule






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






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






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






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






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






43. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.






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






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






46. 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.






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






48. 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.






49. 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






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