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PMI Project Management Vocab

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. An output of a schedule model that presents linked activities with planned dates - durations - milestones - and resources.






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






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






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






5. 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.






6. A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.






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






8. A calendar that identifies the working days and shifts upon which each specific resource is available.






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






10. 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.






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






12. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.






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






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






15. Conditions - not under the immediate control of the team - that influence - constrain - or direct the project - program - or portfolio.






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






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






18. 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.






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






20. 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.






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






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






23. 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






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






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






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






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






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






29. 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.






30. The authorized budget assigned to scheduled work.






31. 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.






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






33. The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison.






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






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






36. 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






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






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






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






40. 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.






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






42. A relationship in which a schedule activity has more than one successor.






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






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






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






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






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






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






49. 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.






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







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