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






2. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.






3. 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






4. A set of conditions that is required to be met before deliverables are accepted.






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






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






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






8. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.






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






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






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






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






13. 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.






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






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






16. 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.






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






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






19. 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.






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






21. A logical relationship in which a successor activity cannot start until a predecessor activity has finished.






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






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






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






25. 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.






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






27. A dependent activity that logically comes after another activity in a schedule.






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






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






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






31. 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.)






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






33. 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.






34. 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.






35. Any activity on the critical path in a project schedule.






36. 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






37. A component of the project - program - or portfolio management plan that describes how - when - and by whom information will be administered and disseminated.






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






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






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






41. The sum of all budgets established for the work to be performed.






42. 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.






43. The level of an organization's ability to deliver the desired strategic outcomes in a predictable - controllable - and reliable manner.






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






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






46. 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.






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






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






49. A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.






50. 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.







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