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






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






3. 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.






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






5. A collection of logically related project activities that culminates in the completion of one or more deliverables.






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






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






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






9. A formal proposal to modify any document - deliverable - or baseline.






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






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






12. A component of the project or program management plan that describes how the scope will be defined - developed - monitored - controlled - and verified.






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






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






15. An event or situation that indicates that a risk is about to occur.






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






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






18. 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.






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






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






21. The authorized budget assigned to scheduled work.






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






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






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






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






26. 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.






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






28. A temporary endeavor undertaken to create a unique product - service - or result.






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






30. 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






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






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






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






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






35. 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.






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






37. 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.






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






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






40. 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.






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






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






43. A component of the project or program management plan that describes how an organization's quality policies will be implemented.






44. 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.






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






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






47. The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.






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






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






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






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