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






2. 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.






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






4. 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.)






5. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.






6. A representation of the plan for executing the project's activities including durations - dependencies and other planning information - used to produce a project schedule along with other scheduling artifacts.






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






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






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






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






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






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






13. A risk that would have a positive effect on one or more project objectives.






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






15. 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.






16. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.






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






18. The authorized budget assigned to scheduled work.






19. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.






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






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






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






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






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






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






26. An activity that does not produce definitive end products and is measured by the passage of time. (Note: Level of effort is one of three earned value management [EVM] types of activities used to measure work performance.)






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






28. 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.






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






30. 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.






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






32. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.






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






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






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






36. A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.






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






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






39. A calendar that identifies working days and shifts that are available for scheduled activities.






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






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






42. 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.






43. 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.






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






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






46. 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.






47. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.






48. 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.






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






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