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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 component of the project or program management plan that establishes the activities for developing - monitoring - and controlling the project or program.






2. A measure of schedule performance expressed as the difference between the earned value and the planned value.






3. 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.






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






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






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






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






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






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






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






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






12. A component of the project or program management plan that describes how a team will acquire goods and services from outside of the performing organization.






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






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






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






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






17. 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.






18. A numbering system used to uniquely identify each component of the work breakdown structure.






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






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






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






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






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






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






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






26. A logical relationship in which a successor activity cannot finish until a predecessor activity has started.






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






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






29. 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.






30. 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.






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






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






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






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






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






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






37. 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.






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






39. The amount of budget deficit or surplus at a given point in time - expressed as the difference between the earned value and the actual cost.






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






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






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






43. 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.






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






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






46. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).






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






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






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






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