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






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






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






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






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






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






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






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






10. A group of potential causes of risk.






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






12. 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.






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






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






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






16. 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.






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






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






19. 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.






20. 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.






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






22. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.






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






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






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






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






27. 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.






28. In the critical path method - the earliest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic - the data date - and any schedule constraints.






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






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






31. A management structure that standardizes the project-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.






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






33. 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.






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






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






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






37. 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.






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






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






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






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






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






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






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






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






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






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






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






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






50. The process of optimizing the mix of portfolio components to further the strategic objectives of the organization.