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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 human resource plan that describes when and how team members will be acquired and how long they will be needed.






2. 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.






3. The application of knowledge - skills - tools - and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually.






4. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance.






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






6. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.






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






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






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






10. A condition or capability that is required to be present in a product - service - or result to satisfy a contract or other formally imposed specification.






11. 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.






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






13. 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.






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






15. A bar chart of schedule information where activities are listed on the vertical axis - dates are shown on the horizontal axis - and activity durations are shown as horizontal bars placed according to start and finish dates.






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






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






18. 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.






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






20. The series of phases that a project passes through from its initiation to its closure.






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






22. 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.






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






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 group of potential causes of risk.






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






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






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






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






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






31. 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.






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






33. 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.)






34. The authorized budget assigned to scheduled work.






35. 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






36. A review at the end of a phase in which a decision is made to continue to the next phase - to continue with modification - or to end a project or program.






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






38. 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.)






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






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






41. 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.






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






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






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






45. 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.






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






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






48. 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.






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






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