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Test your basic knowledge |
PMI Project Management Vocab
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Subjects
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certifications
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pmi
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business-skills
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 risk that would have a positive effect on one or more project objectives.
Opportunity
Lead
Total Float
Lessons Learned
2. 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.
Project
Late Finish Date
Schedule Model Analysis
Decomposition
3. A management control point where scope - budget - actual cost - and schedule are integrated and compared to earned value for performance measurement.
Budget at Completion
Control Account
Project Charter
Late Start Date
4. A process whereby modifications to documents - deliverables - or baselines associated with the project are identified - documented - approved - or rejected.
Forward Pass
Fast Tracking
Change Control
Variance Analysis
5. A point in time when the status of the project is recorded.
Project Scope
Data Date
Optimistic Duration
Free Float
6. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.
Lag
Analogous Estimating
Requirement
Phase Gate
7. A relationship in which a schedule activity has more than one successor.
Most Likely Duration
Path Divergence
Earned Value
Sponsor
8. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.
Critical Chain Method
Cost Management Plan
Risk Mitigation
Code of Accounts
9. A component of the project - program - or portfolio management plan that describes how risk management activities will be structured and performed.
Procurement Management Plan
Estimate at Completion
Risk Transference
Risk Management Plan
10. A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.
Total Float
Risk Acceptance
Probability and Impact Matrix
Project Management Office
11. A management structure that standardizes the program-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.
Critical Path Activity
Analogous Estimating
Cost Variance
Program Management Office
12. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.
Backward Pass
Pessimistic Duration
Project Management
Organizational Breakdown Structure
13. The sum of all budgets established for the work to be performed.
Program Management Office
Budget at Completion
Optimistic Duration
Baseline
14. A distinct - scheduled portion of work performed during the course of a project.
Scope Management Plan
Product Life Cycle
Start-to-Finish
Activity
15. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.
Earned Value Management
Fast Tracking
Parametric Estimating
Schedule Performance Index
16. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance.
Code of Accounts
What-If Sce
Lead
Most Likely Duration
17. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).
Change Control Board
Risk Breakdown Structure
Code of Accounts
Bottom-up Estimating
18. 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
Preventive Action
Path Divergence
Critical Chain Method
Lessons Learned
19. A risk that arises as a direct result of implementing a risk response.
Early Finish Date
Secondary Risk
Portfolio Balancing
Risk Breakdown Structure
20. A grid that shows the project resources assigned to each work package.
Pessimistic Duration
Responsibility Assignment Matrix
Cost Management Plan
Path Convergence
21. 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.
Program Management Office
Resource Leveling
Rolling Wave Planning
Early Start Date
22. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.
Resource Leveling
S-Curve Analysis
Project
What-If Sce
23. A temporary endeavor undertaken to create a unique product - service - or result.
Project
Project Management Office
Portfolio
WBS Dictionary
24. A management structure that standardizes the project-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.
Forward Pass
Finish-to-Start
Free Float
Project Management Office
25. A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty.
Decision Tree Analysis
Phase Gate
Effort
Crashing
26. A calendar that identifies the working days and shifts upon which each specific resource is available.
Critical Path
Change Control System
Earned Value Management
Resource Calendar
27. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.
Estimate at Completion
Bottom-up Estimating
Product Life Cycle
Performing Organization
28. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.
Analogous Estimating
Project Manager
S-Curve Analysis
Finish-to-Finish
29. 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.)
Change Control Board
Optimistic Duration
Performing Organization
Level of Effort
30. A technique used to shorten the schedule duration for the least incremental cost by adding resources.
Change Request
Scope Creep
Crashing
Critical Path
31. 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.
Forward Pass
S-Curve Analysis
Trigger Condition
Gantt Chart
32. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.
WBS Dictionary
Earned Value
Project Scope Statement
Lead
33. A risk that would have a negative effect on one or more project objectives.
Threat
To-Complete Performance Index
Free Float
Schedule Performance Index
34. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.
Assumption
Cost Management Plan
Sponsor
Scope Creep
35. A formal proposal to modify any document - deliverable - or baseline.
Late Start Date
Control Account
Change Request
Bottom-up Estimating
36. An activity that logically comes before a dependent activity in a schedule.
Parametric Estimating
Cost Variance
Predecessor Activity
Free Float
37. A relationship in which a schedule activity has more than one predecessor.
Path Convergence
Progressive Elaboration
Crashing
Organizational Process Assets
38. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.
Late Finish Date
Early Finish Date
Project Schedule Network Diagram
Risk
39. Any activity on the critical path in a project schedule.
Resource Calendar
Planned Value
Variance at Completion
Critical Path Activity
40. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.
Critical Chain Method
Budget at Completion
Free Float
Path Divergence
41. A set of conditions that is required to be met before deliverables are accepted.
Acceptance Criteria
Lag
Opportunity
Organizational Project Management Maturity
42. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.
Program Management
Change Control
Project Management
Risk Mitigation
43. 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.
Probability and Impact Matrix
Risk Mitigation
Backward Pass
Project
44. Plans - processes - policies - procedures and knowledge bases specific to and used by the performing organization.
Backward Pass
Schedule Compression
Organizational Process Assets
Organizational Breakdown Structure
45. 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.
Level of Effort
Scope Baseline
Secondary Risk
Performing Organization
46. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.
Project Life Cycle
Risk Transference
Crashing
Optimistic Duration
47. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.
Human Resource Plan
Effort
Sponsor
S-Curve Analysis
48. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.
Schedule Management Plan
Opportunity
Constraint
Percent Complete
49. A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.
Schedule Model Analysis
Fast Tracking
Earned Value
Risk Avoidance
50. 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.
Organizational Breakdown Structure
Program Management
Project Phase
Three-Point Estimate