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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 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.






2. The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity.






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






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






5. 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.






6. The series of phases that represent the evolution of a product - from concept through delivery - growth - maturity - and to retirement.






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






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






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






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






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






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






13. 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.






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






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






16. The measure of work performed expressed in terms of the budget authorized for that work.






17. An output of a schedule model that presents linked activities with planned dates - durations - milestones - and resources.






18. 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.)






19. 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.






20. 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.






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






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






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






24. A component of a project or program management plan that describes how costs will be planned - structured - and controlled.






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






26. An activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts. (Note: Apportioned effort is one of three earned value management [EVM] types of activities used to measure work performance






27. An activity that logically comes before a dependent activity in a schedule.






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






29. 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.






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






31. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.






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






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






34. 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.






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






36. The centralized management of one or more portfolios to achieve strategic objectives.






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






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






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






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






41. 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.






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






43. 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.






44. The approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.






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






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






47. 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.






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






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






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