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






2. 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






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






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






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






6. 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.)






7. A component of the project - program - or portfolio management plan that describes how risk management activities will be structured and performed.






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






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






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






11. The level of an organization's ability to deliver the desired strategic outcomes in a predictable - controllable - and reliable manner.






12. 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.






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






14. 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.






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






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






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






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






19. 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.






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






21. 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.






22. A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.






23. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.






24. 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.






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






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






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






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






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






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






31. 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.






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






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






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






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






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






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






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






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






40. A component of the project - program - or portfolio management plan that describes how - when - and by whom information will be administered and disseminated.






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






42. 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.






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






45. The authorized budget assigned to scheduled work.






46. A component of the project or program management plan that describes how the scope will be defined - developed - monitored - controlled - and verified.






47. 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.






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






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






50. A process whereby modifications to documents - deliverables - or baselines associated with the project are identified - documented - approved - or rejected.