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






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






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






4. A relationship in which a schedule activity has more than one successor.






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






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






7. 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.






8. A measure of schedule efficiency expressed as the ratio of earned value to planned value.






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






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






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






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






13. 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.






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






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






16. 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.)






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






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






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






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






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






23. 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.






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






26. A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.






27. An enterprise whose personnel are the most directly involved in doing the work of the project or program.






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






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






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






31. 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.






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






33. An individual - group - or organization who may affect - be affected by - or perceive itself to be affected by a decision - activity - or outcome of a project - program - or portfolio.






34. 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.






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






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






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






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






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






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






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






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






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






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






46. An earned value management technique used to indicate performance trends by using a graph that displays cumulative costs over a specific time period.






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






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






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






50. 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.