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PMI Project Management Vocab
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Instructions:
Answer 50 questions in 15 minutes.
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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 response to a threat that has occurred - for which a prior response had not been planned or was not effective.
Probability and Impact Matrix
S-Curve Analysis
Code of Accounts
What-If Sce
2. The expected cost to finish all the remaining project work.
Risk Management Plan
Project Scope
Most Likely Duration
Estimate to Complete
3. A risk that arises as a direct result of implementing a risk response.
Deliverable
Secondary Risk
Early Start Date
Critical Path Activity
4. A technique for estimating the duration or cost of an activity or a project - using historical data from a similar activity or project.
Analogous Estimating
Acceptance Criteria
Variance Analysis
Assumption
5. A technique for determining the cause and degree of difference between the baseline and actual performance.
Critical Path Activity
Portfolio Management
Resource Calendar
Variance Analysis
6. A relationship in which a schedule activity has more than one predecessor.
Assumption
Path Convergence
Late Start Date
Schedule Management Plan
7. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.
Three-Point Estimate
Optimistic Duration
Risk Mitigation
Change Control Board
8. A group of related schedule activities aggregated and displayed as a single activity.
Project
Summary Activity
Product Life Cycle
Risk Avoidance
9. The series of phases that represent the evolution of a product - from concept through delivery - growth - maturity - and to retirement.
Schedule Management Plan
Finish-to-Finish
Product Life Cycle
Early Finish Date
10. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.
Risk Transference
Performing Organization
Trigger Condition
Risk Category
11. 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.
Program
Scope Baseline
Free Float
Defect Repair
12. A technique used to shorten the schedule duration for the least incremental cost by adding resources.
Crashing
Precedence Diagramming Method
Phase Gate
Baseline
13. A technique used to shorten the schedule duration without reducing the project scope.
Secondary Risk
Schedule Compression
Risk Acceptance
Activity
14. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.
Opportunity
Optimistic Duration
Logical Relationship
Estimate at Completion
15. 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.
Code of Accounts
Portfolio
Three-Point Estimate
Risk Category
16. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.
Logical Relationship
Requirements Traceability Matrix
Start-to-Start
Project Manager
17. The document that describes how the project will be executed - monitored - and controlled.
Pessimistic Duration
Preventive Action
Project Management Plan
S-Curve Analysis
18. A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.
To-Complete Performance Index
Change Control System
Portfolio
Progressive Elaboration
19. A limiting factor that affects the execution of a project - program - portfolio - or process.
Free Float
Lessons Learned
Constraint
Risk Breakdown Structure
20. Plans - processes - policies - procedures and knowledge bases specific to and used by the performing organization.
S-Curve Analysis
Organizational Process Assets
Responsibility Assignment Matrix
Sponsor
21. A hierarchical representation of the project organization - which illustrates the relationship between project activities and the organizational units that will perform those activities.
Organizational Breakdown Structure
What-If Sce
Risk Acceptance
Probability and Impact Matrix
22. The uncontrolled expansion to product or project scope without adjustments to time - cost - and resources.
Precedence Diagramming Method
Path Convergence
Schedule Management Plan
Scope Creep
23. 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.
Project Manager
Effort
Baseline
Portfolio
24. 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.
Start-to-Finish
Forward Pass
Total Float
Program Management
25. A collection of logically related project activities that culminates in the completion of one or more deliverables.
Schedule Baseline
Project Phase
Budget at Completion
Risk Category
26. A component of the project - program - or portfolio management plan that describes how risk management activities will be structured and performed.
Risk Management Plan
Apportioned Effort
Risk Transference
Project Management Plan
27. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.
Scope Creep
Parametric Estimating
Risk Mitigation
Gantt Chart
28. A logical relationship in which a successor activity cannot start until a predecessor activity has started.
Threat
Start-to-Start
Early Start Date
Cost Variance
29. A calendar that identifies working days and shifts that are available for scheduled activities.
Scope Creep
Milestone
Start-to-Start
Project Calendar
30. A temporary endeavor undertaken to create a unique product - service - or result.
Risk Avoidance
Project
Corrective Action
Project Management Plan
31. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.
Gantt Chart
Portfolio
Optimistic Duration
Critical Path
32. 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.
Portfolio Balancing
Apportioned Effort
Stakeholder
Early Start Date
33. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.
Risk Acceptance
Pessimistic Duration
Start-to-Finish
Requirements Traceability Matrix
34. 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.
Parametric Estimating
Critical Path Activity
To-Complete Performance Index
Start-to-Start
35. A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.
Backward Pass
Project
Risk Avoidance
Path Convergence
36. The centralized management of one or more portfolios to achieve strategic objectives.
Fast Tracking
Resource Leveling
Portfolio Management
Variance at Completion
37. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).
Bottom-up Estimating
Total Float
Organizational Project Management Maturity
Planned Value
38. 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.
Data Date
Progressive Elaboration
Cost Performance Index
Requirements Management Plan
39. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.
What-If Sce
Secondary Risk
Project Scope
Earned Value Management
40. A group of potential causes of risk.
Cost Variance
Program Management Office
Risk Category
Secondary Risk
41. A risk that would have a positive effect on one or more project objectives.
Schedule Variance
Project Life Cycle
Deliverable
Opportunity
42. A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.
Backward Pass
Free Float
Cost Performance Index
Logical Relationship
43. The level of an organization's ability to deliver the desired strategic outcomes in a predictable - controllable - and reliable manner.
Schedule Management Plan
Organizational Project Management Maturity
Cost Management Plan
Budget at Completion
44. An iterative planning technique in which the work to be accomplished in the near term is planned in detail - while the work in the future is planned at a higher level.
Risk Avoidance
Rolling Wave Planning
Free Float
Cost Management Plan
45. A point in time when the status of the project is recorded.
Data Date
Estimate at Completion
Cost Variance
Scope Creep
46. 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.
Constraint
Requirement
Schedule Model
Resource Breakdown Structure
47. 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.)
Level of Effort
Data Date
Estimate to Complete
Code of Accounts
48. The number of labor units required to complete a schedule activity or work breakdown structure component - often expressed in hours - days - or weeks.
Effort
Crashing
Early Finish Date
S-Curve Analysis
49. Any activity on the critical path in a project schedule.
Scope Creep
Corrective Action
Precedence Diagramming Method
Critical Path Activity
50. The sequence of activities that represents the longest path through a project - which determines the shortest possible duration.
Requirement
Threat
Critical Path
Product Life Cycle
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