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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 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.






2. 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.






3. A risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact.






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






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






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






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






8. A logical relationship in which a successor activity cannot finish until a predecessor activity has started.






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






10. A grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs.






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






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






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






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






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






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






17. The amount of time that a schedule activity can be delayed without delaying the early start date of any successor or violating a schedule constraint.






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






19. A logical relationship in which a successor activity cannot finish until a predecessor activity has finished.






20. A methodology that combines scope - schedule - and resource measurements to assess project performance and progress.






21. 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






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






23. The uncontrolled expansion to product or project scope without adjustments to time - cost - and resources.






24. The amount of budget deficit or surplus at a given point in time - expressed as the difference between the earned value and the actual cost.






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






26. A risk that would have a negative effect on one or more project objectives.






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






28. The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.






29. A management control point where scope - budget - actual cost - and schedule are integrated and compared to earned value for performance measurement.






30. 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.






31. 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.






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






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






34. 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.






35. A management structure that standardizes the program-related governance processes and facilitates the sharing of resources - methodologies - tools - and techniques.






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






37. 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.)






38. A risk response strategy whereby the project team shifts the impact of a threat to a third party - together with ownership of the response.






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






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






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






42. A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.






43. A risk response strategy whereby the project team decides to acknowledge the risk and not take any action unless the risk occurs.






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






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






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






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






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






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






50. A formally chartered group responsible for reviewing - evaluating - approving - delaying - or rejecting changes to the project and for recording and communicating such decisions.






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