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






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






3. 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.






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






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






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






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






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






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






10. 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.






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






12. The sequence of activities that represents the longest path through a project - which determines the shortest possible duration.






13. A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.






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






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






16. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).






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






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






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






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






21. The authorized budget assigned to scheduled work.






22. A projection of the amount of budget deficit or surplus - expressed as the difference between the budget at completion and the estimate at completion.






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






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






25. 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.






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






27. A measure of schedule performance expressed as the difference between the earned value and the planned value.






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






29. 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.






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






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






32. 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.






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






34. A component of the project or program management plan that establishes the activities for developing - monitoring - and controlling the project or program.






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






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






37. A bar chart of schedule information where activities are listed on the vertical axis - dates are shown on the horizontal axis - and activity durations are shown as horizontal bars placed according to start and finish dates.






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






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






40. A grid that shows the project resources assigned to each work package.






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






42. 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.






43. A significant point or event in a project - program - or portfolio.






44. The amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint.






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






46. 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






47. The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.






48. 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.






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






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