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






2. A relationship in which a schedule activity has more than one predecessor.






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






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






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






6. 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






7. A technique used to shorten the schedule duration for the least incremental cost by adding resources.






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






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






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






11. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties.






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






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






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






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






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






17. 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.






18. 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.






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






20. Plans - processes - policies - procedures and knowledge bases specific to and used by the performing organization.






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






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






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






24. 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.






25. 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.






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






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






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






29. A group of related schedule activities aggregated and displayed as a single activity.






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






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






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






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






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






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






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






37. A document that provides detailed deliverable - activity - and scheduling information about each component in the work breakdown structure.






38. 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.






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






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






41. A critical path method technique for calculating the late start and late finish dates by working backward through the schedule model from the project end date.






42. 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.)






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






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






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






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






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






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






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






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