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






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






3. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance.






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






5. A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.






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






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






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






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






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






11. 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






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






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






14. A document in which the results of risk analysis and risk response planning are recorded.






15. 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.)






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






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






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






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






20. In the critical path method - the latest possible point in time when the uncompleted portions of a schedule activity can finish based on the schedule network logic - the project completion date - and any schedule constraints.






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






22. Conditions - not under the immediate control of the team - that influence - constrain - or direct the project - program - or portfolio.






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






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






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






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






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






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






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






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






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






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






34. A limiting factor that affects the execution of a project - program - portfolio - or process.






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






36. 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.






37. 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.)






38. The authorized budget assigned to scheduled work.






39. 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






40. 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.






41. 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.






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






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






44. 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.






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






46. The document that describes how the project will be executed - monitored - and controlled.






47. A person or group who provides resources and support for the project - program - or portfolio - and is accountable for enabling success.






48. A logical relationship in which a successor activity cannot start until a predecessor activity has finished.






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






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