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PMI Project Management Vocab
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PMI Project Management Vocab
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25 Questions

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

2. 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.

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

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

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

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

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

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

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

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

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

12. A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed.

13. 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.)

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

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

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

17. 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.

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

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

20. 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.

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

22. 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.

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

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

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