PMI Project Management Vocab
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PMI Project Management Vocab
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1. An estimate of the longest activity duration - which takes into account all of the known variables that could affect performance.

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

3. A dependency between two activities - or between an activity and a milestone.

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

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

6. 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.

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

8. A set of conditions that is required to be met before deliverables are accepted.

9. An intentional activity that realigns the performance of the project work with the project management plan.

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

11. A risk that arises as a direct result of implementing a risk response.

12. An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component.

13. 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.

14. 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.

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

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

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

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

19. 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.)

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

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

22. An uncertain event or condition that - if it occurs - has a positive or negative effect on one or more project objectives.

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

24. 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.)

25. The approved version of a scope statement - work breakdown structure (WBS) - and its associated WBS dictionary - which can be changed only through formal change control procedures and is used as a basis for comparison.

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