Description : Which one of the following does project change control primarily seek to ensure? a. All variance to the project scope is evaluated. b. No reduction in the perceived quality of the project outcome. ... project do not increase. d. Any decrease in the scoped deliverable of the project is rejected.
Last Answer : a. All variance to the project scope is evaluated.
Description : . If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance
Last Answer : D. There is no cost variance
Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance
Last Answer : C. Management Contingency Reserve
Description : Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at completion is $75,000. What is the estimate at completion value ... : a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000
Last Answer : d. $875,000
Description : Which of the following represents the estimated value of the work actually accomplished? A. Earned value (EV) B. Planned value (PV) C. Actual cost (AC D. Cost variance (CV)
Last Answer : A. Earned value (EV)
Description : Which one of the following does project change control primarily seek to ensure? a. All variance to the project scope is evaluated. b. No reduction in the perceived quality of the project outcome ... project do not increase. d. Any decrease in the scoped deliverable of the project is rejected
Description : The BCWS = $250, the ACWP = $350, and the BCWP = $200. Calculate the Cost Variance. 1. -$150 2. $150 3. -$50 4. $50
Last Answer : 1. -$150
Description : Cost Variance (CV) is which of the following equations? 1. CV = BCWP - BCWS 2. CV = BCWP - ACWP 3. CV = SV / BCWS 4. A and c
Last Answer : 2. CV = BCWP - ACWP
Description : A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance
Last Answer : A. Cost Baseline
Description : If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance
Description : What Is Effort Variance?
Last Answer : Effort Variance = (Actual effort – Estimated Effort) / Estimated Effort.
Description : The two types of investments that provide the highest and lowest yields in the Ibbotson study of Stocks, Bonds, Bills and Inflation are A. Large company stocks; U.S. treasury bills B. Large ... Treasury bills D. Small company stocks; preferred stock E. U.S. treasury bills; small company stocks
Last Answer : C. Small company stocks; U.S. Treasury bills
Description : A portfolio comprises of two stocks A and B. Stock A gives a return of 8%and stock B gives a return of 7%. Stock A has a weight of 60% in the portfolio. What is the portfolio return? A. 9% B. 11% C. 10% D. 8%
Last Answer : D. 8%
Description : Total risk for common stocks is: A. the sum of systematic risk and diversifiable risk. B. measured by beta. C. the sum of market risk and systematic risk. D. the sum of diversifiable risk and unsystematic risk
Last Answer : A. the sum of systematic risk and diversifiable risk.
Description : Which of the following statements is/are not correct with respect to the Constant Mix Strategies' of asset allocation? I. Investors adopting these strategies tend to maintain an exposure to stocks that are in constant ... strategies. A. Only (I) above B. Only (II) above C. Only (III) above
Last Answer : C. Only (III) above
Description : Fill in the blank. There is _______ correlation between project complexity and project risk. Select one: a. an unknown b. a positive c. no d. a negative e. a general
Last Answer : b. a positive
Description : Risk in project management is defined as A.An uncertain event that, if it occurs, has a positive effect on project objectives B.An uncertain event that, if it occurs, has a negative ... effect on project objectives D.An uncertain event that do not have any effect on project objectives
Last Answer : C.An uncertain event that, if it occurs, has a positive or negative effect on project objectives
Description : All of the following statements are true regarding risk events except which one? Choose the least correct answer. A. Project risks are uncertain events. B. If risks occur, they can ... that have more perceived rewards to the organization than the consequences of the risk should be accepted.
Last Answer : C. Unknown risks are threats to the project objectives, and nothing can be done to plan for them.
Description : Why is it important to understand your Stakeholders? A. They may work in a different department or company B. They may have different technical backgrounds C. They may not care about the project D. They can be a positive or negative influence on the project (Ans.)
Last Answer : D. They can be a positive or negative influence on the project (Ans.)
Description : An investment should be accepted if its Net Present Value (NPV) is (A) 0 (B) 1 (C) positive (D) negative
Last Answer : C) positive
Description : An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed. A. Random Chance B. Disaster C. Risk
Last Answer : C. Risk
Description : Joule-Thomson co-efficient for a perfect gas is (A) Zero (B) Positive (C) Negative (D) None of these
Last Answer : (A) Zero
Description : If two commodities are complements, then their cross-price elasticity is (1) zero (2) positive (3) negative (4) imaginary number
Last Answer : negative
Description : Cross-price elasticity of demand between tea and coffee is (a) negative (b) positive © zero (d) infinite
Last Answer : (b) positive
Description : )A new project was initiated that involves new technology and subsequently has never been done before. What type of contract would to owner want to issue to reduce or eliminate as much risk as possible. 1. Firm ... 2. Cost plus fix fee 3. Cost plus incentive fee 4. Lump sum 5. A and D
Last Answer : 5. A and D
Description : Pick up the correct statement from the following: (A) The horizontal angle between magnetic meridian and true meridian at a place is called magnetic declination or variance of the compass (B) The ... lines through places at which the declination is zero are termedagonic lines (D) All the above
Last Answer : (D) All the above
Description : Material price, mix, usage and revised quantity variances are measured on _______ basis, whereas material yield variance is measured on _______ basis. A. Output, Input B. Output, Output C. Input, Output D. None of the above
Last Answer : C. Input, Output
Description : The sub-variance of material usage variance, known as Material mix variance is measured as A. Total standard cost - Total actual cost B. Standard cost of revised standard mix - Standard cost of ... unit price) * Actual quantity used D. (Standard quantity - Actual quantity) * Unit standard price
Last Answer : B. Standard cost of revised standard mix - Standard cost of actual mix
Description : Jack is in charge of a project team. Due to an unexpected project change, some issues with the project have come up. Two key team members, Samantha and Felix, are arguing their ... concerns through conflict resolution. e. Delay this issue for now until it becomes a significant conflict.
Last Answer : a. Confront the problem early, and invite both Samantha and Felix to private meetings.
Description : You must decide between two mutually exclusive projects. Project A has cash flows of - Rs.10,000; Rs.5,000; Rs.5,000; and Rs.5,000; for years 0 through 3, respectively. Project B has cash flows of -Rs ... B's NPV > Project A's NPV. D. Neither A nor B; The NPVs of both projects are negative.
Last Answer : C. B; Project B's NPV > Project A's NPV.
Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.
Last Answer : c. An improvement resulting from project deliverables.
Description : According to PMBOK, project management process groups are iterative, which was originally defined by Walter Shewhart and later modified by Edward Deming. Generally, one outcome from a previous process can serve ... -Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle
Last Answer : b. Plan-Do-Check-Act cycle
Description : Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organisation or organisations involved in the project. (True/False)
Last Answer : Ans. True
Description : If generally interest rates in nation increase, a corporate bond with a fixed interest rate will usually A. increase in value B. remain unchanged C. decrease in value. D. be returned to corporation.
Last Answer : C. decrease in value.
Description : )Which of the following fit the category of external risks? 1. Project delays, budget under-runs, movement of city utilities 2. Regulatory, currency changes, taxation 3. Natural disasters, ... , design, social impact 5. Political unrest, budget overruns, size and complexity of the project
Last Answer : 2. Regulatory, currency changes, taxation
Description : Assume that a firm has accurately calculated the net cash flows relating to two mutua lly exclusive investment proposals. If the net present value of both proposals exceed zero and the firm is ... maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Last Answer : D. accept the proposal that has the largest NPV since the goal of the firm is to maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Description : In the initial stage of the project the probability of completing the project is ___ . (A) Zero (B) High (C) Low (D) Any of the above
Last Answer : (C) Low
Description : Which one of the following is least likely to be a success criteria? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.
Last Answer : d. The awarding of bonuses to senior management.
Description : In the initial stage of the project the probability of completing the project is . (A)Zero (B)High (C)Low (D)Any of the above
Last Answer : (C)Low
Description : A project has a Profitability Index of 1.30. What does it mean? A.The NPV is less than zero B.The payback period is more than one year C.That the project returns Rs 1.30 for every Re 1 invested in the project D.That IRR is 1.30 times that of the Hurdle Rate
Last Answer : C.That the project returns Rs 1.30 for every Re 1 invested in the project
Description : .In the initial stage of the project the probability of completing the project is ___ . A.Zero B.High C.Low D.Medium
Last Answer : C.Low
Description : Which of the following is true regarding IRR? A. IRR assumes reinvestment at the cost of capital. B. IRR is the discount rate when NPV is greater than zero. C. IRR is a constrained optimization method. D. IRR is the discount rate when NPV is equal to zero.
Last Answer : D. IRR is the discount rate when NPV is equal to zero.
Description : Which one of the following is least likely to be a success criterion? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.
Description : A profitability index (PI) of .92 for a project means that . A. The project's costs (cash outlay) are (is) less than the present value of the project's benefits B. The project's NPV is ... is greater than 1 D. The project returns 92 cents in present value for each current rupee invested (cost)
Last Answer : C. The project's NPV is greater than 1
Description : Fill in the blank with appropriate numpy method to calculate and print the variance of an array. -Technology
Last Answer : print(np.var(data,ddof=0))
Description : Mention one item each of the positive and negative programme of the Non-Cooperation Movement. -SST 10th
Last Answer : (i) Positive Programme—Hindu-Muslim Unity. (ii) Negative Programme—Boycott of British goods.
Description : If two commodities are complements, then their crossprice elasticity is- (1) zero (2) positive (3) negative (4) imaginary number
Last Answer : (4) imaginary number Explanation: In economics, the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in ... denotes two products that are complements, while a positive cross elasticity denotes two substitute products.