The basic nature of a project is a/an _____ one. (A) permanent (B) temporary (C) (A) or (B) (D) Both (A) and (B)

The basic nature of a project is a/an _____ one.

(A) permanent

(B) temporary

(C) (A) or (B)

(D) Both (A) and (B)
by

1 Answer

Answer :

(B) temporary
by

Related questions

The basic nature of a project is a/an _____ one. (A) permanent (B) temporary (C) (A) or (B) (D) Both (A) and (B)

Description : The basic nature of a project is a/an _____ one. (A) permanent (B) temporary (C) (A) or (B) (D) Both (A) and (B)

Last Answer : (B) temporary

The amount of current assets that varies with seasonal requirements is referred to as working capital. A. permanent B. net C. temporary D. gross

Description : The amount of current assets that varies with seasonal requirements is referred to as  working capital. A. permanent B. net C. temporary D. gross

Last Answer : C. temporary

The amount of current assets required to meet a firm's long-term minimum needs is referred to as working capital. A. permanent B. temporary C. net D. gross

Description : The amount of current assets required to meet a firm's long-term minimum needs is  referred to as working capital. A. permanent B. temporary C. net D. gross

Last Answer : A. permanent

Which of the following illustrates the use of a hedging approach to financing assets? A. Temporary current assets financed with long-term liabilities. B. Permanent working capital financed with long-term liabilities. C. Short-term assets financed with equity D. All assets financed with a mixture of 50% equity and 50% long-term debt

Description : Which of the following illustrates the use of a hedging approach to financing assets? A. Temporary current assets financed with long-term liabilities. B. Permanent working capital financed with long-term ... equity D. All assets financed with a mixture of 50% equity and 50% long-term debt

Last Answer : B. Permanent working capital financed with long-term liabilities.

Assume a systems development project effort calculation determines that the system will require 240 function points. If the developers choose to implement this system in the C programming language, approximately 31,200 lines of code will have to be written. If the developers choose Visual Basic to implement the system, the number of lines of code will be _____. a. about the same b. can't tell without more information c. exactly the same d. much greater e. much less

Description : Assume a systems development project effort calculation determines that the system  will require 240 function points. If the developers choose to implement this system in the  C programming language, approximately ... without more information  c. exactly the same  d. much greater  e. much less

Last Answer : e. much less

Which one of the following is the last step of project closings?Select one: a. The client has accepted the product. b. Archives are complete. c. The client appreciates your product. d. Lessons learned are documented. e. Temporary staff is released.

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Last Answer : b. Archives are complete.

. An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ensure acceptance of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Description : . An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ... of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Last Answer : b. capture learning and document it for future usage.

An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ensure acceptance of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified

Description : An important aim of a post-project review is to:  a. validate overall progress to date against the budget and schedule.  b. capture learning and document it for future usage.  c. ... of all permanent documentation, signed by the sponsor.  d. establish that project benefits have been identified

Last Answer : b. capture learning and document it for future usage.

Master Files contain data of: a) Permanent Nature b) Global Nature c) Temporary Nature d) Local Natur e) None of These

Description : Master Files contain data of: a) Permanent Nature b) Global Nature c) Temporary Nature d) Local Natur e) None of These

Last Answer : a) Permanent Nature

What is a partial or total loss of memory of a temporary or permanent nature known as?

Description : What is a partial or total loss of memory of a temporary or permanent nature known as?

Last Answer : ANSWER: Amnesia 

Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A) Algorithmic model (B) Expert judgment (C) Top down (D) Analogy

Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A) Algorithmic model (B) Expert judgment (C) Top down (D) Analogy

Last Answer : (D) Analogy

Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A)Algorithmic model (B)Expert judgment (C)Top down (D)Analogy

Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A)Algorithmic model (B)Expert judgment (C)Top down (D)Analogy

Last Answer : (D)Analogy

What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming techniques 3. The use of historical data from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.

Description : What is the most accurate method of obtaining project information that can reduce the amount  of risk? 1. Observations on the current project  2. Determining the risk by using brainstorming ... from previous projects that were similar in nature  4. Sensitivity analysis  5. Delphi technique.

Last Answer : 3. The use of historical data from previous projects that were similar in nature

In the project planning, which of the following is considered as the most basic parameter based on which all other estimates are made? A. project size B. project effort C. project duration D. project schedule

Description : In the project planning, which of the following is considered as the most basic parameter  based on which all other estimates are made? A. project size B. project effort C. project duration D. project schedule

Last Answer : A. project size

The ____ manages the four basic elements of a project: resources, time, money, and scope

Description : The ____ manages the four basic elements of a project: resources, time, money, and  scope

Last Answer : Ans. Project Manager

The basic approach to Earned Value is toA. Sum up the Work Package Earned Values to calculate the Earned Value of the Control Account and ultimately the Project B. Multiply the percent complete by the value of the Work Package to calculate the "Earned Value" for that package C. Estimate a percent complete for each WBS Work Package D. All of the above

Description : The basic approach to Earned Value is to A. Sum up the Work Package Earned Values to calculate the Earned Value of the Control  Account and ultimately the Project  B. Multiply the percent complete by ... that package  C. Estimate a percent complete for each WBS Work Package  D. All of the above

Last Answer : D. All of the above

The Scope Baseline is: 1. the original description of the project's end results 2. a summary description of the project's original content and end product, including basic budgetary and time constraint data 3. the original project budget and schedule 4. a and c

Description : The Scope Baseline is: 1. the original description of the project's end results  2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data 3. the original project budget and schedule  4. a and c

Last Answer : 2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data

Resorce requirement in project becomes constant while the project is in its _____ progress stage. (A) 40 to 55% (B) 55 to 70% (C) 70 to 80% (D) 80 to 95%

Description : Resorce requirement in project becomes constant while the project is in its _____ progress stage. (A) 40 to 55% (B) 55 to 70% (C) 70 to 80% (D) 80 to 95%

Last Answer : (D) 80 to 95%

Do it because I said to” is the mantra for project managers who use _____ as the default approach to resolve conflict. Select one: a. collaborating b. compromising c. accommodating d. forcing e. avoiding

Description : Do it because I said to” is the mantra for project managers who use _____ as the  default approach to resolve conflict. Select one: a. collaborating b. compromising c. accommodating d. forcing e. avoiding

Last Answer : d. forcing

Fill in the blank. Risk must be considered in the _____ phase and weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Description : Fill in the blank. Risk must be considered in the _____ phase and weighed against  the potential benefit of the project’s success in order to decide if the project should  be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Last Answer : e. initiation

According to the Project Management Institute (PMI), project management is defined as “the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements”. Select one: a. skills, analysis b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories

Description : According to the Project Management Institute (PMI), project  management is defined as the application of knowledge, _____, _____, and  techniques to project activities to meet the project requirements . Select ... b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories

Last Answer : d. skills, tools

Adding people to a project team in order to speed up total development time _____. a. is a standard task in timeboxing b. is a useful way to meet a tight deadline c. may actually increase total development time d. simplifies communication within the team e. none of the above

Description : Adding people to a project team in order to speed up total development time _____.  a. is a standard task in timeboxing  b. is a useful way to meet a tight deadline  c. may actually increase total development time  d. simplifies communication within the team  e. none of the above

Last Answer : c. may actually increase total development time

Michelle has decided to use a shortcut to determine tc. microconvergent d. normal e. very simplehe complexity of the project she is currently managing. She has assigned the adjusted project complexity (PCA) a value of .65. She has determined that her project is _____. a. bi-lateral b. complex

Description : Michelle has decided to use a shortcut to determine the complexity of the project she  is currently managing. She has assigned the adjusted project complexity (PCA) a value  of .65. She has determined that ... _____.  a. bi-lateral  b. complex c. microconvergent  d. normal  e. very simple

Last Answer : e. very simple

When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____. a. data communications, time tradeoffs, and estimated effort b. end-user efficiency, data communications, and reusability c. performance and programming language d. reports printed and PCA e. x-rays, extensibility, and operational conversion

Description : When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.  a. data communications, time tradeoffs, and ... programming language  d. reports printed and PCA  e. x-rays, extensibility, and operational conversion

Last Answer : b. end-user efficiency, data communications, and reusability

. A normal system with 400 unadjusted function points would have _____ adjusted function points when the shortcut method is use to determine a. 200 b. 260 c. 400 d. 540 e. 600the complexity of the project.

Description : . A normal system with 400 unadjusted function points would have _____ adjusted  function points when the shortcut method is use to determine the complexity of the  project.

Last Answer : c. 400

. When estimating project time schedules using industry standards, the estimated project completion time for a systems project would be _____ person-months if the actual planning phase were completed in 6 person-months. a. 30 b. 40 c. 17.14 d. 9 e. 50

Description : . When estimating project time schedules using industry standards, the estimated  project completion time for a systems project would be _____ person-months if the actual  planning phase were completed in 6 person-months.  a. 30  b. 40  c. 17.14  d. 9  e. 50

Last Answer : b. 40

Function points are used to measure the estimated _____ of a project. a. complexity b. effort required c. program size d. time required

Description : Function points are used to measure the estimated _____ of a project.  a. complexity  b. effort required  c. program size  d. time required

Last Answer : c. program size

The process of assigning values for the time and effort needed to perform a system project is called _____. a. analysis b. estimation c. identifying d. planning

Description : The process of assigning values for the time and effort needed to perform a system  project is called _____.  a. analysis  b. estimation  c. identifying  d. planning

Last Answer : b. estimation

Project managers can develop task lists for a project with the help of _____. a. established methodologies b. system proposals c. system requests d. user application hardware e. user requirements

Description : Project managers can develop task lists for a project with the help of _____.  a. established methodologies  b. system proposals  c. system requests  d. user application hardware  e. user requirements

Last Answer : a. established methodologies

To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

Description : To identify the tasks for a work plan the project manager can _____.  a. control and direct the project  b. estimate the size, staff the project, and remember technical skills  c. establish a ... of the SDLC and the steps that occur in each  e. set conservative numbers for the project software

Last Answer : d. list the four phases of the SDLC and the steps that occur in each

The _____ is a dynamic schedule that logs and monitors all of the tasks that need to be accomplished for the length of the project. a. margin of error b. project mand. timebox e. work planager c. project objective

Description : The _____ is a dynamic schedule that logs and monitors all of the tasks that need to be  accomplished for the length of the project.  a. margin of error  b. project manager  c. project objective d. timebox  e. work plan

Last Answer : e. work plan

The three steps of project management are _____. a. controlling the project, directing the project, and creating the work plan b. creating the work plan, staffing the project, and controlling and directing the project c. directing the project, creating the work plan, and naming the tasks d. naming the tasks, creating the work plan, and completing the deliverables e. setting the start date, estimating the time, and reading the actual time

Description : The three steps of project management are _____. a. controlling the project, directing the project, and creating the work plan  b. creating the work plan, staffing the project, and controlling ... the deliverables  e. setting the start date, estimating the time, and reading the actual time

Last Answer : b. creating the work plan, staffing the project, and controlling and directing the  project

A critical success factor for project management is to _____. a. create a work plan b. follow the three steps of project management c. identify most project tasks d. manage the hundreds of tasks

Description : A critical success factor for project management is to _____.  a. create a work plan  b. follow the three steps of project management  c. identify most project tasks  d. manage the hundreds of tasks

Last Answer : e. start with a realistic assessment of the work

The most significant challenge to project managers is _____. a. lack of project management training b. no one really understands how to manage a complex systems development project c. the lack of tools that can assist in controlling project progress d. unrealistic schedule demands by project sponsors

Description : The most significant challenge to project managers is _____.  a. lack of project management training  b. no one really understands how to manage a complex systems development project  ... tools that can assist in controlling project progress  d. unrealistic schedule demands by project sponsors

Last Answer : d. unrealistic schedule demands by project sponsors

_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. a. Project management b. Symantic timeline c. Task identification d. Time estimation e. Work plan

Description : _____ is the process of planning and controlling the development of a system within a  specified time frame at a minimum cost with the right functionality.  a. Project management  b. Symantic timeline  c. Task identification  d. Time estimation  e. Work plan

Last Answer : a. Project management

Project Management focuses on _____ goals.(A) targeted (B) long-term (C) tangible (D) intangible

Description : Project Management focuses on _____ goals. (A) targeted (B) long-term (C) tangible (D) intangible

Last Answer : (A) targeted

The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning(C) execution (D) closure

Description : The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning (C) execution (D) closure

Last Answer : (A) initiation

. If any one factor of a project changes, _____ other factor(s) is/are likely to be affected. (A) all (B) one (C) at least one (D) at most one

Description : . If any one factor of a project changes, _____ other factor(s) is/are likely to be affected. (A) all (B) one (C) at least one (D) at most one

Last Answer : (C) at least one

. The PERT in project management means program evaluation and _____ technique. (A) resource (B) reconciliation(C) reconsideration (D) review

Description : . The PERT in project management means program evaluation and _____ technique. (A) resource (B) reconciliation (C) reconsideration (D) review

Last Answer : (D) review

Under a conservative financing policy a firm would use long-term financing to finance some of the temporary current assets. What should the firm do when a "dip" in temporary current assets causes total assets to fall below the total long-term financing? A. Use the excess funds to pay down long-term debt. B. Invest the excess long-term financing in marketable securities. C. Use the excess funds to repurchase common stock. D. Purchase additional plant and equipment.

Description : Under a conservative financing policy a firm would use long-term financing to finance some of the temporary current assets. What should the firm do when a "dip" in temporary current assets causes ... C. Use the excess funds to repurchase common stock. D. Purchase additional plant and equipment.

Last Answer : B. Invest the excess long-term financing in marketable securities.

Permanent working capitalA. varies with seasonal needs B. includes fixed assets C. is the amount of current assets required to meet a firm's long-term minimum needs D. includes accounts

Description : Permanent working capital A. varies with seasonal needs B. includes fixed assets C. is the amount of current assets required to meet a firm's long-term minimum needs D. includes accounts

Last Answer : C. is the amount of current assets required to meet a firm's long-term minimum needs

Identify the incorrect statement in connection with working capital management. A. Long-term funds are more expensive than short-term funds but also riskier B. The objectives of working capital management are profitability and liquidity C. Permanent current assets should be financed from long-term sources if a moderate or matching policy is adopted D. Conservative financing policies use short-term funds to finance only part of fluctuating current assets E. Aggressive financing policies increase profitability at the cost of higher risk

Description : Identify the incorrect statement in connection with working capital management. A. Long-term funds are more expensive than short-term funds but also riskier B. The objectives of ... fluctuating current assets E. Aggressive financing policies increase profitability at the cost of higher risk

Last Answer : A. Long-term funds are more expensive than short-term funds but also riskier

Which of the following would be consistent with an aggressive approach to financ ing working capital? A. Financing short-term needs with short-term funds. B. Financing permanent inventory buildup with long-term debt. C. Financing seasonal needs with short-term funds. D. Financing some long-term needs with short-term funds

Description : Which of the following would be consistent with an aggressive approach to financ ing  working capital? A. Financing short-term needs with short-term funds. B. Financing permanent inventory buildup with ... needs with short-term funds. D. Financing some long-term needs with short-term  funds

Last Answer : D. Financing some long-term needs with short-term  funds.

The basic capital budgeting principles involved in determining relevant after-tax incremental operating cash flows require us to . A. include sunk costs, but ignore opportunity costs B. include opportunity costs, but ignore sunk costs C. ignore both opportunity costs and sunk costs D. include both opportunity and sunk costs

Description : The basic capital budgeting principles involved in determining relevant after-tax incremental operating cash flows require us to . A. include sunk costs, but ignore opportunity costs B. include ... C. ignore both opportunity costs and sunk costs D. include both opportunity and sunk costs

Last Answer : B. include opportunity costs, but ignore sunk costs

Magnetic field can be produced by using A. permanent magnet B. electric current C. temporary magnet D. both A and B

Description : Magnetic field can be produced by using A. permanent magnet B. electric current C. temporary magnet D. both A and B

Last Answer : permanent magnet

The relief and order is issued by civil court has been categorized in a) Temporary orders b) Final orders c) Permanent orders d) Both A & B

Description : The relief and order is issued by civil court has been categorized in  a) Temporary orders b) Final orders c) Permanent orders d) Both A & B

Last Answer : d) Both A & B

Zeolite removes both temporary as well as permanent hardness of water by precipitating calcium and magnesium present in water as insoluble zeolites. Used zeolite is regenerated by flushing with the solution of (A) Calcium sulphate (B) Sodium chloride(C) Sodium sulphate(D) Magnesium chloride

Description : Zeolite removes both temporary as well as permanent hardness of water by precipitating calcium and magnesium present in water as insoluble zeolites. Used zeolite is regenerated by flushing with the solution of (A) Calcium sulphate (B) Sodium chloride (C) Sodium sulphate (D) Magnesium chloride

Last Answer : (B) Sodium chloride

Which of the following processes can remove both temporary as well as permanent hardness of water? (A) Filtration (B) Boiling (C) Distillation (D) None of these

Description : Which of the following processes can remove both temporary as well as permanent hardness of water? (A) Filtration (B) Boiling (C) Distillation (D) None of these

Last Answer : (C) Distillation

Closing entries are necessary for a. permanent accounts only. b. temporary accounts only. c. both permanent and temporary accounts. d. permanent or real accounts only.

Description : Closing entries are necessary for a. permanent accounts only. b. temporary accounts only. c. both permanent and temporary accounts. d. permanent or real accounts only.

Last Answer : b. temporary accounts only.