Feasibility study determines ----------------- 

A.Whether the project is possible with resources 

B.Comparing the project with world class manufacturing norms

C.Calculate the cost crashing each unit 

D.Add duration to each unit

1 Answer

Answer :

A.Whether the project is possible with resources

Related questions

Description : Project crashing is the method for -------------  A. Shortening the project duration by reducing the time of one or more critical  activities  B.Adding resources at critical points  C.Doing technical analysis of the finished work for review  D.Adding duration to each activity

Last Answer : A. Shortening the project duration by reducing the time of one or more critical  activities

Description : A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.

Last Answer : a. gate review.

Description : A review undertaken to decide whether a project should proceed into its next phase is known  as a:  a. gate review.  b. feasibility study.  c. milestone review.  d. evaluation review.

Last Answer : a. gate review.

Description : You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D ... .  A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Last Answer : A. Crashing

Description : Which one of the following is the objective in crashing? (a) Reduction in duration (b) Reduction in resources (c) Reduction in cost (d) Reduction in project size

Last Answer : (c) Reduction in cost

Description : Which of the following activity is undertaken immediately after feasibility study and before  the requirement analysis and specification phase? A. Project Planning B. Project Monitoring C. Project Control D. Project Scheduling

Last Answer : A. Project Planning

Description : In Project crashing, rent and overheads are treated as  A.Significant Cost  B.Insignificant costs  C.Direct Costs  D.Indirect Costs

Last Answer : D.Indirect Costs

Description : A critical path network diagram does NOT: A. Help determine the amount of float B. Identify the particularly important activities C. Calculate earned value D. Calculate the duration of the whole project

Last Answer : C. Calculate earned value

Description : Fill in the blanks. It is during the ______________ phase that the decision should be  made regarding whether the project should continue. During this phase, ____________  must be considered and weighed ... . closeout, resources c. execution, performance d. planning, timing e. initiation, risk

Last Answer : e. initiation, risk

Description : Fill in the blank. Crashing refers to when the task duration’s are __ along the  critical path to meet the project completion date. Select one: a. scope creep b. floated c. slack d. compressed e. expedited

Last Answer : d. compressed

Description : The technical feasibility aspect of a project relates to the earning capacity of the project.  (True/False)

Last Answer : Ans. False

Description : Feasibility analysis is the first stage in the process of project development. (True/False)

Last Answer : Ans. True

Description :  Once the logic of a network is laid out, the project manager will conduct a forward  pass and a backward pass through the network. This will provide information regarding  ______ and will identify ... C. Resource shortages, high risk activities D. The high risk activities, non-critical path

Last Answer : A. The total duration of the project, critical path

Description : Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan. d. sub-contractor’s responsibilities.

Last Answer : a. overall project duration.

Description : During project estimation, project manager estimates following A. project cost B. project duration C. project effort D. all of the above

Last Answer : D. all of the above

Description : In Project Management, the end users and developers require to know the a. cost of the project, b. duration c. Length d. All the above

Last Answer : d. All the above

Description : Scheduling can best be defined as the process used to determine:  a. overall project duration.  b. project cost estimating.  c. the project management plan.

Last Answer : a. overall project duration.

Description : Earned value management integrates scope, cost, and schedule measures to:  A. assess project performance and progress.  B. develop a preliminary budget. C. assess communication effectiveness among project team members. D. assess whether all requirements were met.

Last Answer : A. assess project performance and progress.

Description : Karen is studying the potential for selling her company's products in China. As part of her analysis, she is assessing the number, types and availability of wholesalers and retailers. Karen is ... C. Social and cultural norms D. Distribution structure E. Legal and political constraints

Last Answer : D. Distribution structure

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

Description : Political unrest, budget overruns, size and complexity of the project  Answer: B  (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected ... and the associated events  4. A flow chart which determines the standard deviation of the risk event

Last Answer : 3. An illustration of how to see the interactions between decisions and the associated events

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

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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

Description : Which of the following is true about management meetings? Select one: a. They are short meetings to develop a common understanding of what the short-term  priorities are for the project. ... , tracking progress of existing plans, and  making adjustments to plans in response to new information.

Last Answer : e. They are oriented toward developing plans, tracking progress of existing plans, and  making adjustments to plans in response to new information.

Description : In case of the indivisible projects, which of the following may not give the optimum result? A. Internal Rate of Return B. Profitability Index C. Feasibility Set Approach D. All of the above

Last Answer : C. Feasibility Set Approach

Description : In the time-cost optimisation, using CPM method for network analysis, the crashing of the activities along the critical path is done starting with the activity having (A) Longest duration (B) Highest cost slope (C) Least cost slope (D) Shortest duration

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Description : One of the reasons a project life cycle is split into phases is to: a. facilitate formal go/no-go decision making during the project. b. balance the costs of work in each phase of ... the major deployments of resources throughout the project. d. chunk work into time periods of similar durations.

Last Answer : a. facilitate formal go/no-go decision making during the project.

Description : One of the reasons a project life cycle is split into phases is to:  a. facilitate formal go/no-go decision making during the project.  b. balance the costs of work in each phase ... the major deployments of resources throughout the project.  d. chunk work into time periods of similar durations.

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Description : Following is(are) the responsibility(ies) of the project manager. (A) Budgeting and cost control (B) Allocating resources (C) Tracking project expenditure

Last Answer : (C) Tracking project expenditure

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Last Answer : Ans. True

Description : Following is(are) the responsibility(ies) of the project manager. (A)Budgeting and cost control (B)Allocating resources (C)Tracking project expenditure (D)All of the above

Last Answer : (D)All of the above

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Description : _____________ is primarily concerned with the identification, qualification and evaluation of the project resources. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.

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Description : Risk, as it relates to working capital, means that there is jeopardy to the firm for not  maintaining sufficient current assets to . A. meet its cash obligations as they occur and take advantage ... above industry norms E. meet its cash obligations as they occur and support the proper level of

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Description : Investigation for important bridges may be carried out in which stage a) Technical feasibility study (reconnaissance survey) b) Techno-economic feasibility study (preliminary engineering survey) c) Detailed survey and project report stage (final location survey) d) All the above *

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Description : In tracking, reporting and controlling, the process engage whether the project results are in accordance with a. project plans b. performance specification c. both a, b d. none of the above

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Description : A company is considering investing surplus funds in a project. Calculate the NPV at  10 % discount rate for the following data  Project-A Year 0- (100) Year 1-100 Year 2-100  A. 73.5  B. 173.5  C. 273.5  D.100

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Description : Jim Smith, the project manager for a high-profile project, has permitted the users to  add additional features to the systems project. The schedule and costs are now running  over. This project suffers from poor standards.

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Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A) Technical key resources (B) Work key structure (C) Work Breakdown Structure (WBS). (D) None of the above

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Description : Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. ... d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

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Description : Which one of the following statements best defines procurement? a. A technique to establish the best approach for obtaining the resources for the project. b. A group of interrelated resources and ... product. d. The process by which products and services required for the project are acquired.

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Description : Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations

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Description : Which of these is not one of the constraints of a project? a. Scope b. Resources c. Team d. Budget

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Description : Shauna has recently been appointed as a project manager for Project SkyNorth,  which is regarded as an important project in her organization. During the project  planning meeting, ... b. Matrix organization c. Functional organization d. Projectized organization e. Hierarchical organization

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Description : According to the PMBOK guide which of the following statements is right in terms  of using reserve analysis to determine a project budget ? a. Reserve analysis always plans contingency reserves ... not practical. e. Contingency reserves have never been a concern when planning a project budget.

Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and  project costs, which are part of your project budget.

Description : According to the PMBOK guide, which of the following statements is  right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans ... not practical. E. Contingency reserves have never been a concern when planning a project budget.

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