Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle
Last Answer : (A) Project
Description : ____ is a continuous and repetitive process involving screening, documentation, validation, ranking and approval of viable project ideas for an organization.
Last Answer : Ans. Project identification
Description : Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.
Last Answer : Ans. Project processes, process groups, customisation
Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above
Last Answer : (B) Normal distribution curve.
Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team
Last Answer : Ans. Project Manager
Description : In ____ style, project manager shares his or her vision with the team but permits them to use their respective ideas to come up with a solution.
Last Answer : Ans. Authoritative
Description : In large organisations, project management shall be of line type function where the project manager shall have ____ and has total formal control over the division he or she heads
Last Answer : Ans. Full line authority
Description : In the matrix-type organisation, ____ provide the resources needed and the ____ is responsible for the project results.
Last Answer : Ans. The functional managers, project manager
Description : ____ is the most common type of project organisation.
Last Answer : Ans. Matrix-type organisation
Description : ____ is a significant facet of project management.
Last Answer : Ans. Project planning
Description : If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.
Last Answer : Ans. Scoping
Description : Subsequent to preparing ____, the team plans the project schedule and budget
Last Answer : Ans. Work Breakdown Structure
Description : Project planning involves three processes:____ review, and __
Last Answer : Ans. Identification, analysis
Description : The ____ of project closeout the assessment is to document the best practices and lessons learned for use on future projects.
Last Answer : Ans. Primary purpose
Description : ____ is where most of the resources are applied/expended on the project.
Last Answer : Ans. Project execution and control
Description : The project team documents its charge in the form of a ____, which is based on the project proposal and business case
Last Answer : Ans. Project charter
Description : In the ____ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.
Last Answer : Ans. Screening
Description : Various choices of ____ that are available for constructing and developing the project should be examined.
Last Answer : Ans. Techniques
Description : ____ of a project should be clearly defined, measurable, and achievable.
Last Answer : Ans. Objectives
Description : Life cycle of a project manager ____ with the development life cycle.
Last Answer : Ans. Overlaps
Description : The ____ manages the four basic elements of a project: resources, time, money, and scope
Description : In the ____ phase of the project life cycle the work gains momentum.
Last Answer : Ans. Quick Momentum
Description : A ____ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.
Last Answer : Ans. Rational order
Description : A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included
Last Answer : (D) all above are included
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.
Last Answer : d. The process by which products and services required for the project are acquired.
Description : Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude
Last Answer : b. change management process.
Description : )Quality costs include : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services. 2. Only costs classified as prevention, detection and ... rework due to defects, customer returns and warranty costs. 4. The expense of upper management
Last Answer : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services.
Description : Having defined working capital as current assets, it can be further classified according to . A. financing method and time B. rate of return and financing method C. time and rate of return D. components & time
Last Answer : D. components & time
Description : In corporate costs, cost incurred to finance construction of new equipment are classified as A. treasury costs B. discretionary costs C. human resource management costs D. corporate administration costs
Last Answer : A. treasury costs
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
Last Answer : (C) Work Breakdown Structure (WBS).
Description : Developing a technology is an example of (A) Process (B) Project (C) Scope (D) All of the above
Last Answer : (B) Project
Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.
Last Answer : a. identify project risks and then manage them appropriately.
Description : Which one of the following statements best describes the use of an issue log? a. A summary of all possible alternative resolutions of an issue. b. A summary of all the project issues, their ... for capturing all issues. d. A tool to ensure that the issue management process is adhered to.
Last Answer : b. A summary of all the project issues, their analysis and status.
Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options. b. ensure ... the project. d. document the outcome of the risk, change and configuration management processes.
Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the project.
Description : Once a change has been requested what is the next step in the change control process? a. Evaluate the change. b. Advise the sponsor. c. Update the change log. d. Update the project plan.
Last Answer : a. Evaluate the change.
Description : . The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.
Last Answer : a. quality assurance.
Description : The main outcome of risk identification, in a risk management process, is to: a. identify and determine the relative importance of the project risks. b. identify and describe all risks that ... responses to the project risks. d. identify and describe risks that have occurred on previous projects.
Last Answer : b. identify and describe all risks that might occur on the project.
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 : Which of the following is the most important element of Project Management Plan that is useful in HR Planning process: A. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities
Last Answer : C. Activity Resource requirements
Description : Quality planning is the process of developing a quality plan for a) team b) project c) customers d) project manager
Last Answer : b) project
Description : The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned
Last Answer : c) Project Management Life Cycle
Description : Which of the following is true about a project manager? Select one: a. Project managers analyze work processes and explore opportunities to make improvements. b. Project managers are focused ... . d. Project managers are goal oriented. e. Project managers standardize the work processes.
Last Answer : d. Project managers are goal oriented.
Description : During a new project planning process to sequence activities, the project manager, Nate, decides to use the precedence diagraming method to show the identified activity dependencies. Which of the following logical ... -finish c. Finish-to-finish d. Start-to-start e. All of these answers
Last Answer : b. Start-to-finish
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 : When a project manager starts to plan a new project budget, the cost of which project management process group is expected to be lowest? Select one: a. Initiating b. Executing c. Monitoring and controlling d. Closing e. Planning
Last Answer : d. Closing
Description : While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path
Last Answer : c. Control chart
Description : The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)
Last Answer : Ans. True