study focuses on answering the essential questions such as; should we proceed with the proposed project idea? What are the benefits and drawbacks of the proposed project idea?

study focuses on answering the essential questions such as; should we proceed with

the proposed project idea? What are the benefits and drawbacks of the proposed project 

idea?
by

1 Answer

Answer :

Ans. Pre-feasibility
by

Related questions

This set of Software Engineering Multiple Choice Questions & Answers (MCQs) focuses on “Project Management”. 1. Which of the following is not project management goal? a) Keeping overall costs within budget b) Delivering the software to the customer at the agreed time c) Maintaining a happy and well-functioning development team d) Avoiding customer complaints

Description : This set of Software Engineering Multiple Choice Questions & Answers (MCQs) focuses on Project  Management . 1. Which of the following is not project management goal? a) Keeping overall ... agreed time c) Maintaining a happy and well-functioning development team d) Avoiding customer complaints

Last Answer : d) Avoiding customer complaints

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.

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.

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.

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.

Which of the following statements about risk is true? Select one: a. Project risk focuses on identifying, assessing, and eliminating the risks on the project. b. Risk management is all about eliminating risk. c. Project risk is an uncertain event that, even if it occurs, has no effect on project objectives. d. There are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk

Description : Which of the following statements about risk is true? Select one: a. Project risk focuses on identifying, assessing, and eliminating the risks on the project. b. Risk management is all ... are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk

Last Answer : d. There are no risk-free projects.

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Effective project management focuses on the four P’s. What are those four P’s? a. People, performance, payment, product b. People, product, process, project c. People, product, performance, project d. All of the above.

Description : Effective project management focuses on the four P’s. What are those  four P’s? a. People, performance, payment, product b. People, product, process, project c. People, product, performance, project d. All of the above.

Last Answer : b. People, product, process, project

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

What is a cash flow table in project management? A. A table portraying inflow of cash in a project B. A table portraying outgoing expenses of a project C. It is the tool that is used to study such cash flows by breaking inflows and outflows down, usually on a monthly basis D. A table portraying debts taken for a project

Description : What is a cash flow table in project management?  A. A table portraying inflow of cash in a project  B. A table portraying outgoing expenses of a project  C. It is the tool that is used ... inflows and  outflows down, usually on a monthly basis  D. A table portraying debts taken for a project

Last Answer : C. It is the tool that is used to study such cash flows by breaking inflows and  outflows down, usually on a monthly basis

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

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

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

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organisation to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as:  a. control in the implementation of changes to project schedules.  b. an organisation to review proposed changes to the project deliverables ... and documentation.  d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Listing goals of each existing and proposed project is first step in A. Data Collection B. Establishment of Project council C. Prioritizing the projects D. Identification of project categories

Description : Listing goals of each existing and proposed project is first step in A. Data Collection B. Establishment of Project council C. Prioritizing the projects D. Identification of project categories

Last Answer : D. Identification of project categories

Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Description : Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Last Answer : C. Project selection

)The process control charts are used: 1. to graph what typically focuses on the prevention of a problem 2. to detect the problem 3. to reject the problem 4. to determine the acceptability of the same

Description : )The process control charts are used: 1. to graph what typically focuses on the prevention of a problem  2. to detect the problem  3. to reject the problem  4. to determine the acceptability of the same

Last Answer : 1. to graph what typically focuses on the prevention of a problem

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

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

Last Answer : (B) long-term

Project management includes the tools, techniques, and essential to deal with the growth of products a. Knowledge b. Skill c. Attitude d. Confidence

Description : Project management includes the tools, techniques, and essential to  deal with the growth of products a. Knowledge b. Skill c. Attitude d. Confidence

Last Answer : a. Knowledge

The project closing process is essential to overall project planning. What is considered one of the most important steps in closing the project? 1. Insuring that plans are produced to implement the project by phases. 2. Issuing work orders so that financial data can be collected. 3. Transition the lease of equipment to the owner 4. Satisfying the contractual obligations

Description : The project closing process is essential to overall project planning. What is considered one of  the most important steps in closing the project? 1. Insuring that plans are produced to implement ... .  3. Transition the lease of equipment to the owner  4. Satisfying the contractual obligations

Last Answer : 4. Satisfying the contractual obligations

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

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

Feasibility study determines ----------------- A.Whether the project is possible with resources B.Comparing the project with world class manufacturinC.Calculate the cost crashing each unit D.Add duration to each unitg norms

Description : 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

Last Answer : A.Whether the project is possible with resources

Select a journal article that involves a statistical study, and write a paper answering the following questions.(a) Is the study descriptive or inferential Explain your answer. (5 marks?

Description : Select a journal article that involves a statistical study, and write a paper answering the following questions.(a) Is the study descriptive or inferential Explain your answer. (5 marks?

Last Answer : Select a journal article that involves a statistical study, and write a paper answering the following questions.(a) Is the study descriptive or inferential? Explain your answer. (5 marks

Which of the following is true about management meetingc. They are purely fact-based meetings with a left-brain type focus. d. They have very little dialogue except to ask clarification questions. e. They are oriented toward developing plans, tracking progress of existing plans, and making adjustments to plans in response to new information.s? Select one: a. They are short meetings to develop a common understanding of what the short-term priorities are for the project. b. They focus on short-term activities, usually less than a week in duration.

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.

How the project work will be carried out, monitored, and controlled? These questions are answered in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Description : How the project work will be carried out, monitored, and controlled? These questions are  answered in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Last Answer : (B) Planning

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. It advocates employing a consultancy firm which specializes in managing change. c. It recommends using only highly skilled people in the project team. d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

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.

Last Answer : a. It utilizes resources as and when required under direction of a project manager.

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realized.

Description : When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project ... must be disposed of. d. the capability is now in place for the benefits to be realized.

Last Answer : d. the capability is now in place for the benefits to be realized.

. 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.

. A project is typically defined in terms of scope, time, cost and which other parameter? a. Benefits. b. Quality. c. Tolerance. d. Controls.

Description : . A project is typically defined in terms of scope, time, cost and which other parameter? a. Benefits. b. Quality. c. Tolerance. d. Controls.

Last Answer : b. Quality.

Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to enable benefits to be realised. c. to take ultimate accountability for the delivery of the business benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Description : Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to ... benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Last Answer : b. to deliver the project objectives to enable benefits to be realised.

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realised.

Description : When a project has completed the handover and closure phase:  a. the project deliverables are ready for commissioning.  b. the project deliverables are ready for handing over to the users.  c. the ... must be disposed of.  d. the capability is now in place for the benefits to be realised.

Last Answer : d. the capability is now in place for the benefits to be realised.

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.

A project is typically defined in terms of scope, time, b. Quality. c. Tolerance. d. Controls.cost and which other parameter? a. Benefits.

Description : A project is typically defined in terms of scope, time, cost and which other parameter?  a. Benefits. b. Quality.  c. Tolerance.  d. Controls.

Last Answer : b. Quality.

Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to enable benefits to be realised. c. to take ultimate accountability for the delivery of the business benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Description : Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time.  b. to deliver the project objectives to ... benefits.  d. to delegate all accountability for managing time, cost and quality to team leaders.

Last Answer : b. to deliver the project objectives to enable benefits to be realised.

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users?  a. Providers of both strategic and tactical direction to the project.  b. Those intended to receive benefits or operate outputs.  c. ... of an appropriate issue resolution procedure.  d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

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 greater than zero C. The project's NPV is greater than 1 D. The project returns 92 cents in present value for each current rupee invested (cost)

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

The estimated benefits from a capital budgeting project are expected as cash flows rather than income flows because . A. it is more difficult to calculate income flows than cash flows B. it is cash, not accounting income, that is central to the firm's capital budgeting decision C. this is required by the accounting profession

Description : The estimated benefits from a capital budgeting project are expected as cash flows rather than income flows because . A. it is more difficult to calculate income flows than cash flows B. it ... is central to the firm's capital budgeting decision C. this is required by the accounting profession

Last Answer : B. it is cash, not accounting income, that is central to the firm's capital budgeting decision

What Are The Benefits Of Risk Management In The Context Of Project Management?

Description : What Are The Benefits Of Risk Management In The Context Of Project Management?

Last Answer : The benefit of risk management is to increase the likelihood that the project will be completed successfully by ensuring levels of risk and uncertainty in the project is properly managed. It enables ... risks, the manner in which they can be contained and the likely cost of mitigation strategies.

The planning and scoping should be such that the project manager can assess every stage of the project and the quality of the deliverable of the project at every stage. (True/False)

Description : The planning and scoping should be such that the project manager can assess every  stage of the project and the quality of the deliverable of the project at every stage. (True/False)

Last Answer : Ans. True

The activities that make up the project are not simple, repetitive acts, such as mowing the lawn, painting the house, washing the car, or loading the delivery truck. a. They are complex b. They are simple c. Different d. Same

Description : The activities that make up the project are not simple, repetitive  acts, such as mowing the lawn, painting the house, washing the car, or loading the delivery truck. a. They are complex b. They are simple c. Different d. Same

Last Answer : a. They are complex

The work plan records and keeps track of all of the tasks that need to be accomplished over the life of the project, listing each task, along with important information about it, such as when it needs to be completed, the person assigned to do the work, and any deliverables that will result.

Description : The work plan records and keeps track of all of the tasks that need to be accomplished  over the life of the project, listing each task, along with important information about it,  such as when it needs to be completed, the person assigned to do the work, and any  deliverables that will result.

Last Answer : Ans: True

Approximately what percentage of the project manager's time is spent in some form of communication, such as: conferences, meetings, writing memos, reading and preparing reports, and talking with project team members, upper management, and all other stalk holders? 1. 10-20% 2. 50-70% 3. 75-90% 4. 21-45%

Description : Approximately what percentage of the project manager's time is spent in some form of  communication, such as: conferences, meetings, writing memos, reading and preparing reports, and talking with project  team members, upper ... other stalk holders? 1. 10-20%  2. 50-70%  3. 75-90%  4. 21-45%

Last Answer : 3. 75-90%

______________ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds. A. Project formulation. B. Project evaluation. C. Project appraisal . D. Project Design.

Description : ______________ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds. A. Project formulation. B. Project evaluation. C. Project appraisal . D. Project Design.

Last Answer : C. Project appraisal .

The definition and use of configuration management standards is essential for quality certification in a) ISO 9000 b) CMM c) CMMI d) All of the mentioned

Description : The definition and use of configuration management standards is  essential for quality certification in a) ISO 9000 b) CMM c) CMMI d) All of the mentioned

Last Answer : d) All of the mentioned

A cost performance index (CPI) of 0.89 means: A. At this time, we expect the total project to cost 89 percent more than planned B. When the project is completed we will have spent 89 percent more than planned C. The project is only progressing at 89 percent of the rate planned D. The project is only getting 89 cents out of every dollar invested

Description : A cost performance index (CPI) of 0.89 means:  A. At this time, we expect the total project to cost 89 percent more than planned  B. When the project is completed we will have spent 89 ... at 89 percent of the rate planned  D. The project is only getting 89 cents out of every dollar invested

Last Answer : D. The project is only getting 89 cents out of every dollar invested

What is the field of study that focuses on genes and their expression?

Description : What is the field of study that focuses on genes and their expression?

Last Answer : Feel Free to Answer

After looking at his data, Stefan focuses his study on understanding why people are behaving as they are. Which research orientation is he using?

Description : After looking at his data, Stefan focuses his study on understanding why people are behaving as they are. Which research orientation is he using?

Last Answer : Interpretive sociology

What are the benefits and drawbacks of letting your child skip a grade?

Description : What are the benefits and drawbacks of letting your child skip a grade?

Last Answer : My son skipped 4th grade - We have to pay college tuition one year early now. This is a weighty decision. I decided to let him decide. I was really worried he would not fit in. At that age it didn't ... uncertain, but I think we all did the best we could. What more can any parent or child hope for?.

What are the benefits/drawbacks of a dental implant?

Description : What are the benefits/drawbacks of a dental implant?

Last Answer : Benefits: permanence, more like natural teeth