Description : The technical feasibility aspect of a project relates to the earning capacity of the project. (True/False)
Last Answer : Ans. False
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 : 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 : 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
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
Description : It is often difficult to estimate size at an early stage in a project when only a specification is available a) True b) False
Last Answer : a) True
Description : Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis
Last Answer : d. Risks are identified with each major group of activities.
Description : Estimates from the planning stage will need to be refined as the project progresses, because it is virtually impossible to develop an exact assessment of the project’s schedule before the analysis and design phases are conducted.
Last Answer : Ans: True
Description : You are the project manager for a cable service provider. Your project team is researching a new service offering. They have been working together for quite some time and are in the performing ... will start all over again at the storming stage but quickly progress to the performing stage.
Last Answer : C. The team will start all over again with the forming stage.
Description : State True or False. 1. Term of reference is the final output of Feasibility Study 2. Design specification report is the final output of System Analysis A) 1-true, 2-true B) 1-false, 2-true C) 1-true, 2-false D) 1-false, 2-false
Last Answer : A) 1-true, 2-true
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)
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 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
Description : The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes ... Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning
Last Answer : C. Qualitative Risk Analysis
Description : A process that involves continuously improving and detailing a plan as more detail become available is termed as (A) project analysis (B) project enhancing (C) progressive deliberation (D) progressive elaboration
Last Answer : (D) progressive elaboration
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
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 : 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 : 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 : Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report. A. Analysis B. Recommendation C. lessons learned D. financial feasibility
Last Answer : A. Analysis
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.
Last Answer : B.Feasibility analysis.
Description : ____________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology. A. Techno-economic analysis. B. Feasibility analysis. C. Input analysis. D. Financial analysis.
Last Answer : A. Techno-economic analysis.
Description : You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following statements is true? ... stage of Develop Project Team. D. They are in the forcing stage of Develop Project Team.
Last Answer : B. They are in the norming stage of Develop Project Team.
Description : The purpose of the analysis is to examine the desirability of investing in pre-investment studies. (True/False)
Description : Project management 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. Ans: True
Description : During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, ... upon historical data used for the project. 4. Senior management predefines the budget constraints.
Last Answer : 1. The assumptions will be considered as true, real, or certain.
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 *
Last Answer : d) All the above
Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis
Last Answer : c. Perform Qualitative risk analysis
Description : The output of problem definition stage is …………….. A) Master Development Plan B) Terms of reference C) Feasibility report D) Final product
Last Answer : B) Terms of reference
Description : Project managers have to assess the risks that may affect a project. a) True b) False
Last Answer : b) False
Description : The Project Leader is the person responsible for the overall project. (True/False)
Description : Project leader role will require an individual with strong management skills. (True/False)
Last Answer : ns. True
Description : . A project leader or manager is expected to be completely accountable for his team members and meeting the team’s targets. (True/False)
Description : The purpose of project planning is to identify various areas of the project work and the influencing factors, and subsequently define the boundaries of the project performance. (True/False)
Description : The players in project management are the individuals and the organisations. (True/False)
Description : The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)
Description : The function of project initiation is to describe all the parameters of a project and establish the suitable project management and excellence environment necessary to complete the project. (True/False)
Description : Scope, cost, and schedule are some of the parameters used for project negotiation. (True/False)
Description : Project management provides the project managers and team members with the principles they require to effectively meet the needs of the customer. (True/False)
Description : The most important problem faced in the implementation phase of a project is a delay in execution. (True/False)
Description : Project closure involves releasing the final product to the customer, handing over the project documentation, manuals, source code, and network layouts. (True/False)
Description : Project management is a rationally planned and organised effort to achieve a specific goal. (True/False)
Description : Project Integration Management ensures that various elements of a project are properly integrated and coordinated for smooth flow of information and resources. (True/False)
Description : Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)
Description : Project management is the job of organising, coordinating, and controlling the various tasks and resources in order to successfully complete a project. (True/False
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)