Description : Feasibility analysis is the first stage in the process of project development. (True/False)
Last Answer : Ans. True
Description : Which of the following is not an aspect of appraisal of term loans by commercial banks? A. Financial feasibility. B. Technical feasibility. C. Economic feasibility. D. Societal feasibility.
Last Answer : D. Societal feasibility.
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 : 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 : 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 : Determining the policies that are needed for the smooth execution of a project relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common ... role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose
Last Answer : d. Developing role clarification on projects
Description : A is developed using historical cost information that relates some metric to the project cost. a) Algorithmic cost modelling b) Expert judgement c) Estimation by analogy d) Parkinson’s Law
Last Answer : a) Algorithmic cost modelling
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 : The process of preparing an inventory of skills needed for effective implementation of the project is called as ____________. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence.
Last Answer : D. Managerial competence.
Description : . A key aspect of managing a project involves: a. defining which operational systems to put in place. b. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives
Last Answer : d. planning to achieve defined objectives.
Description : What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project
Last Answer : e. Developing a project execution plan that matches the complexity level of the project
Description : What is a key aspect of Project Manger leadership? A. Great management skills B. Negotiation C. Creating a clear vision for the team to follow D. Time management
Last Answer : C. Creating a clear vision for the team to follow
Description : A key aspect of managing a project involves: a. defining which operational systems to put in place. b. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives.
Description : The chain of the activities is based on technical requirements, not on management................................... a) True b) False
Last Answer : a) True
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 : An Organizational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of communication ... . d. the reporting structure and lines of communication for all individuals in the projects.
Last Answer : d. the reporting structure and lines of communication for all individuals in the projects.
Description : Marco is an investor, and Jon is a project team member. Both have intensive technical background for the project that you are managing. However, recently they have disagreed on the next step to take ... b. Stakeholders c. The project team d. Investors e. The board of trustees of this company
Last Answer : c. The project team
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 : Boehm suggests an approach that addresses project objectives, milestones and schedules, responsibilities, management and technical approaches and required resources, This principle is called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.
Last Answer : c. W5HH principle
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 : 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
Description : Why is it important to understand your Stakeholders? A. They may work in a different department or company B. They may have different technical backgrounds C. They may not care about the project D. They can be a positive or negative influence on the project (Ans.)
Last Answer : D. They can be a positive or negative influence on the project (Ans.)
Description : An Organisational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of ... project. d. the reporting structure and lines of communication for all individuals in the projects.
Description : )The engineer of the project in the planning phase and makes a significant contribution to the technical scope. This is an example of what type of skill and knowledge? 1. Inherent 2. Stakeholder 3. Technical evaluation 4. Convergent thinking
Last Answer : 2. Stakeholder
Description : The most successful project manager usually: 1. works their way up from assistants in the project office to full-fledged project managers, supplementing that experience with formal ... . Has considerable experience as a functional manager before moving into the project management arena.
Last Answer : 1. works their way up from assistants in the project office to full-fledged project managers, supplementing that experience
Description : Quality control in the final analysis is : 1. using the technical procedures of monitoring project results to decide if the outputs meet the requirements 2. a production system 3. an inspection system 4. fitness for purpose
Last Answer : 1. using the technical procedures of monitoring project results to decide if the outputs meet the requirements
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 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 : The players in project management are the individuals and the organisations. (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)
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)
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
Description : Requirements Management has a high initial start-up cost but does not need ongoing funding throughout a project. a) True b) False