McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Management Studies (BMS) .
| 251. |
Supplier risk is highest with ___________. |
| A. | Cost plus incentives fee. |
| B. | Cost sharing. |
| C. | Firm fixed price contract. |
| D. | Fixed price plus incentives. |
| Answer» C. Firm fixed price contract. | |
| 252. |
You have just completed Qualitative Risk Analysis of the project. What should you be doing next? |
| A. | Plan Risk Management |
| B. | Perform Quantitative Risk Analysis |
| C. | Plan Risk Responses |
| D. | Control Risks |
| Answer» B. Perform Quantitative Risk Analysis | |
| 253. |
Risk Management Plan may include |
| A. | Budgeting, Timing, Thresholds, Methodology |
| B. | Risks, Triggers, Inputs to other processes |
| C. | Avoided, Transferred, Mitigated and Accepted Risks |
| D. | Risk Response Audits, Earned Value Analysis, Technical Performance Measurement |
| Answer» A. Budgeting, Timing, Thresholds, Methodology | |
| 254. |
Reserve analysis is NOT a Tool/Technique in which of the following processes? |
| A. | Cost Estimation |
| B. | Activity Duration estimation |
| C. | Cost Budgeting |
| D. | Activity Resource Estimation |
| Answer» D. Activity Resource Estimation | |
| 255. |
Which of the following is not a tool or technique used during the Risk Quantification Process? |
| A. | Risk Categorization |
| B. | Contingency planning |
| C. | Probability and Impact Matrix |
| D. | Risk Data Quality Assessment |
| Answer» B. Contingency planning | |
| 256. |
Risk management is responsibility of the |
| A. | Customer |
| B. | Investor |
| C. | Developer |
| D. | Project team |
| Answer» D. Project team | |
| 257. |
What is associated with product risk? |
| A. | Control of test item |
| B. | Negative consequences |
| C. | non-availability of test environment |
| D. | Test object |
| Answer» D. Test object | |
| 258. |
A ____________ is a temporary endeavor undertaken to create a unique product service or result. |
| A. | Assignment |
| B. | Product |
| C. | Research |
| D. | Project |
| Answer» D. Project | |
| 259. |
Assembling project team and assigning their responsibilities are done during which phase of a project management? |
| A. | Initiation |
| B. | Planning |
| C. | Execution |
| D. | Closure |
| Answer» A. Initiation | |
| 260. |
The basic nature of a project is a/an _____ one. |
| A. | permanent |
| B. | temporary |
| C. | (A) or (B) |
| D. | Both (A) and (B) |
| Answer» B. temporary | |
| 261. |
The structure of a project will vary depending on the _________to provide. |
| A. | benefits it is intended |
| B. | Structure |
| C. | Schedule |
| D. | Assignment |
| Answer» A. benefits it is intended | |
| 262. |
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 |
| Answer» D. progressive elaboration | |
| 263. |
A program is usually a group of |
| A. | plans |
| B. | people and work |
| C. | related projects |
| D. | unrelated projects |
| Answer» C. related projects | |
| 264. |
Which from the following statement(s) is/are NOT true?
|
| A. | I only |
| B. | II only |
| C. | III only |
| D. | II and III only |
| Answer» C. III only | |
| 265. |
Projects management is divided in _____ process groups. |
| A. | 5 |
| B. | 7 |
| C. | 9 |
| D. | 11 |
| Answer» A. 5 | |
| 266. |
____________are avoided by providing more tangible and objective results troughout the life cycle. |
| A. | Adversarial stakeholder relationship |
| B. | Documents |
| C. | Preview |
| D. | risk resolution |
| Answer» A. Adversarial stakeholder relationship | |
| 267. |
.If any one factor of a project changes, _____ other factor(s) is/are likely to be affected. |
| A. | all |
| B. | one |
| C. | at least one |
| D. | at most one |
| Answer» C. at least one | |
| 268. |
Business Value = |
| A. | Tangible Elements |
| B. | Intangible Elements |
| C. | Tangible Elements – Intangible Elements |
| D. | Tangible Elements + Intangible Elements |
| Answer» D. Tangible Elements + Intangible Elements | |
| 269. |
Which from the following is NOT a tangible element? |
| A. | Fixtures |
| B. | Trademarks |
| C. | Monetary assets |
| D. | Stockholder equity |
| Answer» B. Trademarks | |
| 270. |
A horizontal bar chart that shows project tasks against a calendar is called |
| A. | milestone |
| B. | goal |
| C. | Gantt chart |
| D. | PERT chart |
| Answer» C. Gantt chart | |
| 271. |
Which from the following represents the correct project cycle? |
| A. | Planning→Initiating→Executing→Closing |
| B. | Planning→Executing→Initiating→Closing |
| C. | Initiating→Planning→Executing→Closing |
| D. | Initiating→Executing→Planning→Closing |
| Answer» C. Initiating→Planning→Executing→Closing | |
| 272. |
The strategy used to correct resource over-allocations by balancing demand for resources and the available supply is known as |
| A. | resource assignment |
| B. | resource leveling |
| C. | resource splitting |
| D. | resource scheduling |
| Answer» B. resource leveling | |
| 273. |
The statistical tool that depicts a project’s tasks and the relationships between those tasks is known as |
| A. | milestone |
| B. | goal |
| C. | Gantt chart |
| D. | PERT chart |
| Answer» D. PERT chart | |
| 274. |
Which of the following is NOT a part of project management? |
| A. | initiating |
| B. | monitoring |
| C. | closing |
| D. | All above are parts |
| Answer» D. All above are parts | |
| 275. |
The scope of the work is defined in which phase of the project management? |
| A. | Initiating |
| B. | Planning |
| C. | Executing |
| D. | Closing |
| Answer» A. Initiating | |
| 276. |
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 |
| Answer» B. Planning | |
| 277. |
The review of the successes and the mistakes is normally held during _____ phase. |
| A. | initiation |
| B. | planning |
| C. | execution |
| D. | closure |
| Answer» D. closure | |
| 278. |
The business case and the justification for the project is determined during the _____ phase. |
| A. | initiation |
| B. | planning |
| C. | execution |
| D. | closure |
| Answer» A. initiation | |
| 279. |
According to Olivier Mesly, the 4 P’s critical for the success of a project are: |
| A. | plan, processes, people, policy |
| B. | plan, processes, people, power |
| C. | plan, processes, potential, policy |
| D. | plan, processes, potential, power |
| Answer» B. plan, processes, people, power | |
| 280. |
Developing a technology is an example of |
| A. | Process |
| B. | Project |
| C. | Scope |
| D. | All of the above |
| Answer» B. Project | |
| 281. |
The project life cycle consists of |
| A. | Understanding the scope of the project |
| B. | Objectives of the project |
| C. | Formulation and planning various activities |
| D. | All of the above |
| Answer» D. All of the above | |
| 282. |
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 |
| Answer» D. All of the above | |
| 283. |
Following are the phases of Project Management Life Cycle. Arrange them in correct order Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery |
| A. | 3-2-1-4 |
| B. | 1-2-3-4 |
| C. | 2-3-1-4 |
| D. | 4-3-2-1 |
| Answer» A. 3-2-1-4 | |
| 284. |
Design phase consist of |
| A. | Input received |
| B. | Output received |
| C. | Both (A) and (B) |
| D. | None of the above |
| Answer» C. Both (A) and (B) | |
| 285. |
Project performance consists of |
| A. | Time |
| B. | Cost |
| C. | Quality |
| D. | All of the above |
| Answer» D. All of the above | |
| 286. |
Five dimensions that must be managed on a project |
| A. | Constraint, Quality, Cost, Schedule, Staff |
| B. | Features, Quality, Cost, Schedule, Staff |
| C. | Features, priority, Cost, Schedule, Staff |
| D. | Features, Quality, Cost, Schedule, customer |
| Answer» B. Features, Quality, Cost, Schedule, Staff | |
| 287. |
Resorce requirement in project becomes constant while the project is in its _____ progress stage. |
| A. | 40 to 55% |
| B. | 55 to 70% |
| C. | 70 to 80% |
| D. | 80 to 95% |
| Answer» D. 80 to 95% | |
| 288. |
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 |
| Answer» B. Normal distribution curve. | |
| 289. |
In the initial stage of the project the probability of completing the project is ___ . |
| A. | Zero |
| B. | High |
| C. | Low |
| D. | Any of the above |
| Answer» C. Low | |
| 290. |
Each component of the software product is separately estimated and the results aggregated to produce an estimate for the overall job. |
| A. | Algorithmic model |
| B. | Expert judgment |
| C. | Bottom-up |
| D. | Top down |
| Answer» C. Bottom-up | |
| 291. |
Following is (are) the component(s) of risk management |
| A. | Risk Assessment |
| B. | Risk Control |
| C. | Risk Ranking |
| D. | All of the above |
| Answer» D. All of the above | |
| 292. |
Following are the characteristics of Project Mindset. |
| A. | Time, Responsiveness, Information sharing, Processes, structured planning |
| B. | Time, Project management, Information sharing, Processes, structured planning |
| C. | Time, Responsiveness, Information sharing, capability, structured planning |
| D. | Time, Responsiveness, Information sharing, Processes, project planning |
| Answer» A. Time, Responsiveness, Information sharing, Processes, structured planning | |
| 293. |
“Devising and maintaining a workable scheme to accomplish the business need” is |
| A. | Initiating process |
| B. | Planning process |
| C. | Executing process |
| D. | Controlling process |
| Answer» B. Planning process | |
| 294. |
Which one of the following is not an attribute of a project? |
| A. | Definite starting date |
| B. | Has no definite end date |
| C. | Creates a product, service, or result |
| D. | Requires resources |
| Answer» B. Has no definite end date | |
| 295. |
Which one of the following is not a characteristic of a Project? |
| A. | Temporary nature |
| B. | Familiarity |
| C. | Risk |
| D. | Uniqueness |
| Answer» B. Familiarity | |
| 296. |
_________comprehensive and flexible system for achieving, sustaining and maximizing business success |
| A. | Statistical Sampling |
| B. | Six sigma 9s quality |
| C. | Six Sigma |
| D. | Risk |
| Answer» C. Six Sigma | |
| 297. |
Which of the following is responsible for the quality of the project deliverables? |
| A. | The project champion |
| B. | The project team |
| C. | Stakeholders |
| D. | Customers |
| Answer» B. The project team | |
| 298. |
Which of the following is an example of internal failure cost? |
| A. | Rework |
| B. | Quality audits |
| C. | Random quality audits |
| D. | Project team training |
| Answer» A. Rework | |
| 299. |
QC is typically a(n) _______________ process. |
| A. | Management |
| B. | Project manager |
| C. | Audit |
| D. | Inspection |
| Answer» D. Inspection | |
| 300. |
In quality management, which of the following is not an attribute of the cost of nonconformance? |
| A. | Loss of customers |
| B. | Downtime |
| C. | Safety measures |
| D. | Rework |
| Answer» C. Safety measures | |
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