Business Policy and Project Management Solved MCQs

1.

________ is called as a planned activity.

A. project
B. activity
C. program
D. task
Answer» A. project
2.

------------- project interfaces with the organization.

A. information system
B. embedded system
C. process control system
D. objective driven system
Answer» A. information system
3.

In product-driven projects, the objectives of the project are defined in terms of ___________.

A. functional requirements only.
B. resource and non-functional requirements.
C. functional and quality requirements.
D. resource requirements only.
Answer» C. functional and quality requirements.
4.

__________ is record of how much the organization is willing to spend on the system.

A. resource requirements
B. functional requirements
C. security requirements
D. non functional requirements
Answer» A. resource requirements
5.

Projects are __________ by definition and therefore more uncertain than normal undertakings.

A. routine
B. non-routine
C. specific
D. controllable
Answer» B. non-routine
6.

The project deliverable is supplied to customers release by release in a scheduled time intervals is referred as

A. agile
B. incremental delivery
C. v-process model
D. spiral model
Answer» B. incremental delivery
7.

Expand CCTA

A. center combing and technology agent
B. central computer and telecommunications agency
C. center for centralized and technology agent
D. center computer and technical agency
Answer» B. central computer and telecommunications agency
8.

_________ standards should be in place to ensure that changes to requirements are implemented in a safe and orderly way.

A. change control and configuration management
B. time control and configuration management
C. access control and configuration management
D. quality control and configuration management
Answer» A. change control and configuration management
9.

The organization as part of its monitoring and control policy may have a ________
in place which dictates that certain statistics have to be collected at various stages of a
project.

A. measurement programme.
B. system programme.
C. software programme.
D. testing programme.
Answer» A. measurement programme.
10.

The products handed over to the clients at the end of projects are called as _____________.

A. software.
B. application program.
C. deliverables.
D. intermediate products.
Answer» C. deliverables.
11.

The relationship between program design and program specification can be portrayed in _________.

A. data flow diagram
B. product flow diagram
C. network diagram
D. data flow diagram
Answer» B. product flow diagram
12.

_________ time is the time between start and end of a task.

A. turnaround.
B. elapsed.
C. throughput.
D. pessimistic time.
Answer» B. elapsed.
13.

Project planning is an _________ process.

A. continuous.
B. iterative.
C. time consuming.
D. conventional.
Answer» B. iterative.
14.

_______ is a collection of projects that all contribute to the same overall organizational goals.

A. software.
B. task
C. programme.
D. activity
Answer» C. programme.
15.

The standard way of evaluating the economic benefits of any projects is to carry out a ________ analysis.

A. price-benefit.
B. cost-benefit.
C. cash flow.
D. fund flow.
Answer» B. cost-benefit.
16.

The costs that include the salaries and other employment costs of the staff involved in the project development and all associated costs are called____________.

A. operational cost.
B. development cost.
C. setup cost.
D. direct cost.
Answer» B. development cost.
17.

Longer term benefits that are considered very difficult to quantify are called _______ .

A. direct benefits.
B. assessable benefits.
C. indirect benefits.
D. intangible benefits.
Answer» D. intangible benefits.
18.

____________ will indicate when expenditure and income will take place.

A. cash flow forecast.
B. cost analysis.
C. fund flow.
D. technical forecast.
Answer» A. cash flow forecast.
19.

_________ is the time taken to break even or pay back the initial investment.

A. back period.
B. payback period.
C. cash back period.
D. rate of return.
Answer» B. payback period.
20.

The calculation of __________ is a project evaluation technique that takes into account the profitability of a project and the timing of cash flows that are produced.

A. npv.
B. tpv.
C. spv.
D. lpv.
Answer» A. npv.
21.

Number of interrelated activities can be organized in different ways are called ______.

A. activity model.
B. network model.
C. hierarchical model.
D. process model.
Answer» D. process model.
22.

RAD stands for _________.

A. resource application development.
B. resource allocation development.
C. rapid application development.
D. rapid action development.
Answer» C. rapid application development.
view more info and meaning of RAD external link
23.

JAD stands for ____________.

A. joint action development.
B. j2me allocation development.
C. j2se application development.
D. joint application development.
Answer» D. joint application development.
view more info and meaning of JAD external link
24.

The alternate name for Waterfall model is _________.

A. two-shot model
B. phase shot model
C. three-phase model
D. one-shot model
Answer» D. one-shot model
25.

The first phase of waterfall model is ____________.

A. analysis.
B. feasibility study.
C. coding.
D. user requirements.
Answer» B. feasibility study.
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