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120+ Business Policy and Project Management Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

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.
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.
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.
26.

An Elaboration of Waterfall which stresses the necessity for validation activities is known as __________.

A. extended waterfall.
B. iterative model.
C. v-process model.
D. spiral model.
Answer» C. v-process model.
27.

The spiral model is originated by __________.

A. b.w.boehm.
B. b.w.williams.
C. b.w.britto.
D. b.w.hackman.
Answer» A. b.w.boehm.
28.

_______ is a working model of one or more aspects of the projected system.

A. evolutionary model.
B. v-process model.
C. spiral model.
D. software prototyping.
Answer» D. software prototyping.
29.

In Software Prototype, ___________ means copies of input screens are shown to the users on a workstation, but the screens cannot actually be used.

A. simulation.
B. annealing.
C. mock-ups.
D. rad system.
Answer» C. mock-ups.
30.

In software prototype, partial working model is classified into ________.

A. vertical and horizontal.
B. vertical and straight.
C. bended and horizontal.
D. elevated and horizontal.
Answer» A. vertical and horizontal.
31.

SSADM means ___________.

A. straight systems analysis design method.
B. structured systems analysis design method.
C. software systems analysis design method.
D. solutions systems analysis design method.
Answer» B. structured systems analysis design method.
32.

Which are the two levels of development suggested by Booch ?

A. micro and macro processes.
B. inter and intra processes.
C. internal and external processes.
D. small and large processes.
Answer» C. internal and external processes.
33.

'Work expands to fill the time available" is _________ law.

A. brooks.
B. peters.
C. parkinson\s.
D. weinbergs
Answer» C. parkinson\s.
34.

The statement "Putting more people on a late job makes it later" is from _________ law.

A. brooks.
B. peters.
C. parkinson\s.
D. brokers.
Answer» A. brooks.
35.

KLOC indicates ___________.

A. hundred lines of code.
B. source lines of code.
C. thousand lines of code.
D. million lines of code.
Answer» C. thousand lines of code.
36.

Effort = __________.

A. system size x productivity rate.
B. system size x kloc.
C. person in months / sloc.
D. person in months x productivity rate.
Answer» A. system size x productivity rate.
37.

UFP indicates ________.

A. unused function points.
B. unstructured function points.
C. uniform function points.
D. unadjusted function points.
Answer» D. unadjusted function points.
38.

PERT is _________.

A. process evaluation and review technique.
B. product evaluation and review technique.
C. program evaluation and review technique.
D. project evaluation and review technique.
Answer» C. program evaluation and review technique.
39.

The activities have zero duration but are assumed to start at the same time
as the first and the end at the same time as the last one is called__________
activity.

A. hijacked.
B. heuristic.
C. hammocked.
D. hole.
Answer» C. hammocked.
40.

_________ activities on the network diagram have zero duration and use no resources.

A. dangling.
B. dummy.
C. null.
D. zero.
Answer» B. dummy.
41.

Every risk is associated with a likely problem and an _______.

A. activity.
B. outcome.
C. action plan.
D. threats.
Answer» C. action plan.
42.

Risk Management consists of ____________.

A. risk analysis and risk estimation.
B. risk control and risk planning.
C. risk identification and monitoring.
D. risk control, planning, identification and monitoring.
Answer» D. risk control, planning, identification and monitoring.
43.

Ranking of the risks and determining risk aversion strategies is called _______.

A. risk analysis.
B. risk control.
C. risk identification.
D. risk evaluation.
Answer» D. risk evaluation.
44.

________ = risk likelihood X risk impact.

A. risk estimate.
B. risk expenditure.
C. risk identification
D. risk exposure.
Answer» D. risk exposure.
45.

Ranking of the risks and determining risk aversion strategies is called ________.

A. risk analysis.
B. risk control.
C. risk identification
D. risk evaluation.
Answer» D. risk evaluation.
46.

The shortest time in which we could expect to complete the activity, barring outright miracles are called ________.

A. optimistic time.
B. pessimistic time.
C. most likely time.
D. shortest time.
Answer» A. optimistic time.
47.

"Each activity has been scheduled to start at its earliest start date" is called as_________.

A. likelihood.
B. activity schedule.
C. probability.
D. planning.
Answer» A. likelihood.
48.

In _________, the priority activities are allocated resources in ascending order of total. float.

A. total free.
B. total float.
C. technical float.
D. top float.
Answer» B. total float.
49.

_______ is an activity bar chart indicating scheduled activity dates and durations frequently augmented with activity floats.

A. bar chart.
B. ball chart.
C. slip chart.
D. gantt chart.
Answer» A. bar chart.
50.

The priorities we might apply in deciding levels in monitoring is called as ______.

A. hierarchical monitoring.
B. prioritized monitoring.
C. tracking.
D. tracing
Answer» B. prioritized monitoring.

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