McqMate
201. |
Costs that are not directly related to the products or services of the project, but are indirectly related to performing the project. |
A. | Intangible Costs |
B. | Sunk Cost |
C. | Tangible Costs |
D. | Indirect Costs |
Answer» D. Indirect Costs |
202. |
Relationship based on unrelated level of activity and past data of cost is measured with help of |
A. | cost estimation |
B. | price estimation |
C. | unit estimation |
D. | production estimation |
Answer» A. cost estimation |
203. |
In estimation of cost functions, variations in a single activity level represents the |
A. | related total costs |
B. | related fixed cost |
C. | related variable cost |
D. | related per unit cost |
Answer» A. related total costs |
204. |
The latest finish time for an activity: |
A. | Equals the min. of LFT − t for all immediate successors |
B. | Equals the max. of LFT − t for all immediate predecessors. |
C. | Equals the max. of EST + t for all immediate predecessors. |
D. | Equals the min. of EST + t for all immediate successors. |
Answer» A. Equals the min. of LFT − t for all immediate successors |
205. |
Which of the following statements is true? |
A. | PERT is considered as a deterministic approach and CPM is a probabilistic techniques. |
B. | PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach. |
C. | PERT and CPM are both probabilistic techniques. |
D. | PERT and CPM are both considered as deterministic approachs. |
Answer» B. PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach. |
206. |
In corporate costs, cost incurred to finance construction of new equipment are classified as |
A. | treasury costs |
B. | discretionary costs |
C. | human resource management costs |
D. | corporate administration costs |
Answer» A. treasury costs |
207. |
An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed. |
A. | Random Chance |
B. | Disaster |
C. | Risk |
D. | Hazard |
Answer» C. Risk |
208. |
The cost impact of a risk event occurring as a project proceeds through its life cycle tends to |
A. | Slowly rise |
B. | Slowly drop |
C. | Drop sharply and then level out |
D. | Rise sharply and then level out |
Answer» A. Slowly rise |
209. |
Evaluation process of proposed projects or groups of projects is known as: |
A. | Project Analysis |
B. | Project Compilation |
C. | Project selection |
D. | Project Documentation |
Answer» C. Project selection |
210. |
Nature of interrelationships between components in a system defines the |
A. | Function of system |
B. | Structure of system |
C. | Environment of system |
D. | Platform of system |
Answer» B. Structure of system |
211. |
Listing goals of each existing and proposed project is first step in |
A. | Data Collection |
B. | Establishment of Project council |
C. | Prioritizing the projects |
D. | Identification of project categories |
Answer» D. Identification of project categories |
212. |
For any project word objective is held to be synonymous with |
A. | Fact |
B. | Option |
C. | Opinion |
D. | Assumption |
Answer» A. Fact |
213. |
Which of these is not one of the constraints of a project? |
A. | Scope |
B. | Resources |
C. | Team |
D. | Budget |
Answer» C. Team |
214. |
Which of the following is not correct about initial phase of a project? |
A. | The cost associated at the beginning of the project is highest. |
B. | Stakeholders have maximum influence during this phase |
C. | The highest uncertainty is at this stage of the project. |
D. | All the above statements are correct. |
Answer» A. The cost associated at the beginning of the project is highest. |
215. |
Which is the first stage in the project management model? |
A. | Understanding the project environment |
B. | Project definition |
C. | Project control |
D. | Project planning |
Answer» A. Understanding the project environment |
216. |
A clear hierarchy of objectives in the project definition would NOT normally contain: |
A. | The purpose |
B. | An End result |
C. | Success criteria |
D. | Control mechanisms |
Answer» D. Control mechanisms |
217. |
Which of the following is a factor that influences project selection? |
A. | Perceived and real needs |
B. | List of potential and ongoing projects |
C. | Current organizational environment |
D. | All of the above |
Answer» D. All of the above |
218. |
The primary deliverable from the project identification and selection phase is a: |
A. | schedule of specific IS development projects. |
B. | Statement of Work. |
C. | mission statement. |
D. | design strategy. |
Answer» A. schedule of specific IS development projects. |
219. |
When classifying and ranking projects, which of the following refers to the amount and type of resources the project requires and their availability? |
A. | Value chain availability |
B. | Business placement |
C. | Resource availability |
D. | Potential benefits |
Answer» C. Resource availability |
220. |
When classifying and ranking projects, which of the following refers to the extent to which the project is viewed as helping the organization achieve its strategic objectives and longterm goals? |
A. | Resource availability |
B. | Business placement |
C. | Strategic alignment |
D. | Potential benefits |
Answer» C. Strategic alignment |
221. |
During feasibility analysis it is necessary to examine several alternative solutions because
|
A. | i and iii |
B. | i and iv |
C. | i and ii |
D. | ii and iv |
Answer» C. i and ii |
222. |
Goals are identified by |
A. | discussion with all concerned |
B. | pinpointing unsatisfactory performance |
C. | finding poor management |
D. | examining a variety of documents |
Answer» B. pinpointing unsatisfactory performance |
223. |
By technical feasibility of a solution we mean that |
A. | technology is available to implement it |
B. | persons are available to implement it |
C. | persons have technical ability to implement it |
D. | funds are available to implement it |
Answer» A. technology is available to implement it |
224. |
By operational feasibility we mean |
A. | the system can be operated nicely |
B. | the system is unusable by operators |
C. | the system can be adapted by an organization without major disruptions |
D. | the system can be implemented |
Answer» C. the system can be adapted by an organization without major disruptions |
225. |
By economic feasibility of a system we mean that |
A. | it is economical to operate |
B. | it is expensive to operate |
C. | it will be cost-effective if implemented |
D. | finances are available to implement the system and it will be cost – effective |
Answer» D. finances are available to implement the system and it will be cost – effective |
226. |
The following are the most important points of a detailed system proposal
|
A. | i, ii and iii |
B. | i, iii and iv |
C. | ii, iii and iv |
D. | ii and iii |
Answer» C. ii, iii and iv |
227. |
At the end of the feasibility study the systems analyst |
A. | meets the users for a discussion |
B. | gives a summary feasibility report to the management |
C. | gives a systems proposal to management |
D. | tells the top management if the system is not feasible |
Answer» B. gives a summary feasibility report to the management |
228. |
The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business is known as a: |
A. | feasibility analysis |
B. | business plan |
C. | strategic analysis |
D. | industry analysis |
Answer» A. feasibility analysis |
229. |
A cost-benefit analysis is performed to assess |
A. | economic feasibility |
B. | operational feasibility |
C. | technical feasibility |
D. | all of the above |
Answer» A. economic feasibility |
230. |
The primary objective of cost-benefit analysis is |
A. | to find out direct and indirect cost of developing the information system |
B. | to determine the tangible benefits of the information system |
C. | to determine if it is economically worthwhile to invest in developing the information system |
D. | to determine the intangible benefits of the information system |
Answer» C. to determine if it is economically worthwhile to invest in developing the information system |
231. |
The following assumptions are made in case of break even analysis, except |
A. | All fixed costs are fixed |
B. | All variable costs are fixed |
C. | The prices of input factors are constant |
D. | Volume of production and volumes of sales are equal |
Answer» B. All variable costs are fixed |
232. |
At breakeven point there is |
A. | Profit |
B. | Loss |
C. | No profit or loss |
D. | None of these |
Answer» C. No profit or loss |
233. |
Which of the following should be taken into account when planning a project? |
A. | Social environment |
B. | Political environment |
C. | Operational environment |
D. | All of the above |
Answer» D. All of the above |
234. |
Improvement efforts are determined by: |
A. | Criticality of problems |
B. | Current performance |
C. | Priorities for future output |
D. | All of the above |
Answer» D. All of the above |
235. |
Performance measurement is: |
A. | The determination of improvement efforts. |
B. | The process of quantifying action. |
C. | The improvement of operations. |
D. | The planning and control of operations. |
Answer» B. The process of quantifying action. |
236. |
Performance relating to the five operations’ objectives can be plotted on which type of diagram? |
A. | Quality |
B. | Outcome |
C. | Polar |
D. | Satisfaction |
Answer» C. Polar |
237. |
Which kind of standards are those that are set arbitrarily to reflect some level of performance that is regarded as appropriate or reasonable? |
A. | Competitor performance standards |
B. | Target performance standards |
C. | Historical standards |
D. | Absolute performance standards |
Answer» B. Target performance standards |
238. |
For a police department, using competitor performance standards, a competitor might be: |
A. | A fire service |
B. | A foreign police authority |
C. | A similar police department |
D. | All of the above |
Answer» D. All of the above |
239. |
What approach is used to compare organisation operations with those of other companies? |
A. | SWOT analysis |
B. | PERT analysis |
C. | Benchmarking |
D. | Competitor performance assessment |
Answer» C. Benchmarking |
240. |
The origins of benchmarking as it is used today go back to which company? |
A. | Microsoft |
B. | Toyota |
C. | Xerox |
D. | McDonald’s |
Answer» C. Xerox |
241. |
A comparison between operations or parts of operations that are within the same total organisation is called: |
A. | Internal benchmarking |
B. | Competitive benchmarking |
C. | Non-competitive benchmarking |
D. | External benchmarking |
Answer» A. Internal benchmarking |
242. |
Benchmarking against external organisations that do not compete directly in the same markets is called: |
A. | Non-competitive benchmarking |
B. | Collaborative benchmarking |
C. | Practice benchmarking |
D. | Non-assault benchmarking |
Answer» A. Non-competitive benchmarking |
243. |
Which of the following is regarded as a fundamental flaw in the whole concept of benchmarking? |
A. | It limits improvements to currently accepted methods of operating. |
B. | It does not involve learning. |
C. | It limits critical thinking. |
D. | It is not a continuous process. |
Answer» A. It limits improvements to currently accepted methods of operating. |
244. |
What matrix positions each factor according to its performance and its importance? |
A. | Competitive forces matrix |
B. | Performance importance matrix |
C. | Importance performance matrix |
D. | Customer assessment matrix |
Answer» C. Importance performance matrix |
245. |
What do the letter ‘D’ and ‘I’ stand for in Deming’s cycle of improvement? |
A. | Design and improve |
B. | Develop and implement |
C. | Design and implement |
D. | Define and improve |
Answer» D. Define and improve |
246. |
Ishikawa Diagrams are another name for what technique of improvement? |
A. | Cause-effect diagrams |
B. | Input-output analysis |
C. | Process maps |
D. | Scatter diagrams |
Answer» A. Cause-effect diagrams |
247. |
The principles of the business process re-engineering (BPR) approach do NOT include: |
A. | Checking that all internal customers act as their own suppliers to identify problems. |
B. | Scrapping any process line over two years old and starting again from scratch. |
C. | Striving for improvements in performance by radical rethinking and redesigning the process. |
D. | Rethinking business processes cross-functionally to organise work around natural information flows. |
Answer» B. Scrapping any process line over two years old and starting again from scratch. |
248. |
Qualifying competitive factors are those which: |
A. | Directly win business for the operation. |
B. | Need to be better than a good industry standard. |
C. | Are relatively unimportant compared with the others. |
D. | May not win extra business if the operation improves its performance but can certainly lose business if performance falls below a particular point. |
Answer» D. May not win extra business if the operation improves its performance but can certainly lose business if performance falls below a particular point. |
249. |
Which of the following is not a tool and technique used in the process of Plan Risk Responses |
A. | Contingent Response Strategies |
B. | Expert Judgment |
C. | Risk and Impact Matrix |
D. | Strategies for positive risks or opportunities |
Answer» C. Risk and Impact Matrix |
250. |
During which stage of Risk planning are modeling techniques used to determine overall effects of risks on project objectives for high probability, high impact risks? |
A. | Identify Risks |
B. | Plan Risk responses |
C. | Perform Qualitative risk analysis |
D. | Perform Quantitative risk analysis |
Answer» D. Perform Quantitative risk analysis |
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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