Professional Documents
Culture Documents
PM Soln QB
PM Soln QB
38. Planning expenses which will influence the operation of a firm over a number of years is
called
a) Investment
b) Capital Budgeting
c) Net present value
d) Dividend valuation
Ans: b
Ans: d
40. Which models are designed to overcome the disadvantages of profitability models
a) Factoring models
b) Gradation models
c) Scoring models
d) Evaluation models
Ans: c
41. Project which involves a disruptive technology which is known to the industry that the
organization has been developing over time are:
a) Derivative projects
b) Platform projects
c) Breakthrough projects
d) R&D projects
Ans: c
42. In which step of project portfolio process the assessment of availability of internal and
external resources done?
a) Establish a project council
b) Identify project categories
c) Collect project data
d) Assess resource availability
43. Eliminating Project Portfolio process can lead to
a) Risk
b) Validity
c) Cost
d) Both A & C
46. Project charter is the agreement between project manager and the project sponsor
a) True
b) False
Ans: a
47. Which of the following statement is true about the Project Charter?
(a) It authorizes the existence of a project
(b) It is a bidding document
(c) It is used to rank the risks
(d) All of the above
Ans: a
48. The description of the products or services which need to be delivered by the project is
known as
a) Business case
b) Statement of work
c) Contract
d) None of above
Ans: b
49. Which document provides the information from the view point of business standpoint
a) Business case
b) Statement of work
c) Contract
d) Project charter
Ans: a
50. The ability to visualize, set and focus on achieving project objectives is known as
a) Long term goal
b) Short term goal
c) Goal setting
d) Project Charter
Ans: c
51. In your project, you identify a risk that, due to the possibility of the entrance of a new
supplier, may provide some components at a cheaper price. What kind of risk is this?
(a) Negative Risk
(b) Positive Risk
(c) Known Risk
(d) Secondary Risk
Ans: b
52. The items to be delivered from a project which includes reports & plans is known as
a) Non deliverables
b) Deliverables
c) Task assigned
d) Hierarchy planning
Ans: b
53. Who is responsible for basic product design and development as well as functional
analysis?
a) Contract Administrator
b) Support Service Manager
c) Project controller
d) Systems Architect
Ans: d
54. A project document that describes all the work which must be done to complete the
project is known as
a) Work boundary structure
b) Work break structure
c) Work breakdown structure
d) Work basic structure
Ans: c
55. What does the teams “Forming, Storming, Norming and Performing” relates to?
a) Root cause identification
b) Steps of brainstorming process
c) Stages of team growth
d) Process variation reduction and improvement phases
Ans: c
56. What type of team will have members with different skills or roles from different areas
within an organization?
a) Process
b) Parallel
c) Self-directed
d) Cross-functional
Ans: b
64. Which of the following tools and techniques is not used in the process of Identify Risks?
a) Risk checklist analysis
b) Risk categorization
c) SWOT Analysis
d) Diagramming Techniques
Ans: b
65. If the probability of risk is 40% and impact is 4 then what would be the PI score of risk?
a) 1.8
b) 1.9
c) 1.6
d) 8.0
Ans: c
66. If accompany spends 100,000 to develop an application system and receives a net cash
return of 20,000 per year then what will be the payback period?
a) 3 years
b) 4 years
c) 5 years
d) 6 years
Ans: c
67. If the project development cost is 100,000 and it provides 115,000 in expected benefits
then what would be the Return On Investment?
a) 5%
b) 10%
c) 20%
d) 15%
Ans: d
68. A project costs 100,000 to implement and has annual cash inflow of 25,000. Calculate the
payback period for this. Also calculate NPV for the same for four years and a required
rate of return of 8 percent. Net cash flow is 65000, 75000,10000 and 10000 for year1,
year2, year3 & year4 respectively.
a) 39565
b) 39774
c) 38555
d) 40000
72. In PERT analysis, the time estimates of activities and probability of their occurrence
follow
a. Normal distribution curve
b. Poisson's distribution curve
c. Beta distribution curve
d. None of the above
73. The time by which a particular activity can be delayed without affecting the preceding
and succeeding activities is known as
a. Total float
b. Free float
c. Interfering float
d. Independent float
74. In the time-cost optimization, using CPM method for network analysis, the crashing of
the activities along the critical path is done starting with the activity having
a. Longest duration
b. Highest cost slope
c. Least cost slope
d. Shortest duration
76.
a. 18
b. 20
c. 22
d. 24
77. In a Project network the critical path time is 17 days and variance of critical activities is
2.77, 0.11, and 0.11 respectively. The standard deviation of the projects is__________
a. 1.53
b. 1.63
c. 1.73
d. 1.83
78.
a. A
b. B
c. C
d. D
79.
a. 0,0
b. 3,3
c. 0,4
d. 3,0
80.
a. 59.405
b. 69.405
c. 79.405
d. 89.405
82.
a. 1,3 and 4
b. 1and 2
c. 1,2 and 4
d. 3 and 4
83.
a. D
b. C
c. B
d. A
86. Activities A, B, and C are the immediate predecessors for Y activity. If the earliest finish
times for the three activities are 12, 15, and 10, then the earliest start time for Y will be
a. 10
b. 15
c. 12
d. Cannot be determined
87. Activities P, Q and R instantly follow activity M, and their current start times are 12, 19,
and 10. Therefore, the latest finish time for activity M is
a. 11
b. 10
c. 18
d. Cannot be determined
88. The standard deviation for a PERT diagram is calculated
a. taking the sum of the standard deviations on all the nodes.
b. taking the sum of the standard deviations on the nodes on the critical path
c. taking the sum of the variances on the nodes on the critical path, then find the square root.
d. taking the sum of the variance on all the nodes, then find the square root
90. What process may help keeping estimations realistic through whole project?
a. Constant process improvement
b. Applying preventive actions
c. Supporting changes.
d. Periodic re-estimation.
92. What action should try first for decreasing estimation of cost and/or time?
a. Increasing time and budget
b. Reasonable cut of project scope
c. Reducing or eliminating the risks
d. Increasing thresholds tolerance
93.
94. A project manager did good work and prepared an accurate work breakdown structure.
What type of techniques is used for detailed estimating of an available activities or work
package, which then rolled up into control accounts and after into overall project
estimate?
a. Top-down estimating
b. Parametric estimating.
c. Bottom-up estimating
d. Analogous estimating
96. If a university sets up a web-based information system that faculty could access to record
student grades and to advise students, that would be an example of a/an
a. CRM
b. Intranet
c. ERP
d. Extranet
97. Which one of the following networks is correctly drawn?
a. A
b. B
c. C
d. D
a. 12490 to 12510
b. 13490 to 13510
c. 14490 to 14510
d. 15490 to 15510
99. Project execution (or implementation) is the phase in which the plan designed in the prior
phases of the ________________ is put into action.
a. Project life
b. Initiative phase
c. Closing phase
d. All of the above
100. Monitoring is about assessing what work has been completed for a
_________________________.
a. Task
b. Programme or project including costs, risks and issues.
c. Closing
d. None of the above
b. Total cost
c. Half cost
102. he buyer pays the seller for allowable performance costs plus a predetermined fee
and an incentive bonus
a. Cost plus incentive fee (CPIF)
b. Project cost
c. Other cost
b. work
c. Time
b. Resourse
c. Contracts
b. Process
c. Internal
b. Contract
b. Search Tree
c. a & b
a. Planning
b. Quotations
c. Solicitation planning
d. All of the above
115. Tracking team member performance, motivating team members, providing timely
feedback, resolving issues and conflicts, and coordinating changes to help enhance
project performance.
a. Team
b. Resource
c. Conflict
d. Managing the project team:
118. The project manager's perceived ability to influence a worker's later work
assignments.
a. Power
b. Cost
c. Assignment
d. Time