Project Management

1.Which of the following is not a project

Select one:
a. Developing a supply chain information system
b. Writing a term paper
c. Attaching tags to a manufactured product
d. Setting up a power plant
2. In which type of matrix structure would a project manager most likely have a command of
technology
Select one:
a. Weak Matrix
b. Balanced Matrix
c. Cross-cultural matrix
d. Strong Matrix
3. As the plant capacity increases, the investment cost per unit
Select one:
a. zero
b. increases
c. decreases
d. remain the same
4. In which organizational form is the worker in the greatest jeopardy of losing his or her job if the
project gets canceled
Select one:
a. Projectized
b. Weak Matrix
c. Strong Matrix
d. Traditional Functional
5. Compression of the Product Life Cycle results in
Select one:
a. producing products in lesser time
b. changing the variety of products
c. lesser products in longer time
d. more products in longer time
6. If the organization has very few projects, it should go for
Select one:
a. Dedicated teams
b. Projectized
c. Matrix type
d. Traditional Functional
7. The major difference between a project and a program is usually
Select one:
a. Role of the sponsor
b. Role of the line manager
c. time frame
d. specifcations
8. If 80% of the work involves projects, then the organization should consider
Select one:
a. Matrix type
b. Traditional Functional
c. Projectiized
d. Dedicated Team
9. Given Q as demand and I as Income and If Q1 =60, Q2 =70, I1 =1000 and I2 =1200, What
is the income elasticity of demand?
Select one:
a. 1.00
b. 0.85
c. 0.50
d. 1.50
10. The requirement of machinery and equipment is dependent on
Select one:
a. type of product
b. production technology
c. all of the above
d. plant capacity
11. The qualitative method for demand forecasting is
Select one:
a. Delphi Method
b. Moving Average Method
c. Exponential Smoothing Method
d. Trend Projection Method
12. If P is price and Q is demand and if P1 =40 Q1 =100000 P2 =50 Q2 =95000 then the price
elasticity of demand is
Select one:
a. 0.23
b. zero
c. 0.53
d. 1.00
13. The training to customers and transfer of documents take place in
Select one:
a. Delivery Phase
b. Planning Phase
c. Defining Phase
d. Execution Phase
14. Projects that remain almost entirely within one functional area are best managed by the
Select one:
a. functional manager
b. Assigned functional employees
c. project sponsor
d. project manager
15. In which organizational form does the project manager often have the least amount of
authority
Select one:
a. Strong Matrix
b. Projectiized
c. Traditional Functional
d. Weak Matrix
16. Scope and specifications are dealt in
Select one:
a. Planning Phase
b. Execution Phase
c. Defining Phase
d. Delivery Phase
17. Having too many life cycle phases may be detrimental because
Select one:
a. Executive sponsors will become invisible
b. Executive sponsors will micromanage
c. the project manager will need to develop many different plans for each phase
d. the project manager will spend too much time planning for gate-review meetings rather
than managing the phases
18. In which organization form is the project manager least likely to share resources with other
projects
Select one:
a. Projectized
b. Traditional Functional
c. Strong Matrix
d. Weak Matrix
19. Integrated Project Management relates to integrating the project with
Select one:
a. strategic plan of the organization
b. financial plan of the organization
c. functional plans of the organization
d. competitor's plan of the organization
20. If an organization has both standard products and projects, it should go for
Select one:
a. Projectized
b. Dedicated team
c. Traditional Functional
d. Matrix type
21. What is a project?
Select one:
a. Routine non-repetitive work
b. Routine repetitive work
c. Non-Routine repetitive work
d. Non-Routine non-repetitive work
22. The grouping of projects is called
Select one:
a. Project Template
b. Business Plan
c. Program
d. Business Template
23. The level of effort is maximum in the following phase of any project life cycle
Select one:
a. Delivering
b. Planning
c. Defining
d. Executing
24. Effective Demand is calculated as
Select one:
a. Production +Imports - Exports +Changes in stock level
b. Production +Imports - Exports - Change in stock level
c. Production - Imports - Exports - Change in stock level
d. Production - Imports +Exports +Changes in stock Level
25. A project is terminated early because the technology cannot be developed and the resources
are applied to another project that ends up being successful. Which of the following is true
concerning the first project?
Select one:
a. The first project is a failure if the project manager gets reassigned to a less important
project
b. The first project is a success if the termination is done early enough before additional
resources are squandered
c. The first project is regarded as a failure
d. The first project is a success if the project manager gets promoted