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Which of the following refers to a narrative description of the work to be accomplished?

Select correct option:


The statement of work (SOW)
The project specifications
The milestone schedule
The work breakdown structure (WBS)
As the name indicates, the statement of work (SOW) is a narrative description of the work to
be accomplished. It includes the objectives of the project, a brief description of the work,
the funding constraint if one exists, and the specifications and schedule.
Which of the following statements is TRUE for Work breakdown Structure (WBS)?
Select correct option:
Project Manager must structure work into small elements that are manageable
Project Manager must structure work into small elements that are independent
Project Manager must structure work into small elements that are measurable
All of the given options
Scope of a project is the total of all of a projects products and their requirements or
features
Select correct option:
Sum
Product
Sum and product
None of the above

Which of the following life cycle phases includes brainstorming and common sense at planning
stage?
Select correct option:
Conceptualization
Feasibility
Preliminary planning
Detail planning
As the name suggests, the conceptualization phase includes brainstorming and common sense
and involves two critical factors:
1. Identify and define the problem, and
2. Identify and define potential solutions
Quality assurance is:
Select correct option:
Detection based
Inspection based
Prevention based
People based
From the early 1950s to the late 1960s, quality control evolved into quality assurance, with its
emphasis on problem avoidance rather than problem detection.

The three general preconditions for achieving lasting success as a project manager are:
Select correct option:
Technical Skills, Ability, Human Skills and Design Skill
Ability, Motivation to manage and Opportunity

Motivation to manage,Opportunityand Conceptual Skill


Ability, Capacity and Supervision
Handouts page no.19
Which of the following statements gives the Technical definition of Project Planning?
Select correct option:
Working out of sub-components in some degree of detail
To cover area of government legislation & regulation related to use of resources
Planned use of any /all resources- Succession of five year plans
Structured sequence of events leading to desired set of objectives
The term planning implies the working out of sub-components in some degree of elaborate detail.
Broader-brush enunciations of objectives may qualify as metaphorical roadmaps. Planning
literally just means the creation of a plan; it can be as simple as making a list. It has acquired a
technical meaning, however, to cover the area of government legislation and regulations related to
the use of resources.
Which of the following require input from a large number of functional units and usually control
vast resources?
Select correct option:
Individual projects
Staff projects
Special projects
Matrix or Aggregate projects

Matrix or Aggregate projects: These require input from a large number of functional units and
usually control vast resources. Each of these categories of projects can require different
responsibilities, job descriptions, policies, and procedures.
Which of the following is the responsibility of proposed project manager?

Select correct option:


Project Plan & strategy
Description of Project Organization
Development of organizational Chart
All of the given options
Which of the following is the discount rate that equates the present values of the two sets of
flows?
Select correct option:
Discounted Cash Flow
Pay Back Period
Discounted Cash Flow
Internal Rate of Return
Internal Rate of Return (IRR):
If we have a set of expected cash inflows and cash outflows, the internal rate of return is the
discount rate that equates the present values of the two sets of flows.
Which of the following items involves the quantitative aspects of planning?
Select correct option:
Budget development
Project administration
Leadership styles
Conflict management
Handouts Page no. 101

The main purpose of a _______________ is to function as a blueprint for the groups business
operations.
Select correct option:
Business Plan
Scope statement
Feasibility Study
Work Breakdown Structure
The business plan provides the blueprint for project implementation.
___________ is the lowest level of quality development.
Select correct option:
Quality Assurance
Quality Management
Inspection
Total Quality Management
This comprises of the following five level model:
1. Inspection
2. Quality Control
3. Quality Assurance
4. Quality Management
5. Total Quality Management
Fredrick Taylor- Father of Scientific Management was a _______________
Select correct option:

Mechanical Engineer
Chemical Engineer
Technical Engineer
Electrical Engineer
Fitness to cost can be obtained by:
Select correct option:
Determining the customers needs
Building of customer needed products
Obtaining high quality and low cost products
Developing quality management
All of the following are relevant factors of competitive bids EXCEPT:
Select correct option:
Schedule
Financial Stability
Financing Offer
Ease of minor changes adopted
The emphasis is changed from product to process at ______________ stage.
Select correct option:
Inspection
Quality control
Quality management
Quality assurance

Quality is defined by_____________.


Select correct option:
Customer
Proposal manager
Higher management
Quality management
Mature organizations today readily admit that they cannot accurately define quality. The reason
for this is because quality is defined by the customer. The Kodak definition of quality is those
products and services that are perceived to meet or exceed the needs and expectations of the
customer at a cost that represents outstanding value.