1. A project may be undertaken to address:
A A new business need
B Maintain a running process
C Re-work
D Manufacture a car battery
2. The quality considerations to be followed in the project is decided:
A During it's execution
B By the quality department
C At the beginning of the project
D Depending on the project's cost
3. Select two features that are common to both projects and operations from the list given below.
1 They are performed by people
2 At times they can use unlimited resources
3 They have the use of limited resources
4 The use of manpower is optional
5 They must follow a specific procedure
4. The objective of operations is to:
A Sustain a company's existing business
B Make a company's operations more efficient
C Address routine work
D All of the above
5. There are many reasons why project management has become a key discipline. Indicate which one of the following is NOT true:
A Pressure to compress time
B One market place and many suppliers
C New business reality of globalization
D Pressure to improve operational efficiency
6. Project management is becoming a key discipline across all sectors and it is used effectively in managing:
A Changes
B Uncertainties
C Totality of a project from beginning to an end
D All of the above
7. The development of modern project management began in:
A 1960's
B 1950's
C 1900's
D 1975
8. Who is responsible for ensuring the project has funds?
A The project manager
B The bankers
C The client
D The project sponsor
9. Why is stakeholder analysis done?
A To identify all the project's stakeholders
B To assess the source of funding for the project
C To ensure stakeholders' requirements are properly considered in project planning
D To get approval of documents
10. Double declining balance is a form of:
A Decelerated depreciation
B Straight line depreciation
C Accelerated depreciation
D Life cycle costing
11. You are appraising three projects. The NPV of Project A is $10000, NPV of Project B is -$10000 and the NPV of Project C is $12000. Which project would you select?
A Project A
B Project C
C Project B
D Not enough information is given
0 Comments:
Post a Comment