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    Question Bank for Project Management

    1. Conceptualisation stage deal with which of the following?

    A) Mission & Vision of the organisation

    B) Viability

    C) Practicability

    D) Both B & C.

    2. The Key Deliverable of Conceptualisation stage is?

    A) Feasibility Report

    B) The Project Charter

    C) Detailed Project Report

    D) Environmental Clearance Report.

    3. What is the use of project Charter in a project?

    A) To give green signal for the projects

    B) To give financial clearance for the project

    C) To link the project to organisations ongoing work

    D) To get clearance from Coal ministry regarding coal supply.

    4. Business Case includes data like?

    A) Financial /Appraisal Data

    B) Performance Parameters

    C) Projects Key Stake holders

    D) All of above.

    5. Who is responsible for preparing the Business case?

    A) The Projects Sponsor

    B) Shareholders

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    C) Manpower of the organisation

    D) The Board of directors.

    6. Which of the following is not an Investment AppraisalTechniques?

    A)Return on Investment

    B) Discounted Cash Flow

    C) Variance Analysis

    D) Internal Rate of Return

    7. How many steps are involved in the stakeholders analysis?

    A) Four Steps

    B) Eight Steps

    C)Six steps

    D)Five steps

    8. Which of the Following doesnt form part of the Project Charter?

    A) An Overview of the Project.

    B) Customers requirement

    C) Financial Viability

    D) Competitive Scenario

    9. Which Statement is not true?

    A) Shorter the payback period, better is the project viability

    B) Longer the payback period, lower is the project viability

    C) Payback period is a simple and easy method for appraising projects

    D) Payback period considers cost of borrowing capital.

    10. What is not a role of project sponsor?

    A) Managing the project.

    B) Accept the projects at its completion

    C) Authorising the project to move to its next level.

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    D) Guiding the project at a strategic level according to the organisationalneeds.

    11. Double declining balance is a form of?

    A) Straight Line Depreciation

    B) Decelerated Depreciation

    C) Life Cycle Costing

    C) Accelerated Depreciation.

    12. There are chances of overlapping between?

    A) Control and planning Phase

    B) Integration and Planning phase

    C) Implementation and Conceptualisation phase

    D) Implementation and Integration phase

    13. Which of the following is not an essential element of a Contract?

    A) Legal Purpose

    B) Competent Parties

    C) Accepted Contract Format

    D) Consideration

    14. The time necessary to complete the project is called as?

    A) Executions time

    B) Operations time

    C) Feasibility

    D) Life Cycle

    15. The use of informal verbal communication is most appropriate forwhich of the following?

    A) Discussing work assignment

    B) Informing the contractor about a scope change

    C) When the interpreter has a short memory.

    D) When one need to contact the client urgently.

    16. In a fixed price contract, who faces the maximum risk?

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    A) The Seller

    B) The Buyer

    C) Both Seller and Buyer

    D) It will depend upon the buyer.

    17. The staffing management plan for project should contain all of thefollowing except?

    A) Time frame when the staff will be needed

    B) Resource Histogram

    C) Responsibility Assignment Matrix

    D) Source for obtaining each resource

    18. The main responsibilities of core team member is?

    A) To provide expertise and manage elements of the work

    B) Help in developing work breakdown structure (WBS)

    C) Communicate with the external stakeholders of the project.

    D) To accept the project deliverable

    19. Conflict between project team and stakeholders regarding timescales, payments and costs will arise during?

    A) Implementation

    B) Project selection

    C) Project planning

    D) Handover

    20. One of the weakest communication skills is?

    A) Interpreting

    B) Manipulating the Conversation

    C) Listening

    D) Speaking Clearly

    21. You are required to highlight key payment points in the projectswork.To do this you would use?

    A) Projects CalendarsB) Milestones

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    C) A start-start relationship between two activities in the network

    D)Performance reports

    22 . Team building needs to be done?

    A) During Project Planning

    B) During project implementation

    C) Through out the project life cycle

    D) At the beginning of the project

    23. Communication Barriers can be caused by?

    A) Security

    B) Information hoarding

    C) Culture

    D) All of the above

    24. In a fixed price contract, the fee or profit is:

    A) Applied as a line item to every invoice

    B) Part of the negotiation involved in paying every invoice

    C) Determined with the other party at the end of the project.

    D) Calculated by the seller after incorporating all the costsincluding risks before finalising the contract value.

    25. Staffing options can be restricted by all these factors except

    A) Reduction in fund given for training

    B) Workshop to upgrade skills

    C) Restrictions in Travelling

    D) Excess Staff

    26. Which is not true of the Organisation breakdown structure?

    A) Work packages are linked to the organisational units

    B) Show lines of reporting of Team members

    C) Is a graphical representation of entire performing organisation.

    D)is a hierarchical representation of departments involved in the projects

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    27. The Halo Effect is important to know because there is a tendencyto :

    A) Promote from within

    B) Hire the best

    C) Move People in project management because they are good intheir technical field

    D) Move people in project management because they have had projectmanagement training

    28. Information such as scheduled dates, cost budget and staff assignment for projects are kept in the?

    A) WBS dictionary

    B) Project Diary

    C) Project log

    D) Work authorisation register

    29. Which factors are affected by organisational structures?

    A) Reporting procedures.

    B) Authority given to the project manager

    C) Physical location of the team members

    D) All of the above

    30. Which one of the following is not true in classifying a matrixorganisation?

    A) Weak matrix

    B) Strong matrix

    C) Flat matrix

    D) Balanced matrix

    31. A good communication plan considers?

    A) Feedback

    B) The audience

    C) What method to use for communicating

    D) All of the above

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    32. WBS is an important communication tool for communicating with?

    A) Team members

    B) Management

    C) External Stakeholders

    D) All of the above

    33. The WBS numbering system used should allow project staff to

    A) Estimates cost of WBS elements

    B) Provide project justification

    C) Use it in project management software

    D) Identify the levels at which Individual WBS elements are found.

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