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Conceptualizing: Answer Following
Conceptualizing: Answer Following
ach
1% marks. Select the answer
and fill the ille correspoinding to that question in question car
the attached OMR
shoot
The advent of projedt management has been 4 Which of the following choices
1.
most profound in: is not one
the stages of a of
project cycle ?
lfe
(D) Executing
(D) Only for internal use
(A) Accountablity
(B Strategy plan
(B) Flexibility
C) Process of managing actual
C) Innovation
projects
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Corporate downsizing has increasedt he 16. Which of the following is
not one of
13.
commonly heard comments of the
trendtoward
managers ? project
Reducing the number of projects a
(A) (A) Where did this project come
company initiates from ?
(B) Why are we doing this project?
Outsourcing significant segments of
(B)
project work (C) How can all these
projects be first
priority ?
C) Using dedicated project teams
(0 Why is this project so strongly
Shorter project lead times linked to the strategic plan ?
()
17. Strategy considered to be under
A series of coordinated, related, multiple purview
14 of senior management is:
projects that continue over extended time
integration is
15 1994 to 2009 the trend for projects late or
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questions does the
21 Which of the following
?
understand
plays
in
p r o j e c t
Project
thelr
strategies?
19
What are our long-term
that
the
role organization's
gy
strateau
(A)
the
accomplishing
mistakes
following and
make all
the
(B) What are our long-term goals
tend to
objectives ?
except
On low prioity
problems How do we operate in the existing
Focusing (C)
(A
environment ?
as an
Overemphasizing technology
(B) What do we want to become?
end in and
of itself (D)
22. Strategy formulation includes which of the
on the immediate
Focusing
(C following activities ?
customer
A) Determining alternatives
Al the above are likely mistakes
(B) Creating profitability targets
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the followin is not one of 27.
Which of the Which of the
24 following is not one of the
requirements for
successtul implementati
tation classifications for assessing a
through projects? portfolio ? project
ofstrategies
(A)
Allocation of resources (A) Sacred cow
(B)
Prioritizing of projects (B) Bread-and-butter
C) Motivation of project contributors C) Pearls
All of these are requirements (D) Oysters
(D)
classified as
(A) Will include quantitative criteria
A Financial and non-financial
criteria
Will include qualitative
(B) Short-term and long-term
a weight
Each criterion is assigned
Strategic and tactical (C)
(C)
All of the above
are true
) Kequired and optional (D
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30 Which of the following is a common multi 34 One common
criteria selection model ? mistake made early in the
risk
Checklist
identification process is
(A)
(A) Not all
(B) Net Present Value possibilifies are considered
(B) Participants are over-optirmistic
(C) Weighted criteria model C) Participants are over-pessimistic
(O) Both (A) and (C) are correct (D
D) Focus on objectives and not on
An uncertain event
the
31. orcondition that, if it events that could
Occurs, has a positive or negative effect on
produce
35
consequences
a
project objectives is termed as The 1999 NASA Mars
Climate Orbiter is an
(A) Random chance
example of
(B) A disaster (A) Disaster avoidance through
Risk proactive risk management
(D) Hazard B) Murphy's Law
32 The cost impact of a risk
C) Proper use of critical
event occurring as
thinking
a
project proceeds through its life
Mismanaged risk control
cycle 36 A list of
tends to questions that address traditional
areas of
(A Slowly rise uncertainty on a project is termed
as a risk:
(B) Drop sharply and then level out
A Profile
C) Rise sharply and then
level out Questionnaire
(D) Remain about the same (C) Research
33 Which of the following is not one of the D) Query
steps
in the risk
management process ? 37 All of the following are included in the risk
(A) Risk response development identification process except:
B) Risk assessment (A) Customers
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most commonly 42. The
The
easiest and used demolition of the Seattle
38 technique for
analyzing risks is (Snapshot from Practice) is an Kingdome
which of the example of
analysis. following ?
Probability (A) Mitigating
(A) (B)
Scenario Retaining
(C) Ignoring
Payback
(C) (D) Transferring
Risk/reward
(D) 43 Technical risks are
profile is a list of questions that
39 A risk (A) Often the kind that can cause the
areas of uncertainty on a
address traditional project to be shut down
answers developed from
project that (B) Problematic
When the event might occur in the
A) (C) Imposed duration dates
project Both (A) and (B) are correct
Chances of the event occurring A4 Detailing all identified risks, including
(B)
Interaction with other parts of the descriptions, category, and probabilityy of
(C)
project or with other projects occurring, impact, responses, contingency
plans, owners and curent status is called
From previous, similar projects
(A) Management reserves
form contains all of the
40. The risk assessment
B) Change control
following except Contingency reserves
(C
Likelihood of the risk event
(A) (D) Risk register
Occurring Change management systems are
45.
(B Potential impact of the risk event designed to accomplish all of the following
of
Who will detect the occurrence
except
the risk event ? Track all changes that are to be
(A)
(D) Difficulty of detecting the occurrence implemented
of the risk event (B) Review, evaluates, and approvel
of the disapprove proposed changes
Which of the following is not
one
41.
41.
probability analysis tools? formally
effects of
Ratio/range analysis (C) ldentify expected
A proposed changes
on schedule
B) Decision tree
and budget
(C) PERT simulation
above are correct
All of the
(D) PERT
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50 Following is(are) the responsibility(ies) of
activities which are
of
is a set the project manager
and aimed
order
46 in an
networked
achieving
the goals of a project. (A) Budgeting and Cost control
towards
(6) Allocating resources
Project
4)
Process
(C) Tracking project expenditure
B
Project management
All of the above
(C) 51 Following are the phases of Project
Project cycle
(D)
Management Life Cycle. Arrange them in
Resources refer to
47 Correct order: 1. Design, 2. Marketing, 3.
(A) Manpower
Analysis and evaluation, 4. Inspection,
(B) Machinery testing and delivery.
Materials
(C) A 3-2-1-4
All of the above
) 1-2-3-4
Developing a technology is an example of
C 2-3-1-4
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54 Five imensions that
must be
a project managed on 58. The entire
(A) Constraint, Quality, Cost, considered process
to be
of a
made project may be
Staff Schediteule, subprocess placed in up on number of
(B) Features, Quality, Cost, called the different stage
Staff Schedula.e (A) Technical Key Resources
(C) Features, Priority, (B) Work Key Structure
Cost,
AY
Staff Schedule, C Work Breakdown Structure
(D) (WBS)
Features, Quality, Cost, None of the above
Customer Schedule, 59 Tool used for
project to
comparison of the proposed
55 Resource requirement in
project becomes complete projects of a similar
constant while the
nature whose costs are
project is in its knowrn as
(A) Algorithmic model
progress stage.
(A) 40 to 55% (B) Expert judgment
(B) 55 to 70% (C) Top down
(C) 70 to 80% Analogy
80 to 95% 60. Each component of the software product
is
56. The
probability of completing the project separately estimated and the result
can be
aggregated to produce an estimate for the
estimated based upon the overall job.
(A) Uniform distribution curve.
(A) Algorithmic model
(B) Normal distribution curve. (B Expert judgment
(C) U-shaped distribution curve (C Bottom-up
(D) None of the above (D) Top down
57 In the initial stage of the 61 Following is (are) the component(s) of risk
project the
probability of completing the project is management:
(A) Zero (A) Risk Assessment
planning
(CMS)
Time, Project management,
Structured planning
(C Both (A) and (B)
Time, Responsiveness, Information
(C)
sharing, Capability, Structured (D) None of the above
B) Stage cost
(B) Influencing skills
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68.
Which of the following
use for
contracts should
projects that you 71, All of the
have a following
anging
uncertainty and require a large degree of
Investment
are
contract types except
early in the project life cycle? (A Unit Price
Collaboration
(D) Pareto analysis
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78
The particular task
is
responsible for making performance in CPM is
Company
Your IT
74 software virus programs.
You are known as
both individual
for managing
responsible (A) Dummy
co-ordination of
releases and
product
over time. Your role is that (B) Event
multiple released
of a (C) Activity
Project Manager
(A
Program Manager (D) Contract
(B)
) Functional Manager 79. The earliest start time rule
(D) Operations Manager
75. Which of the following is not a feature of a (A) Compares the activities starting time
(D May be ongoing and repetitive (C) Directs when a project can start.
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