PQ_01

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Multiple Choice
4/4 points (graded)
Project is a temporary and non-routine endeavor

True
False
correct

Program may be considered as one big project

True
False
correct

Project Manager is generally a person who is very organic and dynamic person,
easily coping up with changes

True
False
correct

Projects may or may not be aligned with the organizational strategy

True
False
correct

PQ_02
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Multiple Choice
5/5 points (graded)
NPV is a --------------- criteria for selecting a project

Subjective
Financial
Non-financial
 Multiple
correct

Corporate strategy is all about

Porter’s Strategy
Any strategy made by organization
Vision and Mission of the company
Any of the above may be correct
correct

Selection of the project is based on

Checklist
Proposal
Pay-back period
Any of them
correct

Which is NOT a type of project?

Government’s projects
Strategic Projects
Theoretical Projects
Operational Projects
correct

Which may NOT be an Organizational Structure for handling Projects?

Functional Structure
Dedicated team
Vertical Structure
Matrix Structure
correct

PQ_03
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Multiple Choice
4/4 points (graded)
Project Scope Statement is all about

Subjectivity of the Project

deliverables and Milestones
Non-financial factors in the project
All of the above
correct
Which is NOT Causes of Project Trade-offs

Cost of the Project

Time of completion
Scope of the Project
Organizational Strategy
correct
Work Breakdown Structure helps Project Manager in

Finding out the estimated cost of Project

Deciding the Project Proposal
Calculating the Pay-back period of the project
Identifying the products and work elements involved in a project
correct
WBS Coding System defines

Coding Language for the project

Levels and elements of the WBS
Constraints in the project
None of the above
correct

PQ_04
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Multiple Choice
4/4 points (graded)
Estimation is the process of

predicting the errors in a project

predicting the mood of the client for a project
approximating the time and cost of completing project deliverables
 understanding the stakeholder’s engagement
correct
Which is NOT a factor Influencing the Quality of Estimates?

Project Duration
Planning Horizon
Scope of the Project
Project Structure and Organization
correct
Template method is a

Rough-cut Approach of estimating a project

Detailed Approach of estimating a project
Top-Down Approach for estimating a project
Bottom-down Approach for estimating a project
correct
Which is NOT considered as an Estimating Guideline for Times, Costs, and
Resources of a project?

ABC analysis
Using consistent time units
Inclusion of a risk assessment
Assumption of Normal Conditions
correct