1. Which of these is not one of the constraints of a project?

- Scope

- Resources

=Team

- Budget

2. Which of the following is not correct about initial phase of a project?

= The cost associated at the beginning of the project is highest.

- Stakeholders have maximum influence during this phase

- The highest uncertainty is at this stage of the project.

- All the above statements are correct.

3. The project you are managing has nine stakeholders. How many channel of communications are there
between these stakeholders?

-9

-8

- 45

= 36

4. Which of the following is not an example of formal communication?

- Contract

= email

- Project status report

- Status meeting
5. A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST
describe the difference of $5,000?

- Cost Variance

- Management Overhead

= Management Contingency Reserve

- Schedule Variance

6. If the Earned Value is equal to Actual Cost, it means:

- Project is on budget and on schedule

- Schedule Variance Index is 1

- There is no schedule variance

= There is no cost variance

Questions on Project Human Resources Management

7. Which of the following is the most important element of Project Management Plan that is useful in HR
Planning process:

- Risk Management activities

- Quality Assurance activities

= Activity Resource requirements

- Budget Control activities

8. Which of the following types of Organizational Charts can be BEST used to track project costs :

- Hierarchical-type Organizational Chart

- Organizational Breakdown Structure

= Resource Breakdown Structure

-Responsibility Assignment Matrix

9. Which of the following is not true for a Responsibility Assignment Matrix (RAM):

- Defines what project team is responsible for each WBS component

- Defines what project member is responsible for each activity

= Text description of roles, responsibilities, authorities

- Defines all people associated with each activity

10.Process Analysis is a function of:

- Performance Analysis

- Quality Metrics

= Process Improvement Plan

- Quality Improvement Plan

11. Root Cause Analysis relates to:

= Process Analysis

- Quality Audits

- Quality Control Measurements

- Performance Measurements
 12.A planning phase for an engineering component generated 80 engineering drawings. The QA team
randomly selected 8 drawings for inspection. This exercise can BEST be described as example of:

- Inspection

=. Statistical Sampling

- Flowcharting

- Control Charting

13. Andrew has joined as the Project Manager of a project. One of the project documents available to
Andrew lists down all the risks in a hierarchical fashion. What is this document called?

- Risk Management Plan.

- List of risks.

- Monte Carlo diagram.

= Risk Breakdown Structure.

14.During which stage of Risk planning are risks prioritized based on probability and impact?

- Identify Risks

- Plan Risk responses

= Perform Qualitative risk analysis

- Perform Quantitative risk analysis

15.Activity Definition is typically performed by which of the following:

- Project Manager who created the WBS

= Project Team Members responsible for the work package

- Project Officer

- Project Stakeholder
16.Which of the following does NOT generate changes to the Project documents:

= Define Activities

- Sequence Activities

- Estimate Activity Resources

- Estimate Activity Durations

17. Which of the following may generate a milestone list:

= Define Activities

- Sequence Activities

- Estimate Activity Resources

- Estimate Activity Durations

18.A schedule activity may begin 10 days before the predecessor activity finishes. This is an example of:

= Finish-to-Start

- Start-to-Finish

- Start-to-Start

- Finish-to-Finish

19.Sam Consultancy is planning to buy ten desktops for $1500 each from a leading computer store.
Which type of contract will get signed in this case?
= Purchase Order

-. Cost plus Fee

-. Fixed cost

-. Time and Material

20.Alice is a Project Manager. She is coordinating a bidder conference to allow vendors to get
clarification on the work that needs to be performed. Which phase of Project Management is in
progress.

=Conduct Procurements

-. Plan Procurements

-. Control Procurements

-. Close Procurements

22 Following is not a faced income bearing security_________

-preference shares
=equity share
- public deposits
-debentuures

23 Additional working capital is___________

- deducted from cost of machine
- ignored
=added to cost of machine
- risk to machine

24. A project is anything which is ___________

-not implicitly expressed
= implicitly expressed
-not a physical objective
-social acceptability

25. Additional working capital is___________

-deducted from cost of machine
-ignored
=added to cost of machine
-risk to machine

26. A project is anything which is ___________

-not implicitly expressed
= implicitly expressed
-not a physical objective
-social acceptability

27. Balance of Payment situation refers to exploiting opportunities in which environment?

-Technological Environment
-Socio-demographic Environment
-Governmental Environment
= Economic Environment

28. Fishbone diagram___________

-identify economy
= identify root causes
-identify project
-identify location

28. Capacity planning__________

- increases waste
-increase cost
=save time
-increase production

30. Which of the following is NOT a source of Project Idea?

- Analysis of Economic & Social Trends
- Attending Trade Fairs
-Identifying unfulfilled psychological needs
=Increase Production
31. Functional type of structure is divided into department based on ___________
-processed
=functions
-planning
-human relations
32. Compatibility with the promoter is a part of ____________?
-Idea Generation
-Secondary Screening
=Preliminary Screening
- None of these

33. To judge the adequacy of market which of this is NOT relevant?

-Competitors and their market shares
-Total Present Domestic Market
= Labour Market
-Export Market

34. Readymade Project Reports are available with ________________

-Banks
-GIIC
-GSFC
=All of the above

35. Training requirement is a____________

=  hr factor
-marketing factor
-administrative factor
-financial factor

36. The cost structure of proposed project must consider _________

-Labour Costs
-Cost of Material Inputs
-Factory Overheads
=All of above

37. Competition from Imports is a proposed risk for new project.

- False
=True
38. Cultural implications of the project are examined by____
=cultural feasibility
-economic feasibility
-marketing feasibility
-technical feasibility

39. Which one of the following is NOT a part to study under Market Appraisal?
=Government
-Customers
-Competitors
-Middlemen

40. What is to be prepared as a first step to avail finance for a new project?
-Promoter’s bio-data
=Project Repor
-Detailed Report
-Summary

41.  Projected Cash flow is mentioned in which part of the Project Report?
=Financial Details
-Summary
-Technical Arrangements
-Production Process
42. New Project Idea may be generated by thinking along_____
-Rearrangement
-Reversal
-Modification
=All of the above

43. Traditionally Indian Business had shortage of inputs like Power, Foreign Exchange,
Important Raw Material, Supply of Agricultural Raw materials etc.
-False
=True
44. With respect to a project resources refer to____________
-Machinery
-Man power
-Materials
=All of the above

45. Which of the following is NOT the facet of Project Analysis?

=Fundamental Analysis
-Financial Analysi
-Market Analysis
-Technical Analysis

46. Questionnaire is a source of _____________ data.

=Primary
-Secondary
-Detailed
-None of the above
47. National Sample Survey Reports are issued by _____________
-Trade Bodies
=Cabinet Secretariat
-RBI
-Trade Unions
48.Census of India is a publication of ________
-SBI
-RBI
=Government of India
-Supreme Court of India
49. A Market Researcher in India has to contend with___________
-Heterogeneity of the country
-Design of Questionnaire
-Multiplicity of Languages
=All of above
50. Coal is which type of raw material?
-Agricultural
-Live Stock and Forest
=Mineral
-Marine

51. Which of the following is NOT considered while making choice of technology?
=Mineral Product
-Principle Inputs
-Ease of Absorption
Plant Capacity

52. Which of the following is not a Causal Method for Demand Forecasting?
= Exponential Smoothing Method
- Leading Indicator Method
- Chain Ratio Method
- Econometric Method
53. Delphi Method is which type of Demand Forecasting Method?
-Time Series Projection
=Qualitative
-Causal
-None of these
54. Which of these is not a method of Demand Forecasting?
-Time Series Projection Methods
-Qualitative Methods
=Financial Methods
-Causal Methods
=
55. Which of the following is NOT a Processed Industrial Material and Component?
-Manufactured Parts
-Spare parts
-Base Metals
=Jute
56. Which of the following is NOT a Demographic Characteristic of a Consumer?
=Response
-Income
-Gender
-Age

57. Which of the following is an Attitudinal Characteristic of a Consumer?

- Habits
-Preference
-Attitude
=All of the above
58. Jute Chronicle is a source of Secondary Information for which Industry?
-Automobile
-Infrastructure
-Pharmaceutical
=Textile
59. Which of the following is NOT a Utility?
-Power
= Land
-Fuel
-Water
60. Non representativeness of the sample may___________
= weaken the results of Market Survey
-enhance the results of the Market Survey
-make the survey accurate
- None of the above
61. Plant Capacity is affected by___________
- Input Constraints
- Investment Cost
- Technological Requirement
= All of the above
62. For a Market Research only Census Survey is done and no Sample Survey necessary.
- True
=False