AIMS

Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

Course Code: Title:

Please check (  ) the appropriate box that corresponds to the type of assessment.
Periodic Exam: ( ) MIDTERM ( ) FINALS

Course Learning
Outcome Outcome Topics Taxonomy Test Items/Questions
Ref No. Ref No
CO1 LO1.1 Gather and use Remember 1. Which of these is not one of the constraints of a project?
customer insights
to - Scope
guide product
strategy. 2. - Resources
Analyze the
financial, =Team
competitive, and
growth prospects - Budget
for a sector. 3.
Define and
prioritize a
minimum viable 2. Which of the following is not correct about initial phase of a project?
solution.
= 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

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 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

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

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

= 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

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

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

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:

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

- Performance Analysis

- Quality Metrics

= Process Improvement Plan

- Quality Improvement Plan

Understanding 1. Root Cause Analysis relates to:

= Process Analysis

- Quality Audits

- Quality Control Measurements

- Performance Measurements

2..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

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

- Flowcharting

- Control Charting

3. 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.

4.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

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

5.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

Apply 1.Which of the following does NOT generate changes to the Project documents:

= Define Activities

- Sequence Activities

- Estimate Activity Resources

- Estimate Activity Durations

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

= Define Activities

- Sequence Activities

- Estimate Activity Resources

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

- Estimate Activity Durations

3.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

4.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

5.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
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

progress.

=Conduct Procurements

- Plan Procurements

- Control Procurements

- Close Procurements

Analyze

LO1.2 Analyze the Remember 1.Following is not a faced income bearing security_________
financial, -preference shares
competitive, and
=equity share
growth prospects
for a sector. - public deposits
-debentuures

2.Additional working capital is___________

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

3. A project is anything which is ___________

-not implicitly expressed

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

= implicitly expressed
-not a physical objective
-social acceptability

4. Additional working capital is___________

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

5.A project is anything which is ___________

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

Understanding 1. Balance of Payment situation refers to exploiting opportunities in which

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

2. Fishbone diagram___________
-identify economy
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

= identify root causes

-identify project
-identify location

3. Capacity planning__________
- increases waste
-increase cost
=save time
-increase production

4. 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

5. 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

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

LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

-Competitors and their market shares

-Total Present Domestic Market
= Labour Market
-Export Market

7. Readymade Project Reports are available with ________________

-Banks
-GIIC
-GSFC
=All of the above

Apply

Analyze 1. Training requirement is a____________

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

2. The cost structure of proposed project must consider _________

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

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

- False
=True
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

4. Cultural implications of the project are examined by____

=cultural feasibility
-economic feasibility
-marketing feasibility
-technical feasibility

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

LO2.1 1Define and Remember 1. What is to be prepared as a first step to avail finance for a new project?
prioritize a -Promoter’s bio-data
minimum viable
=Project Repor
solution.
-Detailed Report
-Summary

2. Projected Cash flow is mentioned in which part of the Project Report?

=Financial Details
-Summary
-Technical Arrangements
-Production Process

3. New Project Idea may be generated by thinking along_____

-Rearrangement
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

-Reversal
-Modification
=All of the above

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

Understanding 1. Questionnaire is a source of _____________ data.

=Primary
-Secondary
-Detailed
-None of the above

2. National Sample Survey Reports are issued by _____________

-Trade Bodies
=Cabinet Secretariat
-RBI
-Trade Unions

3.Census of India is a publication of ________

-SBI
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

-RBI
=Government of India
-Supreme Court of India

Apply

Analyze 1. A Market Researcher in India has to contend with___________

-Heterogeneity of the country
-Design of Questionnaire
-Multiplicity of Languages
=All of above

2. Coal is which type of raw material?

-Agricultural
-Live Stock and Forest
=Mineral
-Marine

3. Which of the following is NOT considered while making choice of technology?

=Mineral Product
-Principle Inputs
-Ease of Absorption
Plant Capacity

4. Which of the following is not a Causal Method for Demand Forecasting?

= Exponential Smoothing Method
- Leading Indicator Method
- Chain Ratio Method
LTD-4F.4.092622.11
 AIMS
Pasay City,
TEST SPECIFICATION
Philippines _____Trimester / A.Y. _______

- Econometric Method
5.. Delphi Method is which type of Demand Forecasting Method?
-Time Series Projection
=Qualitative
-Causal
-None of these

Prepared by: Reviewed by: Validated/Approved by:

Faculty Course Chair Course Area Chair

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