1.

Project Management
 Course dashboard

Question 1
Question text
When there is a need for customer details, it is best to use Macro Approach of cost and time
estimation
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 2
Question text
As the project life cycle comes nearer to the delivering stage, the chances of risk
occurrence increases
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 3
Question text
Planning Horizon is the stage and movement from the conceptual phase to the point where
individual work packages are defined.
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 4
Question text
1.Create the Network Diagram.
2.Determine the critical path and its duration
3.Make a Gantt Chart starting October 4, 2021. No day-offs
Note:
Your week 1 should start on October 4 and ends on October 10

exam.pptx
Question 5
Flag question
Question text
In estimating project time and cost, possibility of risk should not be considered first in each
activity but only on the entire project
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 6
Question text
Prioritization Matrix defines the project by dividing it into major tasks, sub-tasks and into
activities and their related costs
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 7
Question text
Macro approach is also known as top-down approach.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 8
Flag question
Question text
A milestone is a significant event in a project that occurs at a point in time.
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 9
Flag question
Question text
Balancing performance, time and cost in a project is close to impossible that prioritization
should be made.
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 10
Flag question
Question text
It is in the delivering stage where the major portion of the work takes place.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 11
Flag question
Question text
The first step in defining the project scope is identifying the deliverables.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 12
Flag question
Question text
Project Management is the discipline of planning, organizing and managing resources to
bring about the successful completion of specific project goals and objectives.
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 13
Flag question
Question text
In estimating project time and cost, normal conditions must be applied
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 14
Flag question
Question text
A project is a complex, routinary, one-time effort limited by time, resources and
performance specifications to meet customer demands
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 15
Flag question
Question text
A contingency plan is an alternative plan that will be used if a possible risk event becomes
a reality.
Select one:
True
False
Feedback
The correct answer is 'True'.
Question 16
Flag question
Question text
As the project life cycle comes nearer to the delivering stage, the cost to fix a risk event
increases
Select one:
True
False
Feedback
The correct answer is 'True'.
Finish review