888 + Mcqs in Project Management Page 16 McqOptions

751.	Window-of-opportunity approach is applied before undertaking any technology, considering specifications of
A.	Cost
B.	Time
C.	Performance
D.	All of the Above
Answer» E.

Discussion

752.	By adding numeric weights reflecting the relative importance of each individual factor, we get a
A.	Graded Factor Scoring Model
B.	Unweighted Factor Scoring Model
C.	Weighted Factor Scoring Model
D.	Listed Factor Scoring Model
Answer» D. Listed Factor Scoring Model

Discussion

753.	In any model, if the value of the project drops it may fail the
A.	Decision process
B.	Execution process
C.	Selection process
D.	Testing process
Answer» D. Testing process

Discussion

754.	In general managers feel that insistence on short payout periods tends to
A.	Minimize the risks
B.	Maximize the risks
C.	Normalize the errors
D.	Maximize the errors
Answer» B. Maximize the risks

Discussion

755.	Profitability Index of numeric models is also known as the
A.	Internal rate ratio
B.	Benefit-cost ratio
C.	Profit ratio
D.	Cash flow ratio
Answer» C. Profit ratio

Discussion

756.	The structure of a weighted scoring model is quite
A.	Complex
B.	Straightforward
C.	Less useful
D.	Error-free
Answer» C. Less useful

Discussion

757.	For the calculation of expected benefits and resource needs, we need to include
A.	Time and duration
B.	Market value
C.	Market competition
D.	Capabilities
Answer» B. Market value

Discussion

758.	Scoring models are a direct reflection of
A.	Managerial policy
B.	Organizational policy
C.	Strategic policy
D.	All of the Above
Answer» B. Organizational policy

Discussion

759.	PPP will be incapable of achieving its main objectives, without the commitment of
A.	Middle management
B.	Lower management
C.	Senior management
D.	Team leaders
Answer» D. Team leaders

Discussion

760.	A temporary endeavor undertaken to create a unique product or service is known as
A.	Program
B.	Process
C.	Project
D.	Operations
Answer» D. Operations

Discussion

761.	Project Formation covers some fundamental issues, which are of
A.	2 types
B.	3 types
C.	4 types
D.	5 types
Answer» D. 5 types

Discussion

762.	A solution in which no party can be made better off without making another party worse off by the same amount or more, is known as
A.	win-win solution
B.	win-lose solution
C.	lose-lose solution
D.	Pareto-Optimal Solution
Answer» E.

Discussion

763.	The causes for change in projects are basically of
A.	2 types
B.	3 types
C.	4 types
D.	6 types
Answer» C. 4 types

Discussion

764.	PM will also be involved in making choices that require balancing in
A.	Goals of the project
B.	Goals of the firm
C.	both a and b
D.	Goals of the resources
Answer» D. Goals of the resources

Discussion

765.	PM forces operates in a society that assumes that
A.	Technology is not sufficient
B.	Technology is Time-taking
C.	Technology can do anything
D.	Human force is everything
Answer» D. Human force is everything

Discussion

766.	The invariably ignored sub process in the risk management process is
A.	Risk monitoring and controlling
B.	Qualitative Risk Analysis
C.	Risk Identification
D.	Risk Management Data Bank
Answer» E.

Discussion

767.	The most effective team members have high quality technical skills, Strong problem orientation and
A.	Political sensitivity
B.	Strong goals
C.	High self esteem
D.	All of the Above
Answer» E.

Discussion

768.	An easy-to-use approach that is well-adapted to evaluating the risk in certain situations is known as
A.	Indirect Simulation
B.	Vague Simulations
C.	Monte Carlo simulation
D.	Modulated Simulations
Answer» D. Modulated Simulations

Discussion

769.	The use of multiple key words and categories at the risk management group, is
A.	Ideal
B.	Simple
C.	Integrated
D.	Critical
Answer» E.

Discussion

770.	The person responsible for the installation, testing, and support of the product is
A.	Contract Administrator
B.	Test Engineer
C.	Project Controller
D.	Support Services Manager
Answer» C. Project Controller

Discussion

771.	Risk of scope change caused by increased user knowledge can be managed by improving the communication with the client and establishment of a
A.	Formal process to handle change
B.	Informal process to handle change
C.	Compromises to handle change
D.	Interface to handle change
Answer» B. Informal process to handle change

Discussion

772.	Software projects often occur in
A.	Chunks
B.	Bits
C.	Clusters
D.	Segments
Answer» D. Segments

Discussion

773.	The Project plans have been developed and approved by everyone, at the level of
A.	Project Phase-out
B.	Main program
C.	Project formation
D.	Project Buildup
Answer» C. Project formation

Discussion

774.	Project managers need to face a number of problems, and to deal with them they use
A.	Models
B.	Report reviews
C.	Charts
D.	Profit Review calculations
Answer» B. Report reviews

Discussion

775.	The excellent predictors of a project's commercial success includes expected profitability and
A.	Technological opportunity
B.	Development risk
C.	Appropriability
D.	All of the Above
Answer» E.

Discussion

776.	The division of authority and responsibility inherent in matrix management is
A.	Simple
B.	Cheap
C.	Complex
D.	Uncertain
Answer» D. Uncertain

Discussion

777.	The First Point of Principled Negotiation is
A.	Separate the people from the problem
B.	Focus on interests, not positions
C.	Invent options for mutual gain
D.	Insist on using objective criteria
Answer» B. Focus on interests, not positions

Discussion

778.	The two basic types of project selection models are
A.	Numeric
B.	Nonnumeric
C.	Alphanumeric
D.	both a and b
Answer» E.

Discussion

779.	In Project Selection models, the measures may be either subjective or objective, quantitative or qualitative, but they must be
A.	Numeric
B.	Reliable
C.	Valid
D.	All of the Above
Answer» E.

Discussion

780.	In Q-Sort technique, the project is divided into three groups, according to their relative
A.	Lists
B.	Ranks
C.	Merits
D.	Budgets
Answer» D. Budgets

Discussion

781.	Models that allow the fact that some criteria are more important than others is known as
A.	Profitability index model
B.	NPV modelling
C.	Unweighted factor scoring
D.	Weighted scoring
Answer» E.

Discussion

782.	In nonnumeric models, investment in an operating necessity project takes precedence over a
A.	Competitive Necessity
B.	Comparative Benefit Model
C.	The Sacred Cow
D.	The Product Line Extension
Answer» B. Comparative Benefit Model

Discussion

783.	In unweighted factor scoring model, discrete numeric scale is used to represent the degree to which a criterion is satisfied is
A.	Commonly followed
B.	Commonly failed
C.	Widely rejected
D.	Widely accepted
Answer» E.

Discussion

784.	The law of addition is not applicable upon
A.	Subjective
B.	Objective
C.	Quantity
D.	Quality
Answer» E.

Discussion

785.	Consistent performance of any object shows its
A.	Availability
B.	Validity
C.	Invalidity
D.	Reliability
Answer» E.

Discussion

786.	Reference to a standard that is internal to the system is said to be
A.	Measured output
B.	Measured input
C.	Objective
D.	Subjective
Answer» E.

Discussion

787.	Some organizations follows algorithmic proceeding as an approach for decision making because of
A.	Minimal human Involvement
B.	Minimal human responsibility
C.	Minimal human decisions
D.	All of the Above
Answer» E.

Discussion

788.	In selection modelling, avoiding information merely because it is subjective or qualitative is an
A.	Error
B.	Weakens decision
C.	Strengthens decision
D.	both a and b
Answer» E.

Discussion

789.	A measurement taken by reference to an external standard is said to be
A.	Objective
B.	Subjective
C.	Assumed
D.	Measured data
Answer» B. Subjective

Discussion

790.	For any project the word objective is held to be synonymous with
A.	Fact
B.	Option
C.	Opinion
D.	Assumption
Answer» B. Option

Discussion

791.	The best person to select as PM is the one who will get the
A.	Job done
B.	Problem solved
C.	Data management
D.	Conflicts resolved
Answer» B. Problem solved

Discussion

792.	Thamhain's examination of the data, says that the conflicts fundamentally falls into
A.	2 categories
B.	3 categories
C.	4 categories
D.	5 categories
Answer» C. 4 categories

Discussion

793.	A measure can be reliable but not
A.	Invalid
B.	Valid
C.	Measurable
D.	Accountable
Answer» C. Measurable

Discussion

794.	The second-ranked source of conflict during phase-out, is
A.	Technical conflicts
B.	Personality Conflicts
C.	Managerial Conflicts
D.	Planning Conflicts
Answer» C. Managerial Conflicts

Discussion

795.	The cause of change in environment can be managed by having some
A.	Restoration
B.	Backups
C.	Flexibility
D.	Error management technology
Answer» D. Error management technology

Discussion

796.	The accomplishment of routine departmental tasks have been previously handled as
A.	Functional effort
B.	Ancillary effort
C.	Compound effort
D.	All of the Above
Answer» B. Ancillary effort

Discussion

797.	For success factor, project needs to cover dimensions, like
A.	Project efficiency and Scope
B.	Impact on customer
C.	Clients views
D.	both a and b
Answer» E.

Discussion

798.	The project schedule is designed and project costs are estimated at the same time as the
A.	Project's environment definition
B.	Project's technology definition
C.	Project's health definition
D.	both a and c
Answer» C. Project's health definition

Discussion

799.	The functional form is preferred for projects that will require
A.	Large capital Investment
B.	Small Capital Investment
C.	Small Projects
D.	Megaprojects
Answer» B. Small Capital Investment

Discussion

800.	A unique role of the PM is to contrast it with that of a functional manager in charge of one of a firm?s functional departments such as
A.	Marketing
B.	Engineering
C.	Finance
D.	All of the Above
Answer» E.

Discussion

Explore topic-wise MCQs in Software Engg.

Window-of-opportunity approach is applied before undertaking any technology, considering specifications of

By adding numeric weights reflecting the relative importance of each individual factor, we get a

In any model, if the value of the project drops it may fail the

In general managers feel that insistence on short payout periods tends to

Profitability Index of numeric models is also known as the

The structure of a weighted scoring model is quite

For the calculation of expected benefits and resource needs, we need to include

Scoring models are a direct reflection of

PPP will be incapable of achieving its main objectives, without the commitment of

A temporary endeavor undertaken to create a unique product or service is known as

Project Formation covers some fundamental issues, which are of

A solution in which no party can be made better off without making another party worse off by the same amount or more, is known as

The causes for change in projects are basically of

PM will also be involved in making choices that require balancing in

PM forces operates in a society that assumes that

The invariably ignored sub process in the risk management process is

The most effective team members have high quality technical skills, Strong problem orientation and

An easy-to-use approach that is well-adapted to evaluating the risk in certain situations is known as

The use of multiple key words and categories at the risk management group, is

The person responsible for the installation, testing, and support of the product is

Risk of scope change caused by increased user knowledge can be managed by improving the communication with the client and establishment of a

Software projects often occur in

The Project plans have been developed and approved by everyone, at the level of

Project managers need to face a number of problems, and to deal with them they use

The excellent predictors of a project's commercial success includes expected profitability and

The division of authority and responsibility inherent in matrix management is

The First Point of Principled Negotiation is

The two basic types of project selection models are

In Project Selection models, the measures may be either subjective or objective, quantitative or qualitative, but they must be

In Q-Sort technique, the project is divided into three groups, according to their relative

Models that allow the fact that some criteria are more important than others is known as

In nonnumeric models, investment in an operating necessity project takes precedence over a

In unweighted factor scoring model, discrete numeric scale is used to represent the degree to which a criterion is satisfied is

The law of addition is not applicable upon

Consistent performance of any object shows its

Reference to a standard that is internal to the system is said to be

Some organizations follows algorithmic proceeding as an approach for decision making because of

In selection modelling, avoiding information merely because it is subjective or qualitative is an

A measurement taken by reference to an external standard is said to be

For any project the word objective is held to be synonymous with

The best person to select as PM is the one who will get the

Thamhain's examination of the data, says that the conflicts fundamentally falls into

A measure can be reliable but not

The second-ranked source of conflict during phase-out, is

The cause of change in environment can be managed by having some

The accomplishment of routine departmental tasks have been previously handled as

For success factor, project needs to cover dimensions, like

The project schedule is designed and project costs are estimated at the same time as the

The functional form is preferred for projects that will require

A unique role of the PM is to contrast it with that of a functional manager in charge of one of a firm?s functional departments such as