Project Management (Merged - ESZG523/MMZG523/QMZG523/HHSMZG519)
1 The grouping of projects is called
Select one:
a. Business Plan
b. Business Template
c. Project Template
d. Program
2 Compression of the Product Life Cycle results in
Select one:
a. producing products in lesser time
b. changing the variety of products
c. more products in longer time
d. lesser products in longer time
3 In which organization form is the project manager least likely to share resources with other projects
Select one:
a. Weak Matrix
b. Traditional Functional
c. Projectized
d. Strong Matrix
The training to customers and transfer of documents take place in
Select one:
a. Planning Phase
b. Execution Phase
c. Delivery Phase
d. Defining Phase
The requirement of machinery and equipment is dependent on
Select one:
a. plant capacity
b. type of product
c. production technology
d. all of the above
Given Q as demand and I as Income and If Q1 = 60, Q2 = 70, I1 = 1000 and I2 = 1200, What is the
income elasticity of demand?
Select one:
a. 1.00
b. 0.85
c. 1.50
d. 0.50
In which organizational form does the project manager often have the least amount of authority
Select one:
a. Projectiized
b. Strong Matrix
c. Traditional Functional
d. Weak Matrix
Having too many life cycle phases may be detrimental because
Select one:
a. the project manager will need to develop many different plans for each phase
b. the project manager will spend too much time planning for gate-review meetings rather than managing
the phases
c. Executive sponsors will become invisible
d. Executive sponsors will micromanage
The major difference between a project and a program is usually
Select one:
a. Role of the line manager
b. time frame
c. specifcations
d. Role of the sponsor
Which of the following is not a project
Select one:
a. Setting up a power plant
b. Attaching tags to a manufactured product
c. Developing a supply chain information system
d. Writing a term paper
Scope and specifications are dealt in
Select one:
a. Execution Phase
b. Planning Phase
c. Defining Phase
d. Delivery Phase
In which organizational form is the worker in the greatest jeopardy of losing his or her job if the project
gets canceled
Select one:
a. Weak Matrix
b. Projectized
c. Strong Matrix
d. Traditional Functional
The qualitative method for demand forecasting is
Select one:
a. Trend Projection Method
b. Moving Average Method
c. Exponential Smoothing Method
d. Delphi Method
If an organization has both standard products and projects, it should go for
Select one:
a. Dedicated team
b. Matrix type
c. Traditional Functional
d. Projectized
What is a project?
Select one:
a. Routine non-repetitive work
b. Non-Routine non-repetitive work
c. Routine repetitive work
d. Non-Routine repetitive work
As the plant capacity increases, the investment cost per unit
Select one:
a. remain the same
b. zero
c. increases
d. decreases
Projects that remain almost entirely within one functional area are best managed by the
Select one:
a. project sponsor
b. Assigned functional employees
c. project manager
d. functional manager
In which type of matrix structure would a project manager most likely have a command of technology
Select one:
a. Balanced Matrix
b. Strong Matrix
c. Cross-cultural matrix
d. Weak Matrix
In which type of matrix structure would a project manager most likely have a command of technology
Select one:
a. Balanced Matrix
b. Strong Matrix
c. Cross-cultural matrix
d. Weak Matrix
If P is price and Q is demand and if P1 = 40 Q1 = 100000 P2 = 50 Q2 = 95000 then the price elasticity
of demand is
Select one:
a. - 0.23
b. zero
c. 1.00
d. - 0.53
Effective Demand is calculated as
Select one:
a. Production + Imports - Exports + Changes in stock level
b. Production - Imports - Exports - Change in stock level
c. Production + Imports - Exports - Change in stock level
d. Production - Imports + Exports + Changes in stock Level
Integrated Project Management relates to integrating the project with
Select one:
a. financial plan of the organization
b. functional plans of the organization
c. competitor's plan of the organization
d. strategic plan of the organization
If 80% of the work involves projects, then the organization should consider
Select one:
a. Traditional Functional
b. Dedicated Team
c. Matrix type
d. Projectiized
If the organization has very few projects, it should go for
Select one:
a. Matrix type
b. Traditional Functional
c. Dedicated teams
d. Projectized
The level of effort is maximum in the following phase of any project life cycle
Select one:
a. Defining
b. Executing
c. Planning
d. Delivering
A project is terminated early because the technology cannot be developed and the resources are applied
to another project that ends up being successful. Which of the following is true concerning the first
project?
Select one:
a. The first project is a failure if the project manager gets reassigned to a less important project
b. The first project is regarded as a failure
c. The first project is a success if the termination is done early enough before additional resources are
squandered
d. The first project is a success if the project manager gets promoted
