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Project Management

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Naveen. K
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0% found this document useful (0 votes)
12 views

Project Management

Uploaded by

Naveen. K
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1. Which of the following has primary responsibility for establishing design and test specifications?

(A) Senior management (B) Procurement (C) Engineering (D) Quality control

36. All of the following are correct statements about a project manager except?

(A) They are assigned after performance reports are distribute. (B) They have the authority to say no
when necessary. (C) They manage changes and factors that create change. (D) They are held
accountable for project success or failure.

2. The role of each stakeholder is determined by:

(A) The stakeholder and the sponsor. (B) The project manager and the sponsor. (C) The team and the
project manager. (D) The project manager and the stakeholder.

3. The best time to assign a project manager to a project is during:

(A) execution. (B) closure. (C) initiation. (D) planning.

4. What is the cost of choosing one project and giving up another?

(A) Sunk (B) Opportunity cost (C) NPV (D) Fixed

5. A project manager has just been assigned to a new project and has been given the completed project
scope. Which of the following should the project manager do first?

(A) Create a project plan using the WBS. (B) Confirm that all the stakeholders have had input to the
scope of work. (C) Form a team to create the procurement plan. (D) Create a network diagram.

6. The engineering department wants the project objectives to be a 10% improvement in throughput.
The information technology department wants no more than 5% of its resources to be used on the
project. The sponsor, who is also your boss, wants the project team to decrease tax liability. Which of
the following is the best option?

(A) Include the engineering and information technology objectives but hold further meetings regarding
the sponsor's objectives. (B) Include only the sponsor's requirements. (C) Put a plan together that meets
all the objectives. (D) Have these people get together and agree on one objective.

7. What does a benefit cost ratio of 2.1 mean?

(A) The payback is 2.1 times the costs. (B) The cost is 2.1 times the profit. (C) The costs are 2.1 times the
benefits. (D) The profit is 2.1 times the costs. 43. The funds available for a company to invest in projects
is called: (A) Value analysis. (B) Direct cost. (C) Working capital. (D) Sunk costs.

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