Project Management MCQ

Question 31 : Earliest expected time of completion for an activity is found using

1. Expected time calculation
2. Forward Pass method
3. Backword Pass Method
4. Crashing

Question 32 : Latest starting date for an activity is estimated using

1. Resource leveling
2. Backword Pass Method
3. Forward Pass method
4. Crashing

Question 33 : Select the correct statement from the following

1. Slack or float of dummy activity is always equal to zero
2. There is always only one critical path in the network
3. A path is called a critical path if it is the longest path in a project network
4. Crashing cost linearly increases with no of days crashed

Question 34 : Why does activities on critical path of a CPM network are called critical

1. They represent maximum project completion time
2. They cannot tolerate any delay in completion
3. They consume maximum rresources
4. These are most cpmplex activities on project

Question 35 : If an activity with free slack time of 2 weeks is delayed by 1 week

1. the project will be delayed by 1 week.
2. the slack time of all activities that follow this activity is reduced by 1 week.
3. no other activity in the project is affected.
4. the probability of completing the project on time decreases.

Question 36 : When many activities are planned to start at the same time in project schedule, the project is likely to be following

1. Goldratt's Critical Chain
2. Concurrent Engineering
3. Research and Development Project
4. laddering approach

Question 37 : A projeect has three independent critical paths A (Having maximum no. of activities), B(Using maximum rsources) and C(Having maximum crashing cost). To reduce the project length, we have to crash

1. Activities on Path A
2. Activities on Path B
3. Activities on Path C
4. Activities on Paths A, B and C simultaneously

Question 38 : In PERT, if the pessimistic time were 14 weeks, the optimistic time were 8 weeks, and the most likely time were 11 weeks,

1. the variance would be 1 week.
2. the variance would be 11 weeks.
3. the expected time would be 6 weeks.
4. the expected time would be 5.5 weeks.

Question 39 : Project Manager is looking at a document that outlines the specific tasks and subtasks required to complete the writing of program for accounting system. The document is most likely the …....

1. Responsibility matrix
2. Organization breakdown structure
3. Work breakdown structure
4. Priority matrix

Question 40 : The lowest element in the hierarchical breakdown of the WBS is

1. Deliverable
2. Work package
3. Responsibility matrix
4. Bottoms up budget

Question 41 : Cost accountant is forecasting how much money her department needs to support a new project. She estimates that two people and Rs.2.5 lakhs in expenses will cover her needs. Since usually management insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. This is example of..

1. Padding of estimates
2. Planning horizon
3. People behaviour
4. Organization culture

Question 42 : Which of the following is a good condition for top-down estimating?

1. Tight Cost and time deadlines
2. Internal, small project
3. Fixed price contract
4. Customer wants details of estimates

Question 43 : Information to develop a project network is collected from the

1. Work breakdown structure
2. Budget
3. Project proposal
4. Responsibility matrix

Question 44 : Part of a project is to 'Develop Product Specifications'. This is best classified as a(an)

1. Event
2. Path
3. Activity
4. Milestone

Question 45 : A critical path of a projeect has four independent activities A(5,1.666), B(15,1.666), D(4,0.444) and E(5,0). The bracketed terms are (expected time, standard deviation) The expected duration of critical path is …... and variance of critical path is …....

1. 29 , 2.39
2. 29 , 5.75
3. 29 , 3.77
4. 24 , 3.77

Question 46 : A project has following activities with their duration in brackets. 1-2(6), 1-3(5), 3-4(5), 2-4(5), 2-5(8) and 4-5(2). What is the duration of the project?

1. 12
2. 16
3. 14
4. 13

Question 47 : A critical path of a projeect has three independent activities A(5,1), B(3,1) and D(4,2). The bracketed terms are (expected time, standard deviation) The expected duration of critical path is …... and probability of completing it in that duration is….

1. 12, 50%
2. 12, 98%
3. 8, 50%
4. 9, 98%

Question 48 : An activity considered for PERT scheduling has estimated durations as, optimistic 5 days, pessimistic 10 days, and most likely 6 days. What is the expected time duration for this activity?

1. 6.5 days
2. 9 days
3. 8.5 days
4. 5.5 days

Question 49 : An activity on the CPM network has Early start on 8th day, Early Finish is 14th day, Late start is 10th day and Late finish is 16th day. What is the float available for this activity?

1. 6 days
2. 8 days
3. 1 day
4. 2 days

Question 50 : The project has critical path duration of 21 weeks and the variance of critical path is 3.44. What is completion time corresponding to 98% probability if Z value is 2.06 for 98% probability?

1. 21 weeks
2. 25 weeks
3. 28 weeks
4. 20 weeks

Question 51 : The percentage of likelihood of every risk is -

1. 1
2. 0.75
3. 0.5
4. 0.25

Question 52 : Risk management is responsibility of the -

1. Customer
2. Investor
3. Developer
4. Project team

Question 53 : Which of the following technique will ensure that impact of risk will be less?

1. Risk avoidance technique
2. Risk Mitigation technique
3. Risk contingency technique
4. Risk monotoring technique

Question 54 : What is associated with product risk?

1. Control of test item
2. Negative consequences
3. non-availability of test environment
4. Test object

Question 55 : What is risk?

1. Negative consequence that could occur
2. Negative consequence that will occur
3. Negative consequence that must occur
4. Negative consequence that shall occur

Question 56 : A document you use to capture all known risks is called

1. Risk Log
2. Risk Register
3. Risk List
4. Risk Diary

Question 57 : A process that involves prioritizing risks for further action or analysis by assessing the impact and the probability of occurrence is called-

1. Qualitative Risk Analysis
2. Risk Brainstorming
3. Quantitative Risk Analysis
4. Risk Retrospective

Question 58 : When do you perform Risk Identification?

1. At the beginning of a project.
2. During project planning.
3. During the whole lifetime of a project.
4. During project execution.

Question 59 : What is the correct option in which terms the Risk is expressed ?

1. probability and impact.
2. probability and cost
3. probability and time
4. probability and data

Question 60 : What assess the risk and your plans for risk mitigation and revise these when you learn more about the risk?

1. Risk monitoring
2. Risk planning
3. Risk analysis
4. Risk identification