On This Page

This set of Project Management Multiple Choice Questions & Answers (MCQs) focuses on Project Management Set 10

Q1 | The following are the most important points of a detailed system proposal(i) who will supply and install the required equipment(ii) cost-benefit analysis(iii) comparison of alternative solutions(iv) implementation plan
  • i, ii and iii
  • i, iii and iv
  • ii, iii and iv
  • ii and iii
Q2 | At the end of the feasibility study the systems analyst
  • meets the users for a discussion
  • gives a summary feasibility report to the management
  • gives a systems proposal to management
  • tells the top management if the system is not feasible
Q3 | The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business is known as a:
  • feasibility analysis
  • business plan
  • strategic analysis
  • industry analysis
Q4 | A cost-benefit analysis is performed to assess
  • economic feasibility
  • operational feasibility
  • technical feasibility
  • all of the above
Q5 | The primary objective of cost-benefit analysis is
  • to find out direct and indirect cost of developing the information system
  • to determine the tangible benefits of the information system
  • to determine if it is economically worthwhile to invest in developing the information system
  • to determine the intangible benefits of the information system
Q6 | The following assumptions are made in case of break even analysis, except
  • All fixed costs are fixed
  • All variable costs are fixed
  • The prices of input factors are constant
  • Volume of production and volumes of sales are equal
Q7 | At breakeven point there is
  • Profit
  • Loss
  • No profit or loss
  • None of these
Q8 | Which of the following should be taken into account when planning a project?
  • Social environment
  • Political environment
  • Operational environment
  • All of the above
Q9 | Improvement efforts are determined by:
  • Criticality of problems
  • Current performance
  • Priorities for future output
  • All of the above
Q10 | Performance measurement is:
  • The determination of improvement efforts.
  • The process of quantifying action.
  • The improvement of operations.
  • The planning and control of operations.
Q11 | Performance relating to the five operations’ objectives can be plotted on which type of diagram?
  • Quality
  • Outcome
  • Polar
  • Satisfaction
Q12 | Which kind of standards are those that are set arbitrarily to reflect some level of performance that is regarded as appropriate or reasonable?
  • Competitor performance standards
  • Target performance standards
  • Historical standards
  • Absolute performance standards
Q13 | For a police department, using competitor performance standards, a competitor might be:
  • A fire service
  • A foreign police authority
  • A similar police department
  • All of the above
Q14 | What approach is used to compare organisation operations with those of other companies?
  • SWOT analysis
  • PERT analysis
  • Benchmarking
  • Competitor performance assessment
Q15 | The origins of benchmarking as it is used today go back to which company?
  • Microsoft
  • Toyota
  • Xerox
  • McDonald’s
Q16 | A comparison between operations or parts of operations that are within the same total organisation is called:
  • Internal benchmarking
  • Competitive benchmarking
  • Non-competitive benchmarking
  • External benchmarking
Q17 | Benchmarking against external organisations that do not compete directly in the same markets is called:
  • Non-competitive benchmarking
  • Collaborative benchmarking
  • Practice benchmarking
  • Non-assault benchmarking
Q18 | Which of the following is regarded as a fundamental flaw in the whole concept ofbenchmarking?
  • It limits improvements to currently accepted methods of operating.
  • It does not involve learning.
  • It limits critical thinking.
  • It is not a continuous process.
Q19 | What matrix positions each factor according to its performance and its importance?
  • Competitive forces matrix
  • Performance importance matrix
  • Importance performance matrix
  • Customer assessment matrix
Q20 | What do the letter ‘D’ and ‘I’ stand for in Deming’s cycle of improvement?
  • Design and improve
  • Develop and implement
  • Design and implement
  • Define and improve
Q21 | Ishikawa Diagrams are another name for what technique of improvement?
  • Cause-effect diagrams
  • Input-output analysis
  • Process maps
  • Scatter diagrams
Q22 | The principles of the business process re-engineering (BPR) approach do NOT include:
  • Checking that all internal customers act as their own suppliers to identify problems.
  • Scrapping any process line over two years old and starting again from scratch.
  • Striving for improvements in performance by radical rethinking and redesigning the process.
  • Rethinking business processes cross-functionally to organise work around natural information flows.
Q23 | Qualifying competitive factors are those which:
  • Directly win business for the operation.
  • Need to be better than a good industry standard.
  • Are relatively unimportant compared with the others.
  • May not win extra business if the operation improves its performance but can certainly lose business if performance falls below a particular point.
Q24 | Which of the following is not a tool and technique used in the process of Plan Risk Responses
  • Contingent Response Strategies
  • Expert Judgment
  • Risk and Impact Matrix
  • Strategies for positive risks or opportunities
Q25 | During which stage of Risk planning are modeling techniques used to determine overall effects of risks on project objectives for high probability, high impact risks?
  • Identify Risks
  • Plan Risk responses
  • Perform Qualitative risk analysis
  • Perform Quantitative risk analysis