Top 350+ Solved Project Management MCQ Questions Answer
Q. The following assumptions are made in case of break even analysis, except
a. All fixed costs are fixed
b. All variable costs are fixed
c. The prices of input factors are constant
d. Volume of production and volumes of sales are equal
Q. Which of the following should be taken into account when planning a project?
a. Social environment
b. Political environment
c. Operational environment
d. All of the above
Q. Improvement efforts are determined by:
a. Criticality of problems
b. Current performance
c. Priorities for future output
d. All of the above
Q. Performance measurement is:
a. The determination of improvement efforts.
b. The process of quantifying action.
c. The improvement of operations.
d. The planning and control of operations.
Q. Performance relating to the five operations’ objectives can be plotted on which type of diagram?
a. Quality
b. Outcome
c. Polar
d. Satisfaction
Q. Which kind of standards are those that are set arbitrarily to reflect some level of performance that is regarded as appropriate or reasonable?
a. Competitor performance standards
b. Target performance standards
c. Historical standards
d. Absolute performance standards
Q. For a police department, using competitor performance standards, a competitor might be:
a. A fire service
b. A foreign police authority
c. A similar police department
d. All of the above
Q. What approach is used to compare organisation operations with those of other companies?
a. SWOT analysis
b. PERT analysis
c. Benchmarking
d. Competitor performance assessment
Q. The origins of benchmarking as it is used today go back to which company?
a. Microsoft
b. Toyota
c. Xerox
d. McDonald’s
Q. A comparison between operations or parts of operations that are within the same total organisation is called:
a. Internal benchmarking
b. Competitive benchmarking
c. Non-competitive benchmarking
d. External benchmarking
Q. Benchmarking against external organisations that do not compete directly in the same markets is called:
a. Non-competitive benchmarking
b. Collaborative benchmarking
c. Practice benchmarking
d. Non-assault benchmarking
Q. Which of the following is regarded as a fundamental flaw in the whole concept ofbenchmarking?
a. It limits improvements to currently accepted methods of operating.
b. It does not involve learning.
c. It limits critical thinking.
d. It is not a continuous process.
Q. What matrix positions each factor according to its performance and its importance?
a. Competitive forces matrix
b. Performance importance matrix
c. Importance performance matrix
d. Customer assessment matrix
Q. What do the letter ‘D’ and ‘I’ stand for in Deming’s cycle of improvement?
a. Design and improve
b. Develop and implement
c. Design and implement
d. Define and improve