Top 350+ Solved Project Management MCQ Questions Answer

From 46 to 60 of 323

Q. Ishikawa Diagrams are another name for what technique of improvement?

a. Cause-effect diagrams

b. Input-output analysis

c. Process maps

d. Scatter diagrams

  • a. Cause-effect diagrams

Q. The principles of the business process re-engineering (BPR) approach do NOT include:

a. Checking that all internal customers act as their own suppliers to identify problems.

b. Scrapping any process line over two years old and starting again from scratch.

c. Striving for improvements in performance by radical rethinking and redesigning the process.

d. Rethinking business processes cross-functionally to organise work around natural information flows.

  • b. Scrapping any process line over two years old and starting again from scratch.

Q. Qualifying competitive factors are those which:

a. Directly win business for the operation.

b. Need to be better than a good industry standard.

c. Are relatively unimportant compared with the others.

d. May not win extra business if the operation improves its performance but can certainly lose business if performance falls below a particular point.

  • d. May not win extra business if the operation improves its performance but can certainly lose business if performance falls below a particular point.

Q. Which of the following is not a tool and technique used in the process of Plan Risk Responses

a. Contingent Response Strategies

b. Expert Judgment

c. Risk and Impact Matrix

d. Strategies for positive risks or opportunities

  • c. Risk and Impact Matrix

Q. 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?

a. Identify Risks

b. Plan Risk responses

c. Perform Qualitative risk analysis

d. Perform Quantitative risk analysis

  • d. Perform Quantitative risk analysis

Q. Supplier risk is highest with ___________.

a. Cost plus incentives fee.

b. Cost sharing.

c. Firm fixed price contract.

d. Fixed price plus incentives.

  • c. Firm fixed price contract.

Q. You have just completed Qualitative Risk Analysis of the project. What should you bedoing next?

a. Plan Risk Management

b. Perform Quantitative Risk Analysis

c. Plan Risk Responses

d. Control Risks

  • b. Perform Quantitative Risk Analysis

Q. Risk Management Plan may include

a. Budgeting, Timing, Thresholds, Methodology

b. Risks, Triggers, Inputs to other processes

c. Avoided, Transferred, Mitigated and Accepted Risks

d. Risk Response Audits, Earned Value Analysis, Technical Performance Measurement

  • a. Budgeting, Timing, Thresholds, Methodology

Q. Reserve analysis is NOT a Tool/Technique in which of the following processes?

a. Cost Estimation

b. Activity Duration estimation

c. Cost Budgeting

d. Activity Resource Estimation

  • d. Activity Resource Estimation

Q. Which of the following is not a tool or technique used during the Risk Quantification Process?

a. Risk Categorization

b. Contingency planning

c. Probability and Impact Matrix

d. Risk Data Quality Assessment

  • b. Contingency planning

Q. Risk management is responsibility of the

a. Customer

b. Investor

c. Developer

d. Project team

  • d. Project team

Q. What is associated with product risk?

a. Control of test item

b. Negative consequences

c. non-availability of test environment

d. Test object

  • d. Test object

Q. A ____________ is a temporary endeavor undertaken to create a unique product service orresult.

a. Assignment

b. Product

c. Research

d. Project

  • d. Project

Q. The basic nature of a project is a/an _____ one.

a. permanent

b. temporary

c. (A) or (B)

d. Both (A) and (B)

  • b. temporary
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