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    The document contains multiple choice questions about project management concepts. It asks about topics like the grouping of projects, compressing product lifecycles, organizational forms, project phases, requirements for machinery/equipment, income elasticity, authority levels in different structures, demand forecasting methods, types of organizational structures, definitions of projects, costs related to plant capacity, functional area management, matrix structures, price elasticity, effective demand calculation, and factors to consider for organizational structure selection.

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    PM 1 Quiz

    Uploaded by

    smita
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    The document contains multiple choice questions about project management concepts. It asks about topics like the grouping of projects, compressing product lifecycles, organizational forms, project phases, requirements for machinery/equipment, income elasticity, authority levels in different structures, demand forecasting methods, types of organizational structures, definitions of projects, costs related to plant capacity, functional area management, matrix structures, price elasticity, effective demand calculation, and factors to consider for organizational structure selection.

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    project mgmt quiz 1

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    The document contains multiple choice questions about project management concepts. It asks about topics like the grouping of projects, compressing product lifecycles, organizational forms, project phases, requirements for machinery/equipment, income elasticity, authority levels in different structures, demand forecasting methods, types of organizational structures, definitions of projects, costs related to plant capacity, functional area management, matrix structures, price elasticity, effective demand calculation, and factors to consider for organizational structure selection.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views5 pages

    PM 1 Quiz

    Uploaded by

    smita
    The document contains multiple choice questions about project management concepts. It asks about topics like the grouping of projects, compressing product lifecycles, organizational forms, project phases, requirements for machinery/equipment, income elasticity, authority levels in different structures, demand forecasting methods, types of organizational structures, definitions of projects, costs related to plant capacity, functional area management, matrix structures, price elasticity, effective demand calculation, and factors to consider for organizational structure selection.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5
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    Some key takeaways from the passage include the different types of organizational structures for managing projects, factors that influence project selection and scope, and differences between projects and programs.

    The major difference between a project and a program is usually the time frame - a project has a defined beginning and end while a program is a group of related projects managed in a coordinated way.

    Factors like the percentage of work that involves projects and the number of projects an organization has to manage determine what type of organizational structure - functional, dedicated project teams or matrix - is most suitable for an organization.

    Project Management (Merged - ESZG523/MMZG523/QMZG523/HHSMZG519)

    1 The grouping of projects is called

    Select one:

    a. Business Plan

    b. Business Template

    c. Project Template

    d. Program
    2 Compression of the Product Life Cycle results in

    Select one:

    a. producing products in lesser time

    b. changing the variety of products

    c. more products in longer time

    d. lesser products in longer time


    3 In which organization form is the project manager least likely to share resources with other projects
    Select one:

    a. Weak Matrix

    b. Traditional Functional

    c. Projectized

    d. Strong Matrix
    The training to customers and transfer of documents take place in

    Select one:

    a. Planning Phase

    b. Execution Phase

    c. Delivery Phase

    d. Defining Phase
    The requirement of machinery and equipment is dependent on

    Select one:

    a. plant capacity

    b. type of product

    c. production technology

    d. all of the above


    Given Q as demand and I as Income and If Q1 = 60, Q2 = 70, I1 = 1000 and I2 = 1200, What is the
    income elasticity of demand?

    Select one:

    a. 1.00

    b. 0.85

    c. 1.50

    d. 0.50
    In which organizational form does the project manager often have the least amount of authority

    Select one:

    a. Projectiized

    b. Strong Matrix

    c. Traditional Functional

    d. Weak Matrix
    Having too many life cycle phases may be detrimental because

    Select one:

    a. the project manager will need to develop many different plans for each phase

    b. the project manager will spend too much time planning for gate-review meetings rather than managing
    the phases

    c. Executive sponsors will become invisible

    d. Executive sponsors will micromanage


    The major difference between a project and a program is usually

    Select one:

    a. Role of the line manager

    b. time frame

    c. specifcations

    d. Role of the sponsor


    Which of the following is not a project

    Select one:

    a. Setting up a power plant

    b. Attaching tags to a manufactured product

    c. Developing a supply chain information system

    d. Writing a term paper


    Scope and specifications are dealt in

    Select one:
    a. Execution Phase

    b. Planning Phase

    c. Defining Phase

    d. Delivery Phase
    In which organizational form is the worker in the greatest jeopardy of losing his or her job if the project
    gets canceled

    Select one:

    a. Weak Matrix

    b. Projectized

    c. Strong Matrix

    d. Traditional Functional
    The qualitative method for demand forecasting is

    Select one:

    a. Trend Projection Method

    b. Moving Average Method

    c. Exponential Smoothing Method

    d. Delphi Method
    If an organization has both standard products and projects, it should go for

    Select one:

    a. Dedicated team

    b. Matrix type

    c. Traditional Functional

    d. Projectized
    What is a project?

    Select one:

    a. Routine non-repetitive work

    b. Non-Routine non-repetitive work

    c. Routine repetitive work

    d. Non-Routine repetitive work


    As the plant capacity increases, the investment cost per unit

    Select one:

    a. remain the same

    b. zero
    c. increases

    d. decreases
    Projects that remain almost entirely within one functional area are best managed by the

    Select one:

    a. project sponsor

    b. Assigned functional employees

    c. project manager

    d. functional manager
    In which type of matrix structure would a project manager most likely have a command of technology

    Select one:

    a. Balanced Matrix

    b. Strong Matrix

    c. Cross-cultural matrix

    d. Weak Matrix
    In which type of matrix structure would a project manager most likely have a command of technology

    Select one:

    a. Balanced Matrix

    b. Strong Matrix

    c. Cross-cultural matrix

    d. Weak Matrix
    If P is price and Q is demand and if P1 = 40 Q1 = 100000 P2 = 50 Q2 = 95000 then the price elasticity
    of demand is

    Select one:

    a. - 0.23

    b. zero

    c. 1.00

    d. - 0.53
    Effective Demand is calculated as

    Select one:

    a. Production + Imports - Exports + Changes in stock level

    b. Production - Imports - Exports - Change in stock level

    c. Production + Imports - Exports - Change in stock level

    d. Production - Imports + Exports + Changes in stock Level


    Integrated Project Management relates to integrating the project with

    Select one:

    a. financial plan of the organization

    b. functional plans of the organization

    c. competitor's plan of the organization

    d. strategic plan of the organization


    If 80% of the work involves projects, then the organization should consider

    Select one:

    a. Traditional Functional

    b. Dedicated Team

    c. Matrix type

    d. Projectiized
    If the organization has very few projects, it should go for

    Select one:

    a. Matrix type

    b. Traditional Functional

    c. Dedicated teams

    d. Projectized
    The level of effort is maximum in the following phase of any project life cycle

    Select one:

    a. Defining

    b. Executing

    c. Planning

    d. Delivering
    A project is terminated early because the technology cannot be developed and the resources are applied
    to another project that ends up being successful. Which of the following is true concerning the first
    project?

    Select one:

    a. The first project is a failure if the project manager gets reassigned to a less important project

    b. The first project is regarded as a failure

    c. The first project is a success if the termination is done early enough before additional resources are
    squandered

    d. The first project is a success if the project manager gets promoted

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