Project Management Questions and Answers:
Activities that can be accomplished simultaneously are called __ activities.
(a) critical
(b) preceding
(c) succeeding
(d) concurrent
__ is the earliest time an activity can begin
(a) EFT
(b) LST
(c) LFT
(d) EST
A Project is not acceptable for finance if its
(a) BEP is high
(b) IRR is higher than the cost of capital
(c) NAP is positive
(d) NPV is negative Correct
Factory cost does not include
(a) Indirect manufacturing cost
(b) Burden
(c) Factory overheads
(d) Office overheads
The sum of earliest start time and estimated time to perform the project is called __
(a) EFT
(b) LST
(c) LFT
(d) EST
Related: Interpersonal communication skills test
The latest possible time an activity can finish without delaying the project is called __
(a) EFT
(b) LST
(c) LFT
(d) EST
Which of the following is not a trait of decentralization?
(a) Subordinate become liable for the work
(b) It is an end result of a deliberate policy of delegation of authority to the lowest managerial level
(c) It is more suitable to small organizations rather than large organizations
(d) It creates autonomous and self-sufficient units
Difference between latest finish time and estimated time to perform the project is called __
(a) EFT
(b) LST
(c) LFT
(d) EST
__ study is a systematic method adopted to find out the possibility and practicability of starting a project.
(a) profitability
(b) liquidity
(c) feasibility
(d) viability
Related: Quiz to Test Your Knowledge of Leadership
Which of the following is not a phase in the project life cycle:
(a) Pre- investment phase
(b) Construction phase
(c) Normalization phase
(d) Growth phase
An economic region of production consists of:
(a) the positively sloped segments of all isoquants
(b) the negatively sloped segments of all isoquants
(c) the middle of isoquants
(d) the highest points of all isoquants
Which of the following is a technique of project identification:
(a) Desk research
(b) Sensitivity analysis
(c) CVP analysis
(d) None of these
Maximum possible time to complete an activity is __
(a) pessimistic time
(b) optimistic time
(c) most likely time
(d) none of these
Related: MCQs on E-Commerce
Estimated time required in normal conditions complete an activity is __
(a) pessimistic time
(b) optimistic time
(c) most likely time
(d) none of these
__ is a network technique of scheduling and controlling the project where activity times cannot be precisely estimated.
(a) PERT
(b) CPM
(c) BEP
(d) SWOT
Ques. __ represents the activities and events of a project in a logical sequence.
(a) network diagram
(b) project graph
(c) arrow diagram
(d) all of these
Related: Career Planning basic questions
The element of job to be completed in a specific time is known as __
(a) event
(b) activity
(c) network
(d) slack
__ represents the start and end of an activity.
(a) event
(b) activity
(c) network
(d) slack
__ is the unbroken chain of activities from start event to end event in the network diagram
(a) slack
(b) activity
(c) network
(d) path
Related: Consumer Behavior questions and answers
Projects for industrial development is an __ project.
(a) quantifiable
(b) non-quantifiable
(c) sectoral
(d) crash
Additional capital cost are incurred in __ projects to save time.
(a) quantifiable
(b) non-quantifiable
(c) sectoral
(d) crash
Large scale projects are an example of __ project
(a) quantifiable
(b) magnitude oriented
(c) sectoral
(d) crash
Related: Human Resource Management Fundamentals Questions
Activities lying on the critical path are known as __ activities.
(a) critical
(b) preceding
(c) succeeding
(d) concurrent
__ is a contract between the owner and user of the asset to use the asset for a consideration.
(a) venture capital
(b) layered financing
(c) deferred credit
(d) lease financing
Project appraisal is the process of estimating the costs and benefits of a project to arrive at the __ decision.
(a) investment
(b) profitability
(c) liquidity
(d) none of these
Related: Global Marketing Quiz
Project appraisal is usually done by a __ Institution.
(a) Marketing
(b) financial
(c) production
(d) none of these
Project __ is done after the project is implemented.
(a) management
(b) appraisal
(c) evaluation
(d) none
The main object of project appraisal is:
(a) To find whether the project is technically feasible
(b) To ascertain whether the project is financially feasible
(c) To decide whether to accept or reject a project
(d) To know whether the project is eco-friendly
Related: Entrepreneurship quiz
Which one is not an element of project appraisal:
(a) Technical feasibility
(b) Network analysis
(c) Economical viability
(d) Commercial viability
