(A) More predictability
(B) Easy identification or termination failing projects
(C) Cost overruns
(D) Segregation of duties
The answer is: (C) Cost overruns
Cost overruns is the consequence of the absence of project management.
Project Management MCQs Quiz Test Questions with Answers. Project Management Theory (PMT) Multiple Choice Questions and Answers Test. These project management quiz are from theory and practices in project management, measures of project success, principals of project management, project management tools and techniques. The five phases of a project (also called “The Project Life Cycle”) are: (1) project initiation, (2) project planning, (3) project execution, (4) project monitoring and (5) project closing.
(A) More predictability
(B) Easy identification or termination failing projects
(C) Cost overruns
(D) Segregation of duties
The answer is: (C) Cost overruns
Cost overruns is the consequence of the absence of project management.
(A) Goodwill
(B) Trademarks
(C) Stockholder equity
(D) Reputation
The answer is: (C) Stockholder equity
Stockholder equity is an example of a tangible benefit element from a project.
(A) Prescriptive practices
(B) Descriptive practices
(C) Both (A) & (B)
(D) None of these
The answer is: (B) Descriptive practices
Project management standard and guide are both based on descriptive practices rather than prescriptive practices.
(A) Panama canal
(B) Olympic games
(C) Finances
(D) Covid-19 vaccine
The answer is: (C) Finances
Input example of a project includes those things which are used in a project to implement it. So, finance in the form of money is not output example of a project.
(A) reliable
(B) valuable
(C) certain
(D) uncertain
The answer is: (D) uncertain
There is an element of risk in a project and the outcome of a project is uncertain.
(A) 5
(B) 7
(C) 9
(D) 11
The answer is: (A) 5
The five phases of a project are: (1) initiation, (2) planning, (3) execution, (4) monitoring, and (5) closing.
(A) dependent
(B) independent
(C) directly related
(D) indirectly related
The answer is: (C) directly related
The projects and programs in a portfolio must be directly related.
(A) Initiation
(B) Planning
(C) Execution
(D) Closure
The answer is: (A) Initiation
Assembling project team and assigning their responsibilities are done during the initiation phase of a project management.
(A) all
(B) one
(C) at least one
(D) at most one
The answer is: (C) at least one
If any one factor of a project changes, at least one other factor is likely to be affected.
(A) resource
(B) reconciliation
(C) reconsideration
(D) review
The answer is: (D) review
PERT stands for Program Evaluation and Review Technique.