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Project Managment Question Bank

This document contains a quiz on project management terms and concepts. It includes 26 multiple choice questions with options A through D. The questions cover topics such as defining a project, the phases of project management, objectives and constraints of project management, steps in project planning, and types of project resources. The correct answers are also provided.

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0% found this document useful (0 votes)
167 views7 pages

Project Managment Question Bank

This document contains a quiz on project management terms and concepts. It includes 26 multiple choice questions with options A through D. The questions cover topics such as defining a project, the phases of project management, objectives and constraints of project management, steps in project planning, and types of project resources. The correct answers are also provided.

Uploaded by

RudraSreeram
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Q.

No Question Option A Option B Option C Option D Correct Answer

a project is a temporary endeavor


a project is job taken to produce a project is a life time endeavor a project is permanent in that it has
1 Define Project. undertaken to create a unique a
certain results. to produce a product. undefined beginning and end time.
product, service or result.

A project is temporary in that it


has a defined beginning and end a project is job taken to produce a project is a life time endeavor a project is permanent in that it has
2 Define Project. a
in time, and therefore defined certain results. to produce a product. undefined beginning and end time.
scope and resources.

Project management is the application of ________


3 Knowledge Skills Tools & Techniques All of the Above d
to project activities to meet the project requirements.

_______ is the process of Initiaton, Planning,


4 Project Project mangement Time manaagement Scope b
Execution, Controlling and closing sucessfully

5 What are the constraints of Project Management? Time Scope Cost All the Above d

It should use available manpower It should be completed with


Which of the following are not the objectives of Each project should be completed Project should be completed, time, cost
6 and other resources as sparingly minimum capital investment, d
Project Mangement with a minimum elapsed time and resources are not constraints
possible, without delay. without delay

It should use available manpower It should be completed with


Which of the following are the objectives of Project Each project should be completed
7 and other resources as sparingly minimum capital investment, All the Above d
Mangement with a minimum elapsed time
possible, without delay. without delay

8 What are the phases of project management Project planning Project Scheduling Project Controlling All the Above d

Which of the following is not a phase of project


9 Project planning Budgetting Project Controlling Project Scheduling b
management

10 The statement of intent is called as Plan Stratergy Policies Procedures a

_________ is interrpretted in terms of what has to be


11 Policies Stratergy Plan Procedures a
done to the resources to achieve the intent.

__________ are defined methods, formulated before


12 Policies Plan Stratergy Procedures b
hand for doing or making something

__________ simply lists gaols and defines the means


13 Policies Plan Stratergy Procedures b
of achieving them.

____________ specifies the central concept or


14 purpose of the enterprise as well as the means by Policies Plan Stratergy Procedures c
which it intent to carry the purpose

15 The listed goals are called as Events Activities Rules Procedures a

16 The means of achireving the goals is called as Events Activities Rules Procedures b

17 _________ are broad guidelines for the enterprise Policies Plan Stratergy Procedures a
__________ specify the how to proceed in some
18 Policies Plan Stratergy Procedures d
situation.

19 Specific guide for action is called as Events Activities Rules Procedures c

Which of the following steps in project planning


20 provides the objectives of the project in definite Establish Develop Define Determine c
words.

Which of the following steps in project planning


21 creates goals and stages intermediate to attain the Establish Develop Define Determine a
final stage.
Which of the following steps in project planning is
22 Establish Develop Define Determine b
used to forecast and means to achieve the goals
Which of the following steps in project planning is
used for financial, managerial and operational to
23 Establish Develop Define Determine d
carry out activities and to determine what is feasible
and what is not.
Which of the follwing steps in project planning is used
24 Determine Test Choose Decide b
for checking the consistency with company's policy
Whichof the follwing steps in project palnning is used
as an alternative which is not consistent with its goals
25 Determine Test Choose Decide c
and concepts but also one that can be accomplished
with evaluated resources.
26 Which of the following is not a resource Time Manpower Quality Material c
27 __________ is called as allocation of resources. Project Planning Project Scheduling Project Controlling Project Closure b
___________is the mechanical process of formalizing
28 the planned functions, assigning the starting and Project Planning Project Scheduling Project Controlling Project Closure b
completion dates to each part of the work.
_____________is the laying out actual activities of
the project in time order in which they are to be
performed and calculating the manpower and
29 Project Planning Project Scheduling Project Controlling Project Closure b
material requirements needed at each stage of
production, along with expected completion time of
each activity
Which of the following steps in project schedulling is
30 Calculate Assign Give Allocate a
used to determine the detailed control information.
Which of the following steps in project scheduling
31 Calculate Assign Give Allocate b
provides timings to the events and activities
Which of the following steps in project schedulling
32 Calculate Assign Give Allocate c
provides consideration for resources
Reviewing the difference between the schedule and
33 the actual performance once the project has begun is Project Planning Project Scheduling Project Controlling Project Closure c
called as

to determine to determine the precise effect of to replan and reschedule to


34 Project Control is the mechanism established All the Above d
deviations from the basic plan these deviations on the plan compensate for the deviations.

_______ is used to deteermine the deviations from


35 Project Planning Project Scheduling Project Controlling Project Closure c
the basic plan
____________ is used to determine the precise
36 effect of Project Planning Project Scheduling Project Controlling Project Closure c
these deviations on the plan
_____________ is used to replan and reschedule to
37 Project Planning Project Scheduling Project Controlling Project Closure c
compensate for the deviations.
Which of the following steps in project controlling
38 Establish Measure Identify Suggest and Select a
helps in making standards or targets
Which of the following steps in project controlling is
39 used to calculate the performance against the Establish Measure Identify Suggest and Select b
standards
Which of the following steps in project controlling
40 Establish Measure Identify Suggest and Select c
helps to find the deviations from the standards
Which of the following steps in project controlling is
41 Establish Measure Identify Suggest and Select d
used for correcting measures
The commencement or completion of an activity is
1 Dummy Network Dual role Event Event d
called as

An event represents a
noteworthy, significant and An event is an accomplishment
An event is either the start or
2 Which of the following aree properties of an event recognizable point in the project. occouring at an instantaneous All the above d
completion of an activity
Event act as a control pooint in a points in time
project

3 An event is represented as circle triangle rhombous parallelogram a


4 __________ marks the beginning of an activity Head Event Tail Event Dual Role Event Dummy b
5 __________ marks the end of an activity Head Event Tail Event Dual Role Event Dummy a
All the events except initial and final events are called
6 Head Event Tail Event Dual Role Event Dummy c
as
The event or events which follow another event is
7 Successor Event to that event Predecessor Event to that event Head Event to that event Tail Event to that event a
called as
The event or events which follow occours before
8 Successor Event to that event Predecessor Event to that event Head Event to that event Tail Event to that event b
event is called as
9 __________ is the actual performance of a task Event Activity Network Dummy b
__________ is the work required to complete a
10 Event Activity Network Dummy b
specific event
__________ is a recognizable part of a work project
11 Event Activity Network Dummy b
that requires time and resources for its completions
An activity is a recognizable part of a work project
12 Time Resources Time and Resources None of the above c
that requires _____________ for its completions
__________is a type of operation in the network
13 Activity Event Dual role Event Dummy d
which neither requires any time nor resources.
__________ is merely a device to identify a
14 Activity Event Dual role Event Dummy d
dependence among operation
__________ is a connecting link for control purposes
15 Activity Event Dual role Event Dummy d
of an activity
__________ is a connecting link for maintaining
16 Activity Event Dual role Event Dummy d
uniqueness of an activity
17 __________ is represented by dotted arrow Activity Event Dual role Event Dummy d
18 A dummy activity is prepresented by Dotted arrows Straight arrows Curve arrows None of the above a
A dummy activity is a type operation in the network
19 requires doesnot requires sometimes it ay require Depends on the network b
which ___________ time and resources
A dummy activity is a type operation in the network
20 time nor resources time resources cost a
which neither requires ____________
21 __________ is an activity - oriented network diagram CPM PERT Histogram Bar Chart a
22 In __________ emphasis is given to activity CPM PERT Histogram Bar Chart a
23 In CPM the emphasis is given to activity event Project Network a
24 CPM stands for Critical Planning Method Critical Path Measure Critical Path Method Crucial Path method c
25 __________ works with fixed deterministic time CPM PERT Histogram Bar Chart a
26 CPM works with __________ fixed deterministic time flexible deteerministic time probalistic time None of the above a
_________ is useful for repetitive and non complex
27 CPM PERT Histogram Bar Chart a
project
_________ works with certain degree of time
28 CPM PERT Histogram Bar Chart a
estimate
both repetitive and non
29 CPM is useful for ______________ projects repetitive non complex None of the above c
complex
30 CPM works with certain degree of cost estimate material estimate time estimate none of the above c
31 ________ includes Time cost Trade off CPM PERT Histogram Bar Chart a
32 CPM includes ________ Time cost trade off Quantity take off Resouce take off None of the above a
33 ________ is used for construction projects CPM PERT Histogram Bar Chart a
only for making network
34 CPM is used __________ Construction project Research and Development None of the above a
diagrams
Project Evaluation Review Program Evaluation Review Program Evaluation Response
35 PERT stands for ____________ Projec Evaluation Response Technique b
Technique Tecnique Technique
36 _________ is event oriented network diagram CPM PERT Histogram Bar Chart b
37 In __________ emphasis is given to event CPM PERT Histogram Bar Chart b
38 In PERT the emphasis is given to activity event Project Network b
39 __________ works with probabilistic time CPM PERT Histogram Bar Chart b
40 PERT works with __________ fixed deterministic time flexible deteerministic time probabilistic time None of the above c
_________ is useful for non repetitive and complex
41 CPM PERT Histogram Bar Chart b
project
_________ works with uncertain degree of time
42 CPM PERT Histogram Bar Chart b
estimate
43 PERT is useful for ______________ projects non repetitive non complex non repetitive and complex None of the above c
44 PERT works with uncertain degree of cost estimate material estimate time estimate none of the above c
45 ________ is restricted to time variable CPM PERT Histogram Bar Chart b
46 PERT is restricted ________ Time variable Quantity varianble Resouce variable None of the above a
47 ________ is used for R & D programs CPM PERT Histogram Bar Chart b
only for making network
48 PERT is used __________ Construction project Research and Development None of the above b
diagrams
49 Critical path is longest duration shortest duration average duration None of the above a
50 Formula for finding the estimated time is Te=(tp+4tl+to)/6 Te=(tp+4to+tp)/6 Te=(tl+4tp+to)/6 Te=(tp+4tl+to)/3 a
51 Formula for Standard Deviation is S.D = (tp – to)/6 S.D = (to – tp)/6 S.D = (tl - to)/6 S.D = (tp - to)/2 a
52 Formula for varriance is V = (S.D)2 V = (S.D)3 V = √(S.D) V = S.D a
53 Formula for finding the probability Z= (D – Te)/S.D Z= (D + Te)/S.D Z= (D – Te) x S.D Z= (D – Te) a
Z= (D – Te)/S.D
Z = (33 - 29.66)/4.69
Find out the probability of completion of project within
Z = 0.71
54 33 days when the CPM is 29.66 days, Standard 50% 71% 0.71% 68% d
From the Z table it is found that
Deviation is 4.69
for the value 0.71 the probability
of completion is 68%
Z= (D – Te)/S.D
Z = (33 - 29.66)/4.69
Z = 0.71
Find out the probability of not completion of project
From the Z table it is found that
55 within 33 days when the CPM is 29.66 days, Standard 32% 71% 0.71% 68% a
for the value 0.71 the probability
Deviation is 4.69
of completion is 68%.
Therefore the probability of not
completing is 32%
1 Project cost consists of direct cost indrect cost both direct and indirect cost social cost c
Project cost consists of _______ for work
2 direct cost indrect cost both direct and indirect cost None of the above a
accomplishment
Project cost consists of _______ for related to the
3 direct cost indrect cost both direct and indirect cost None of the above b
control or duration of the work
Project cost consists of _______ for related to
4 direct cost indrect cost both direct and indirect cost None of the above b
financial overheads, lost production
____________are those expenditures which cannot
5 be apportioned or clearly allocated to the individual direct cost indrect cost variable cost fixed cost b
activities of a project, but are accessed as a whole.
____________ are expenditures tht cannot be
6 direct cost indrect cost both direct and indirect cost None of the above b
forseen
7 Indirect cost are administrative expenditures establishment charges overheads All the above d
8 Indirect cost are supervision expenditure on central store loss of profit and revenue All the above d
increases and then decreases with
9 Indirect costs increases with duration decreases with duration remains unchanged a
duration
10 _________ rises with increased duration direct cost indrect cost both direct and indirect cost None of the above b
___________ are expenditures which are directly
11 direct cost indrect cost both direct and indirect cost None of the above a
chargeable
___________ are expenditures which can be
12 direct cost indrect cost both direct and indirect cost None of the above a
identified specifically with activities of the project
13 Direct cost are Labor cost Material Cost Equipment Cost All the above d
14 Administrative expense is direct cost indrect cost both direct and indirect cost None of the above b
15 Establishment charges is an example of direct cost indrect cost both direct and indirect cost None of the above b
16 Overheads is an example of direct cost indrect cost both direct and indirect cost None of the above b
17 Supervision charges is an example of direct cost indrect cost both direct and indirect cost None of the above b
18 Expenditure on Central Store is an example of direct cost indrect cost both direct and indirect cost None of the above b
19 Loss of Profit is an example of direct cost indrect cost both direct and indirect cost None of the above b
20 Loss of revenue is an example of direct cost indrect cost both direct and indirect cost None of the above b
21 Penalty is an example of direct cost indrect cost both direct and indirect cost None of the above b
22 Labor cost is an example of direct cost indrect cost both direct and indirect cost None of the above a
23 Material cost is an example of direct cost indrect cost both direct and indirect cost None of the above a
24 Eqipment cost is an exapmle of direct cost indrect cost both direct and indirect cost None of the above a
25 Electricity charges is an example of direct cost indrect cost both direct and indirect cost None of the above b
26 Fuel charges is an example of direct cost indrect cost both direct and indirect cost None of the above b
___________ is the standard time that an estimator
27 Direct Time Indirect Time Normal Time Crash Time c
would allow for an activity
___________ is the minimum possible time in which
28 an activity can be completed by employing extra Direct Time Indirect Time Normal Time Crash Time d
resources
___________ is the time beyond which an activity
29 cannot be shortened by an amount of increease in Direct Time Indirect Time Normal Time Crash Time d
resources
__________ is the direcct cost required to complete
30 Normal Cost Crash Cost Average Cost None of the above a
the activity in normal time
Normal Cost is the _________ required to complete Difference in direct cost and indirect
31 direct cost indirect cost Average Cost a
the activity in normal time cost
Normal Cost is the direct cost required to complete
32 Normal time Crash time Aveerage time None of the above a
the activity in ___________
__________ is the direcct cost required to complete
33 Normal Cost Crash Cost Average Cost None of the above b
the activity within crash time
Crash Cost is the _________ required to complete Difference in direct cost and indirect
34 direct cost indirect cost Average Cost a
the activity in normal time cost
Crash Cost is the direct cost required to complete the
35 Normal time Crash time Aveerage time None of the above b
activity within ___________
(Crash Cost - Normal Cost) / (Crash Cost - Normal Cost) + (Normal
36 Cost Slope = (Crash Cost - Normal Cost) (Normal Time - Crash Time) c
(Normal Time -Crash Time) Time -Crash Time)
Execution position and new
Original Network and Calculation Stage at which updating is being information and knowledge
1 What are the data required for updating the project All the Above d
chart done which will affect the duration of
the project
2 EST is Early Start Time Entry Start Time Exit Start Time Early Schedudle Time a
3 EFT is Early Finish Time Entry Finish Time Exit Final Time Early Final Time a
4 LFT is Late Finish Time Latest Finish Time Late Final Time Latest Final Time a
5 LST Late Start Time Latest Start Time Late Start Time Latest Start Time a
6 _________is the earliest time the activity can begin. LST EST EFT LFT b
_________ is the latest time the activity can begin
7 LST EST EFT LFT a
and still allow the project to be completed on time.
8 ________ is the earliest time the activity can end. LST EST EFT LFT c
________ is the latest time the activity can end and
9 LST EST EFT LFT d
still allow the project to be completed on time.
_________ is the amount of time the task can slip
10 Float Free Float Interfering Float Total Float a
without delaying the project finish date
_________ is the amount of time a task can slip
11 without delaying the early start of any task that Float Free Float Interfering Float Total Float b
immediately follows it
12 Float LFT - EFT LFT + EFT LST + EFT LFT x EFT a
13 Slack LFT - EFT LFT + EFT LST + EFT LFT x EFT a
14 The float value of activities in critcal path are High Low Zero Average c
________ of an activity represents the amount of
15 time by which an activity can be delayed without Total Float Free Float Interfering Float Independent Float a
delaying projet completion date
_________ is a that portion of the float within an
16 activity which can be manipulated without affecting of Total Float Free Float Interfering Float Independent Float b
subsequent activities
17 Total Float LFT - EFT LFT + EFT LST + EFT LFT x EFT a
_________ is that part of the total which causes a
18 Total Float Free Float Interfering Float Independent Float c
reduction in the float of the successor activities.
This is the amount of time an activity can be delayed
when all preceding activities are completed as late as
19 Total Float Free Float Interfering Float Independent Float d
possible and all succeeding activities started as early
as possible.
__________ is computed by subtracting the tail event
20 Total Float Free Float Interfering Float Independent Float d
slack from the free float of the activity.
21 The Original project duration is maintained Resource Allocation Resource Smoothing Resource Levelling Resource Updation b
22 Resources are alloted Resource Allocation Resource Smoothing Resource Levelling Resource Updation a
the resources are rescheduled that the maximum
23 peak requirements does not cross the limit of the Resource Allocation Resource Smoothing Resource Levelling Resource Updation c
available resources.
24 the duration of project may increase. Resource Allocation Resource Smoothing Resource Levelling Resource Updation c
the resources are considered considered to be
25 Resource Allocation Resource Smoothing Resource Levelling Resource Updation b
unlimited
The Original project duration is the duration of project may the resources are considered
26 Resource Allocation Resources are alloted a
maintained increase. considered to be unlimited
the resources are rescheduled that the
The Original project duration is The Original project duration is maximum peak requirements does not
27 Resource Smoothing Resources are alloted c
maintained maintained cross the limit of the available
resources.
the resources are rescheduled that the
The Original project duration is the resources are considered maximum peak requirements does not
28 Resource Smoothing Resource Allocation b
maintained considered to be unlimited cross the limit of the available
resources.
the resources are considered the duration of project may The Original project duration is
29 Resource Levelling Resources are alloted b
considered to be unlimited increase. maintained
the resources are rescheduled
that the maximum peak the resources are considered The Original project duration is
30 Resource Levelling Resources are alloted a
requirements does not cross the considered to be unlimited maintained
limit of the available resources.

Summary tasks may also be set Gannt bar formats differ


Project Summary tassks are auto
1 Which on the following is true to mannually scheduled or auto between mannually versus auto All the above d
schedulled
scheduled scheduled tasks

Greys them out and formats them A task field named Active is to NO
2 Setting tasks inactive Is the same as cancelling it All the above d
with strike through for when a task it is inactive
By default is 8 hrs and is used
The Hours er Day field in the Calendar Option for the is referred t when Start or Finish
3 when duration is entered in Days B & D is set to 24hrs per day b
project is less than 1 day
or weeks

These fields will be used in


It culd help in document retrieval The comments field allows
The properties dialog is place where you should tables and automatically
4 by searching documents based entering a detailed description of All the above d
consider populating its field because transcribed when running
on their properties the project's scope
reports

The Ribbon, the Quick Access Toolbar can be


5 Never When project plans are open Anytime When project plans are closed c
modified
24hrs, Night shift and standard There are only two, Project and There are are six calendas
6 In regards to calendars None of the above a
are the three base calaendars Resource Calendars including the base calendars.
The finish date of one task drives the start date of
7 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish a
another
The start date of one task drives the start date of
8 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish b
another.
The finish date of one task drives the finish date of
9 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish c
another.
The start date of one task drives the finish date of
10 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish d
another.
Which of the following is the most commonly used
11 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish a
dependency type
Which of the following is the default dependancy type
12 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish a
when linking task in Microsoft Project
Which dependency type can be used to represent two
13 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish b
tasks that should commence at the same time.
Which dependency type can be used when a task can
14 Finish-to-Start Start-to-Start Finish-to-Finish Start-to-Finish d
only be started once another one has finished
Which shortcut key opens a new project file in MS
15 Ctrl+N Ctrl+Shift+N Shift+N N a
Project
16 Which shortcut key is use for copy Ctrl+C Ctrl+Shift+C Shift+C CO a
__________is a type of bar chart that illustrates a
17 Gantt Chart Bar Chart Pie Chart Histogram Chart a
project schedule

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