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Quiz No. 2, Dec 07 to Dec 08, 2015
Here goes my 2nd Quiz.
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In a matrix organization, the project manager is likely to experience:
Conflict and difficulties in team building
Good customer relations
Difficulties in getting the best workers assigned to the project
*All of the given options
Which of the following refers to a narrative description of the work to be accomplished?
*The statement of work (SOW)
The project specifications
The milestone schedule
The work breakdown structure (WBS)
A Gantt chart is useful in determining __________.
The level of effort for a task
When a task starts and stops
*Which are the critical tasks
Who is assigned to do a task
In which of the following approaches, individual work items are estimated and summed up in order to get total estimate?
“A construction firm can select the best subset of a large group of potential projects on which to bid” is an example of which of the following?
Which of the following refers to “Planned expenditures required to achieve or exceed objectives”?
If a model is suggested by a senior and powerful official in the organization, it is called
*Sacred Cow Model
All of the following are the goals of project planning EXCEPT:
Develop expertise in a given area
To become competitive
To modify an existing facility for later use
*To prepare work breakdown structure
Which of the following is the ability to work with people, making cooperative effort, teamwork, make them feeling secure and free to express their opinions?
The project manager is responsible for coordinating and integrating activities across multiple functional lines. In order to do so, the project manager needs all of the following EXCEPT:
Strong communicative and interpersonal skills
Familiarity with the operations of each line organization
General knowledge of the technology being used
*Understanding of various organizational structures
Which of the following is calculated as the initial fixed investment in the project divided by the estimated annual net cash inflows from the project?
Discounted Cash Flow
*Pay Back Period
Discounted Cash Flow
Internal Rate of Return
Which of the following are projects that can be accomplished by one organizational unit, say a department?
Matrix or Aggregate projects
Which of the following refers to “Design of the number and kinds of positions, along with corresponding duties and responsibilities, required to achieve or exceed objectives”?
Which of the following refers to “a specification of series of actions, acts or operations, which have to be executed in the same manner in order to always obtain the same result in the same circumstances”?
In which of the following typical Engineering, Procurement and Construction proposal contents, conditions of request for proposal (RFP) are summarized?
*Introduction & Summary
Scope of Services
Work Plan & Schedule
Which of the following involves a firm identification of the required resources along with the establishment of realistic time, cost, and performance parameters?
Which of the following phases can also be referred as the design phase?
Which of the following refers to “A projection of what will happen by a certain time”?
Which of the following is also called System Engineering?
Which of the following is also known as benefit to cost ratio?
Discounted Cash Flow
Pay Back Period
Future Cash Flow
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