Quiz 11
Quiz 11
1 of 7
d) World Business Standards.
7. A temporary endeavor undertaken to accomplish a unique
purpose.
a) What is the definition of a project?
b) What is the definition of an activity?
c) What is the definition of an operation?
d) What is the definition of interrupted work?
8. Project Management is:
a) The application of knowledge, skills, tools and techniques to
project activities in order to meet or exceed stakeholder needs
and expectations
b) Managing people working in a project.
c) Controlling project cost.
d) Controlling delivery time of each activity.
9. Explain the importance of phases in a project
a) Phases of a project are a contractor’s scheme to increase cost
and “gold-plate” each activity.
b) Projects are broken up into phases to make the project more
manageable and to reduce risk. Each phase should focus on
producing a deliverable
c) The phases are start-up, execution, and shutting down.
d) Phases are essential for quality control of a project.
10. The following is one of the nine knowledge areas for
understanding project management according to the PMBOK.
a) Project communication Management
b) Project integration Management
c) Project Procurement Management
d) All of the above.
11. What is a project charter?
a) A project charter serves as an agreement and as a
communication tool for all the project stakeholders. The project
charter documents the project's value to the organization, and
describes the infrastructure needed to support the project. It
also summarizes many of the details found in the project plan.
b) It is the project network diagram and is either represented by
AON or AOA methods.
2 of 7
c) It is the project Gantt chart
d) It is the project closing document.
12. The project managerial cycle is:
a) Planning, Executing, and Controlling.
b) Planning, Initiation, Project charter, Cost control, Delivery on
time, and Project closure.
c) Concept Development, review and design, Brain storming, and
Execution.
d) Cash management, Time management, and specification
management.
13. Under Project Planning the first task of planning is to establish
the objectives to be achieved in a project
a) True
b) False
14. Resource Allocation is a part of Project Planning, while it is not
part of Project Execution.
a) True
b) False
15. During a project the _______ process allows the project
manager to monitor and report progress.
a) Reporting
b) Planning
c) Controlling
d) Time Management
16. In developing the WBS an important rule must be considered,
which is:
a) The immediate predecessor rule, which limits the impact of
each activity on the project to its dependent activity.
b) The Time equals Money rule, which is a general rule of
tradeoffs that a Great Project Manager should follow.
c) The 100% rule, which states that all “children” activities scope
sums up to exactly the scope of the “parent” activity.
d) The customer is always right rule, which considers all scope
changes to be approved by the project owner.
17. The critical path is the shortest path through the project
network a) True
3 of 7
b) False
18. Calculating the latest start time of an activity is done in the
backward pass, by subtracting the activity duration from the
latest finish time.
a) True
b) False
19. According to PERT technique for modelling variable activity
times of a project,
a) Activity times are statistically independent.
b) Activity times are statistically dependent.
c) Pessimistic time has a higher value in developing the expected
completion time.
d) Project Variance is statistically independent from the individual
activity times.
20. A project is considered running on acceptable rate when the
EV parameters CPI and SPI are:
a) CPI is greater than 1, while SPI is less than 1.
b) CPI is less than 1, while SPI is greater than 1.
c) CPI is less than 1, while SPI is also less than 1.
d) CPI is greater than 1, while SPI is also greater than 1
4 of 7
b)
c) Both A and B
d) None of A or B.
5 of 7
3 1 4 2
4 2 5 3
5 3 6 7
6 4 6 5
7 5 7 4
8 6 7 9
9 7 8 3
a) 26 weeks
b) 21 weeks
c) 23 weeks
d) 22 weeks
24. In the previous project the Slack of activity 7 is
a) 0 weeks
b) 2 weeks
c) 5 weeks
d) 4 weeks
25. In the following graph:
6 of 7
26. A bank loan is offered at 12% per year, the loan amount is
500,000 LE and the payment plan is over 5 equal payments
over the next 5 years. The approximate amount to be paid back
is:
a) 112,000 LE per year
b) 881,171 LE per year
c) 144,705 LE per year
d) 138,705 LE per year
7 of 7