SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)

Subject: Project management (operations)

Sample Questions:
Section I: Subjective Questions

1. What is Critical Path Method?

2. Define Quality Control.

3. What is software maintenance?

4. Explain Project Portfolio Mgmt?

5. Explain Rate of Return.

6. What is SOFTWARE MAINTENANCE

7. Explain Project Management Methodology

8. Describe Porters Five Forces Model.

Section II: Objective Questions

Multiple Choice Single Response

1. All factors that contribute in the success of the choice are referred as
1] benefit of implementation
2] cause of implementation
3] error in implementation
4] way of implementation

2. Drawing activities in a structured manner so as to capture everything is called as

1] Bar code chart
2] Activity chart
3] Execution chart
4] Gantt chart

3. In activities identification process, the second step is to break activities into

1] measurable tasks
2] manageable tasks
3] cost effective tasks
4] result oriented tasks

4. Typical categories of causes includes

1] the original 5 M's
2] the original 3 M's
 SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)
Subject: Project management (operations)

3] the real 5 M's

4] the original 4 M's

5. The time value of money is reflected in the

1] profit
2] investment
3] interest rate
4] inflation rate

6. Stock returns are usually calculated for

1] lean period
2] holding period
3] trading period
4] buying period

7. Any schematic display of the logical relationships of project activities is called

1] PERT
2] Network analysis
3] CPA
4] Project Network Diagram

8. Quality management is
1] a one-time activity
2] a repetitive activity
3] a specific activity
4] a notional activity

9. Due to negligence, the risks becomes

1] metamorphic
2] polymorphic
3] oligomorphic
4] catastrophic

10. When the critical path is delayed, the project is classified as

1] time constrained
2] resources constrained
3] path blocked
4] progress constrained

Multiple Choice Multiple Response

11. Living examples of a project are

1] Asia
2] Mohenjo-Daro
3] North Pole
4] Pyramid
12. Holding period of stocks is either
1] a month
2] a day
3] a decade
 SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)
Subject: Project management (operations)

4] a year

13. A Work Breakdown Structure (WBS) is

1] not a logic model
2] not a strategy map
3] a logical model
4] a strategy map

14. In the planning phase for the project, deliverables must be set for
1] the feasibility of quality
2] the cost of quality
3] the quality criteria
4] the quality standards

15. Legal factors can affect

1] location
2] Modus operandi of the company
3] operations cost
4] manpower

16. The work package tasks comprise

1] ED
2] ID
3] Task bar
4] Task name

17. Procedural threats comprise

1] failure of external controls
2] failure of external systems
3] failure of internal systems
4] failure of internal controls

18. Float is of two types, namely

1] dependent float
2] independent float
3] interconnected float
4] free float

Fill in the Blanks

19. Developing a systematic approach to project control integrating cost is related to

:BLANK
1] earned value management
2] net value management
3] total value management
4] value analysis

20. Factors of geographical relevance are also known as :BLANK .

1] Project PESTEL
2] Location PESTEL
 SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)
Subject: Project management (operations)

3] Geographical PESTEL
4] Long PESTEL

21. Developing a systematic approach to project control integrating cost is related to

:BLANK .
1] earned value management
2] net value management
3] total value management
4] value analysis

22. The time for which an activity can be delayed without delaying the early start of the
successor activity is a feature of :BLANK .
1] total float
2] free float
3] independent float
4] dependent float

23. Histograms are used to plot :BLANK .

1] density of data
2] intensity of data
3] severity of data
4] measure data

24. In design of plans, :BLANK is of a higher priority than either time or cost.
1] execution
2] compatibility
3] quality
4] quantum

25. Modified Internal Rate of Return is similar to :BLANK .

1] ROI
2] ROR
3] ROIC
4] IRR
26. 14) Organizational structures common success criteria is :BLANK .
1] low transient speed
2] high transient speed
3] high transitional speed
4] low transitional speed

27. :BLANK is one of the resource risks.

1] Availability of specific skills
2] Excess skills
3] Scarcity of skills
4] Ample of manpower

28. By developing in iterations, software project can limit effort wasted to :BLANK .
1] a single iteration
2] a dual iteration
3] a multiple iteration
 SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)
Subject: Project management (operations)

4] a complex iteration

State True or False

29. Price does not necessarily brings into focus the cost of production.

30. In order to plan, the project manager need not be aware of what the project will
create.

31. Ultimately, the objective is to improve levels of project success within the
organization.

32. The critical path is the place to look when you want to shorten a schedule.

33. The second step in identification of activities is to break down into manageable
tasks.

34. Larger Gantt charts may not be suitable for most computer displays

35. Firm should incorporate holidays, vacations in schedule risk process.

36. One of the major reasons for project failure is the failure to monitor it when it is
being executed.

37. As with Gantt charts, the essential concept behind CPA is that you cannot start
some activities until others are finished.
38. The activities implied in the delivery of each of the products need not be identified
to give a fuller picture of the plan's workload.
Match the Following

39. 1] Higher risk 1] Higher discount rate

2] Logarithmic returns 2] Symmetric compounded return
3] Profitability ratios 3] Return on assets
4] Standard method 4] Discounted cash flow

5] NPV

6] Taxes

40. 1] Employee confidence 1] Reputational threat

2] Accident 2] Natural threat

3] Fraud 3] Procedural threat

4] Insufficient quality 4] Project threat

5] Organisational threat

6] Safety threat

1] Five Forces model 1] Simple tool

 SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL)
Subject: Project management (operations)

41. 2] Meeting needs of media 2] Communication risk

3] Risk communication 3] Crisis communication
4] ISO standards 4] Risk management method

5] Complex tool

6] Outstanding payments

42. 1] USA 1] creating organizations wealth out of

business
2] India 2] creating individual wealth out of
business
3] Desktop 3] storing data in a file
4] Centralized data repository 4] web application

5] creating values

6] traditional approach