PM Insem Exam Q Bank Unit 1 and 2

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T.E.

(ENTC) (2019-Course)
Course: - Project Management
Subject Code – 304193
Question Bank for Unit 1 and 2

Q No Question with Multiple Options


1. A ____ is a set of activities which are networked in an order and aimed towards
achieving the goals of a project.
a. Project
b. Process
c. Project management
d. Project cycle

2. Resources refers to
a. Manpower
b. Machinery
c. Materials
d. All of the above
3. Developing a technology is an example of
a. Process
b. Project
c. Scope
d. All of the above

4. The project life cycle consists of


a. Understanding the scope of the project
b. Objectives of the project
c. Formulation and planning various activities
d. All of the above
5. Following is(are) the responsibility(ies) of the project manager.
a. Budgeting and cost control
b. Allocating resources
c. Tracking project expenditure
d. All of the above
6. Design phase consist of
a. Input received
b. Output received
c. Both (A) and (B)
d. None of the above
7. Following are the phases of Project Management Life Cycle. Arrange them in correct
order.
1.Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery
a. 3-2-1-4

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b. 1-2-3-4
c. 2-3-1-4
d. 4-3-2-1
8. Project performance consists of
a. Time
b. Cost
c. Quality
d. All of the above
9. Five dimensions that must be managed on a project
a. Constraint, Quality, Cost, Schedule, Staff
b. Features, Quality, Cost, Schedule, Staff
c. Features, priority, Cost, Schedule, Staff
d. Features, Quality, Cost, Schedule, customer
10. A ____ is a set of activities which are networked in an order and aimed towards
achieving the goals of a project.
a. Project
b. Process
c. Project management
d. Project cycle
11. In the initial stage of the project the probability of completing the project is ___.
a. Zero
b. High
c. Low
d. Any of the above
12. The entire process of a project may be considered to be made up on number of sub
process placed in different stage called the
a. Technical key resources
b. Work key structure
c. Work Breakdown Structure (WBS)
d. None of the above
13. Each component of the software product is separately estimated and the results
aggregated to produce an estimate for the overall job is call as ________ approach.
a. Algorithmic model
b. Expert judgment
c. Bottom-up
d. Top down

14. “Devising and maintaining a workable scheme to accomplish the business need” is
a. Initiating process
b. Planning process
c. Executing process
d. Controlling process
15. Constraint, Quality, Cost, Schedule, Staff(B) Features, Quality, Cost, Schedule,
Staff(C) Features, priority, Cost, Schedule, Staff(D) Features, Quality, Cost, Schedule,
customer
a. 40 to 55%

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b. 55 to 70%
c. 70 to 80%
d. 80 to 95%
16. The probability of completing the project can be estimated based upon the ____ .
a. Uniform distribution curve
b. Normal distribution curve.
c. U-shaped distribution curve
d. None of the above
17. Following are the characteristics of Project Mindset.
a. Time, Responsiveness, Information sharing, Processes, structured planning
b. Time, Project management, Information sharing, Processes, structured
planning
c. Time, Responsiveness, Information sharing, capability, structured planning
d. Time, Responsiveness, Information sharing, Processes, project planning
18. Controlling the changes in the project may affect
a. The progress of the project
b. Stage cost
c. Project scope
d. All of the above
19. _______________ is concerned with the collection, compilation and analysis of
economic data for the eventual purpose of locating possible opportunities for
investment.
a. Project selection
b. Project evaluation
c. Project identification
d. Project segmentation
20. Following is (are) the tool(s) for changing a process
a. Change Management System (CMS)
b. Configuration Management (CM)
c. Both (A) and (B)
d. None of the above
21. What are the the 3 basic dimensions of a project?
a. Input, output and process
b. Input, output and materials
c. Input, output and social cost and benefits
d. Input, output and features
22. _____________ is an important element in the project planning cycle.
a. Project objective
b. Project idea
c. Project identification
d. Project selection
23. ____________ phase in the project life cycle begin after the investment decision is
taken.
a. The post-investment phase
b. The construction phase
c. The normalization phase

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d. The reconstruction phase
24. _____________ is the systematic development of a project idea for the eventual
objective of arriving an investment decision.
a. Project objective
b. Project identification
c. Project selection
d. Project formulation
25. ____________ analysis is primarily concerned with the identification of the project
demand potential and the selection of the optimal technology suitable for achieving
the project objectives.
a. Feasibility
b. Pre-feasibility
c. Techno-Economic Network
26. The purpose of financial analysis is to determine __________ of the project.
a. Input feasibility
b. Output feasibility
c. Financial feasibility
d. Cost-benefit feasibility
27. Project formulation and its implementation are the two essential functions
of____________.
a. Project design
b. Project management
c. Project selection
d. Project formulation
28. Where individual skills are collectively integrated into a group, this is known
as_____________.
a. Collective entrepreneurship
b. Intrapreneurship.
c. Team entrepreneurship
d. Dual innovation.
29. Which one of the following is the next stage to the Concept Stage of Product
Planning and Development Process?
a. Idea Stage.
b. Product Planning Stage.
c. Product Development Stage.
d. Test Marketing Stage.
30. The activity "Create Work Breakdown Structure (WBS)" is a part of:
a. Project Scope Management
b. Project Cost Management
c. Project Time Management
d. Project Skill Management
31. Under which category of Project Selection models is the "Sacred Cow" categorized?
a. Non-Numeric project selection model
b. Theoretical Project selection model
c. Numeric project selection model
d. Classical Project selection model

4 P.T.O.
32. The time by which activity completion time can be delayed without affecting the start
of succeeding activities, is known as
a. Duration
b. total flat
c. free float
d. interfering float.
33. The entire process of a project may be considered to be made up on number of sub
process placed in different stage called the
a. Technical key resources
b. Work key structure
c. Work Breakdown Structure (WBS).
d. None of the above
34. Which of the following is not correct about initial phase of a project?
a. The cost associated at the beginning of the project is highest.
b. Stakeholders have maximum influence during this phase
c. The highest uncertainty is at this stage of the project.
d. All the above statements are correct.
35. Following are the characteristics of Project Mindset.
a. Time, Responsiveness, Information sharing, Processes, structured planning
b. Time, Project management, Information sharing, Processes, structured
planning
c. Time, Responsiveness, Information sharing, capability, structured planning
d. Time, Responsiveness, Information sharing, Processes, project planning
36. The project life cycle consists of
a. Understanding the scope of the project
b. Objectives of the project
c. Formulation and planning various activities
d. All of the above

37. Following is(are) the responsibility(ies) of the project manager.


(A) Budgeting and cost control

(B) Allocating resources

(C) Tracking project expenditure

(D) All of the above


38. Design phase consist of
(A) Input received

(B) Output received

(C) Both (A) and (B)

(D) None of the above

5 P.T.O.
39. Project performance consists of
(A) Time

(B) Cost

(C) Quality

(D) All of the above


40. Five dimensions that must be managed on a project
(A) Constraint, Quality, Cost, Schedule, Staff

(B) Features, Quality, Cost, Schedule, Staff

(C) Features, priority, Cost, Schedule, Staff

(D) Features, Quality, Cost, Schedule, customer


41. Tool used for comparison of the proposed project to complete
projects of a similar nature whose costs are known.
(A) Algorithmic model
(B) Expert judgment
(C) Top down
(D) Analogy

42. Developing a technology is an example of


(A) Process
(B) Project
(C) Scope
(D) All of the above
43. Which stage of project management life cycle requires the maximum time of
completion
A.Conceptualization
B. Planning
C. Execution
D. Estimation
44. Following is(are) the responsibility(ies) of the project manager.
(A) Budgeting and cost control
(B) Allocating resources
(C) Tracking project expenditure
(D) All of the above
45 _____ is an external stakeholder of a project.
A. Trade Association
B. Project Team
C. Project Promoter
D. All of them
46 Project Manager must ensure that it develops appropriate trade off/s as
A. Time, cost and performance
B. Time, value and performance

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C.Men, Materials and Machines
D.Money, Cost and Return on Investment
47 A company takes up a project to upgrade all its machines from conventional machines to
high-tech machines. It's a ____ type of project.
A. Balancing
B. Modernization
C. Expansion
D. Backward integration
48 Network of a project is constructed based on
A. Critical path
B. Normal time and Crash Time
C. Precedence Logic
D. Basic Logic
49 A thermal power project plant can’t be located near a sanctuary. Such guidelines are
prescribed by
A. Project financer.
B. Client.
C. Government Policy.
D. Project beneficiaries
50 In Project management when does planning take place?
A.Before the project
B.During the project execution
C.At the start of the project
D.After the project

*** *** ***

7 P.T.O.

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