Project Management Series-1 Quiz

Quiz Project Management Series-1 quiz you are applying for a job / interview / Competitive Exams RBB, SSC, MBA, B.Com, BBA Enterence exams Solving quiz you will prepare yourself..

Created on November 29, 2020 By

wefru

Projects Series 1

TEST YOUR SKILLS BRODLY

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Q.1 Being assigned as a project manager, you noticed during project execution that
conflicts arise in the team on both technical and interpersonal levels. What is an
appropriate way of handling conflicts?1

Conflicts distract the team and disrupt the work rhythm. You should always smooth them when they surface.

A conflict should be handled in a meeting so that the entire team can participate in finding a solution.

Conflicts should be addressed early and usually in private, using a direct, collaborative approach

You should use your coercive power to quickly resolve conflicts and then focus on goal achievement

2 / 10

Q.2 What is the purpose of a project charter?

To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations.

o To document how the project will be planned, executed, monitored/controlled, and closed.

To link the project, which is going to be planned, executed, and monitored/controlled to the ongoing work of the organization.

To describe the process of performing the work defined in the project management plan in order to achieve the project’s objectives.

3 / 10

Q.3 The concept of (the) _________ states that changes related to one
requirement—scope, time, or cost—will at least influence one other element.3

Three-point estimation

Triple constraint

Three wise men

Three needs theory

4 / 10

Your organization is considering to run a project which will entail an investment
of $1,000,000. The product from the project is forecasted to create revenues of
$250,000 in the first year after the end of the project and of $420,000 in each of
the two following years.
What is true for the net present value of the project over the three years cycle at
a discount rate of 10%?4

The net present value is positive, which makes the project attractive

The net present value is positive, which makes the project unattractive.

The net present value is negative, which makes the project attractive

The net present value is negative, which makes the project unattractive

5 / 10

Q.5 What does the term best practice often refer to?5

A standardized set of deliverables, like plans, reports, and checklists.

A set of tools and techniques that a project manager should master.

The concept of state of the art applied to project management.

A specific sequence of work, described in terms of soft logic.

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Q.6 The communications management plan is a document which includes descriptions
of6

Project level performance reports

Activity level status reports

Stakeholder communication requirements

Project benefit analysis results

7 / 10

Q.7 _________ are usually not a manifestation of unique organizational cultures and
styles.

Shared visions, values, norms, beliefs, and expectations

Individual traits and attitudes of co-workers

Views of authority relationships

Policies, methods, and procedures

8 / 10

8. Which of the following is generally not regarded as an element of active
listening?

Making eye contact

Paraphrasing

Interpreting the information

Interrupting when appropriate

9 / 10

Q.9 You were able to obtain measuring equipment with very high accuracy and
precision. You used it to make a sequence of measurements directly at a
production process output and depicted the results on the following control chart.
Which statement is the best conclusion from these results?

The process has high precision but low accuracy. It should be adjusted

The process has high precision but low accuracy. It should be improved.

The process has high accuracy but low precision. It should be adjusted.

The process has high accuracy but low precision. It should be improved.

10 / 10

Q.10 As the project manager, you decided to arrange a team meeting to identify and
analyze lessons learned from quality control with stakeholders. What should you
do with them?

Document them and make them part of the historical database for the project and the performing organization.

Discuss them with management and make sure that they remain otherwise confidential

Publish them in the corporate newsletter

Follow your strategic decisions, independent from lessons learned. These decisions have been made and should be implemented whatever the outcomes are.

Your score is

The average score is 10%

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