GURUKUL INSTITUTE OF MANAGEMENT

FIRST INTERNAL TEST FOR MBA SECOND SEMESTER SUBJECT: PROJECT MANAGEMENT SECTION (A) Each question carrys one mark (10x1=10)
1. The ultimate aim of Project Management is to achieve_______ a) Project completion stage c) Individual goals 2. WBS stands for________________ a) Work break structure c) Work breakdown structure b) Work breakage schedule d) Work breakdown system b) Organisational goals d) Project Appraisal stage

3. Which one of the following is not a feature of a Project? a) It is used as a means of change c) It is repetitive 4. b) It is temporary d) It is a unique

Economic analysis is referred as______________ a) Variance analysis c) Terrain analysis b) Demographic analysis d) Social cost benefits analysis

5.

Strength of stakeholders is not due to his___________________ a) Scattered membership c) Public support b) Political alliance d) Quality of strategies

6.

The correct sequence is ____________ a) Project plan, Strategic plan & Functional plan b) Project plan, Functional plan & Strategic plan c) Strategic plan, Functional plan & Project plan d) Strategic plan, Project plan & Functional plan

7. The Project Manager conduct the analysis of the problem and submit the report to the_______________________ a) Lower management c) Middle management 8. b) Top management d) all of above

Controlling process controls _______________ a) Time c) Quality b) Cost d) All above

9.

If you add more staff, the schedule may shorten and cost will increase. a) True b) False c) Depends

10. What do you mean by RCA concept? a) Root case analysis c) Root causes analysts b) Root Cause Act d) Root cause analysis.

SECTION (B) Each Question carrys Two marks (10x2=20)

1. Name the three sequential processes of Project Planning from the options. a) The identification process, the analysis process & the review process b) The identification process, the review process & the analysis process c) The analysis process, the identification process & the review process d) The review process, the identification process & the analysis process 2. The main objective of Risk Management is to identify and maximize the risk of Project. a) True 3. b) False c) Depends

What do you mean by Project Customization? a) Reviewing the project c) Project modification b) Controlling the project d) Project monitoring

4.

The role of Project Manager is to_________________ a) Manage the project c) Monitor the project b) Control the project d) Above all

5.

What do you mean by Project Outlay in Financial Analysis? a) The profit c) the overall loss b) the other financial benefits d) the budgeted expenditure of the Project

6.

Is this true that Communication is one of the important knowledge key areas in Project Management? a) False b) Depends c) False

7.

What includes in Process Interactions in Project Management Process? a) Output, Input & Tools and techniques b) Input, Output & Tools and techniques c) Tools and techniques, Input & Output d) Input, Tools and techniques & Output

8.

Whether the customers includes in Project Management Players? a) Yes b) No c) Depends

9.

What do you mean by Peak Time in Product Life Cycle concept? a) Companies bad time c) Product/Projects attract market b) Project Failure stage d) Product/Project decline stage.

10.

What Kiviat Graph indicates? a) The completeness of project c) The readiness of resources for use b) The readiness of process d) The project potential status.

SECTION (C) Each question carrys Five Marks (4x5=20)

1) Draw a Product Life Cycle (PLC) 2) Explain the Project Development stages/phases 3) Describe the 5 dimensions of Kiviat Graph 4) Name the two estimation approaches in a Project management process.

5) Explain the components in Risk Management.