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ANSWER KEY

COURSE: MBA SEMEMSTER 3

PAPER CODE: PM0011 BOOK ID: B1237

PAPER NAME: Project Planning & Scheduling

Q.No.

Question Statement1 marks question (question 1 to 20)

CorrectOption

SectionNumber

PageNumber

1 Project planning is an element of project

management focused on ________________

of tasks and resource assignments.

a. detailed scheduling

b. Reduced costs

c Validity limitations

d. Environmental Impact

a 1.2

2 A degree of change and ___________ is

inherent in engineering and industry, and it

should be expected that a plan will change.

a.Environment

b. Road Map

c.Location

d.Uncertainty

a 1.2

3A project plan starts with a project requirements

document and _____________ both of which are

prepared during the project initiation process

B 1.2

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a. Grid test

b. Scope definition

b. Scope definition

d. Execution

4

As per the project management fraternity,

project management can be dissected into

_____________ and 5 process groups.

a. 9 knowledge area

b. 6 knowledge area

c. 10 knowledge area

d. 4 knowledge area

a 2.2

5

The major parts of a project management plan

are lifecycle selected, _________________

plan and configuration management

a. Risk Management

b. Change Management

c. Finance Management

d. Personnel Management

b 2.3.1

6Project plan is like a guide to the projectfrom ___________ to closing

a. Subsidiary plans

b. Whom

c. Initiation

d. funding

c 23.1

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7

The ___________________ is a detailed

listing of the deliverables and tasks forbuilding the product or delivering the service.

a. Functional Aspect

b. Base Function

c. Division Bases

d. Work Breakdown structure

d 3.1

8

The balance between detail and __________

-------will ultimately determine the successful

use of the WBS

a. applied information

b. Collective Information

c. Unrelated Cost Elements

d. Validation Process

a 3.2

9 When the WBS is structured to support

_______________, project teams can quickly

review bids to determine where they may vary

from plan

a. Baseline estimate

b. Contract packages

c. Mapping exercises

d. Non-flexible elements

b 3.4

10 The WBS is a _____________ hierarchy of the

scope of work, and is embodied in a numberingstructure that provides a system for organizing

b 43

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the scope in a logical manner.

a. Firm oriented

b. Product-oriented

c. Locationoriented

d. Market-Oriented

11 It is usual for organizations to use a formal

project management methodology in which a

_______________ document is prepared.

a. Project Initiation

b. Project Differentiation

c. Project Audit

d. Stakeholder

a 4.3

12 ____________ is one of the most common

reasons projects run over budget and deliver

late

a. Human resources

b. Legal implications

c. System facility

d. Scope Cree

d 43

13 ___________this estimating technique uses

information from previous similar projects to

calculate the duration.

a. Expert Judgment

b. Analogous estimating

c. Parametric estimating

a 5.4.2

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d. Program evaluation and Review Technique

14 _______________is the information about

schedule milestones, activities and their

characteristics, assumptions made and

constraints.

a. Project Schedule

b. Schedule Baseline

c. Schedule Data

d. Project Document Updated

c 5.5

15 While scheduling the project, we have studied

different methods to analyze the activities and

to _________ the flow of activities

a. Structure

b.Resource

c.Network

d. Cost

a 6.9

16 PERT uses ____________ activities

a. Parallel

b. Series

c. Sequential

d. Random

a 6.2

17_________________uses an algorithm to

calculate project schedule.

a. Microsoft

a 7.6

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b. Activity Planning

c. Resource Levelling

d. Control phases

18 As the scope and extent of project increases,

the CPA process becomes___________

a. Simplex

b. Complex

c .Duplex

d. Linear

b 7.9

19 _____________ is about forecasting actions

related to the nine knowledge areas.

a. Planning

b. Quality

c .Policies

a 8.1

20 ____________process is used to

mathematically assess the effect of the risks

identified for the project

a. Risk register

b. Organizational assets

c. Quantitative risk analysis

d .Expert judgment

c 8.3.3.2

2 Mark Question (Question No.21 to 31)

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21State whether following statement true or false

1.The last thing a project manager wants is constantdemonstrations and disruptions while the project isbeing carried out

2. The best way to carry on project is to ignoredisruptions

a. 1T, 2F

b. 1F, 2F

c. 1F, 2T

d. 1T, 2T

a.1T 2F 1.3

22 Which among the following need not be consideredas environmental aspects for carrying out project insome part of the world

a. Tornado or Typhoon Seasonsb. Political Systemc. Rainy seasonsd. Radioactive materials

b 1.3

23 State whether following statement true or false

1. The Six process groups are based on Demings

cycle, considering a project as a solution to a given

problem

2. As per the cycle, these are four steps to a problem

solving process.

a. 1T, 2F

b. 1F, 2T

c. 1F, 2F

d. 1T, 2T

b.1F 2T 2.2

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24 State whether following statement true orfalse

1. Planning process group collects informationfrom various constituent processes up to thedegree of completion and confidence.

2. As per PMI, there are 20 processes in theplanning process group, which is half of the totalproject management processes

a, 1T, 2F

b. 1F, 2Tc. 1T, 2Tc. 1T, 2T

a. 1T 2F2.2

25 State whether statement true or false

To maximize the structure whendeveloping the WBS:1. It must be cost effective to use2. End users should be able to easilymemorize the WBS

a. 1F, 2Fb. 1T, 2Tc. 1F, 2T

d. 1T, 2T

c.1F 2T3.2

26 State whether statement true or false1. Performance measurement is an

integral part of preparing revised costforecasts

a.1T 2F 3.4

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2. The usefulness of WBS in costreporting is its inconsistent presentationof cost data

a. 1T, 2Fb. 1T, 2Tc. 1F, 2Td. 1F, 2F

27 State whether following statementtrue or false

1. Planning must identify desiredperformance and technology levels

2. Planning must be based on the pastestimates of the eventual cost,schedule, and scope of work

a. 1F, 2Tb. 1T, 2Fc. 1F, 2Fd. 1T, 2T

b.1T 2F 4.2

28 State Whether Statement is True or False

Selection of project activities:

1. This is the process of decomposing theproject into individual task, which are not tobe performed for project progress to itsobjectives and is an important step formeeting project scope.

b.1F 2T 5.3.1

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2. These activities act as a basis forestimating, scheduling, executing andmonitoring and controlling the project work.

a.1T 2Fb.1F 2Tc.1T 2Td.1F 2F

29 Estimates can be made of how long the workwould take if things go better than expectedand conversely, if things go worse thanexpected. These are called the____________ and_____________conditions

a. Most likely time and Pessimistic timeb. Optimistic and Pessimisticc .Most likely time and Optimisticd. Trial & Error

b 6.2

30 Critical Path Analysis flow diagrams are very good forpresenting mutually dependent factors whose timings

__________ or ____________

a. Overlap or separateb. Divide or separatec .Overlap or Coincided. Separate or Coincide c 7.2

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31 State whether the following statement true or

false

The major outputs of the quality planning

process are:

1 .Quality metrics: This tool is used to

specifically describe the project characteristics

and how it would be measures in quality

processes.

2. Quality checklist: This is the tool used to

list the major quality components which are

not to be checked and verified in a project.

a. 1T, 2F

b. 1F, 2T

c. 1F, 2F

d. 1T, 2T

a.1T 2F 8.2

4 Mark Question (Question No. 32 to 38)

32

Match the following

Prioritizing strategic options through Strategic OptionGrid which looks at a number of options against thefollowing generic criteria

Set 1A. Strategic Attractiveness

B. Financial AttractivenessC. Uncertainty RiskD. Acceptability to Stakeholders

Set 21. Degree of sensitivity to external and internal shock2. Strength of the factors driving growth andcompetitive pressure3. Future support for the strategy and influence of thekey players4. Determined by the value and cost drivers

a. A-2, B-4, C-1, D-3b. A-3, B-1, C-4, D-2

a.A-2, B-4,C-1, D-3

1.4

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c. A-4, B-2, C-3, D-1d. A-1, B-3, C-2, D-4

33Match the following

Set 1

A. Project Integration ManagementB. Project Scope ManagementC. Project Time ManagementD. Project Cost Management

Set 2

1. Relates to the processes which need to beaccomplished to complete the project2. The processes in this knowledge area

handle project cost3. Amalgamate all the forty two processes ofproject management4. Required to define the work required in aproject

a. A-4, B-2, C-1, D-3b. A-3, B-4, C-1, D-2c. A-2, B-1, C-4, D-3d. A-1, B-3, C-2, D-4

b.A-3, B-4,C-1, D-2

2.2

34

Match the following:

Set 1A. administrative unit basisB. budget account basisC. product basisD. sequential basis

Set 2

1. Order in which activities are performed2. Project is divided into distinct components3. Infuses the resource based structure into thework breakdown structure4. Puts organizational elements into the WBS

a. A-3, B-1, C-4, D-2b. A-2, B-3, C-4, D-1c. A-1, B-4, C-2, D-3

d. A-4, B-3, C-2, D-1

d.A-4, B-3,C-2, D-1

3.7

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35 Match the following:

Set 1A. Scope

B. Project ScopeC .Scope StatementD. Statement of Work

Set 21. Document for Future Decisions2. Summation of all deliverables3. Narrative description of the work4. Products, services and end results

a. A-2, B-4, C-1, D-3b. A-4, B-2, C-3, D-1

c. A-3, B-1, C-2, D-4d. A-1, B-3, C-4, D-2

a.A-2, B-4,C-1, D-3

.4.4

36 Match the following

Set 1a. Project Scheduleb. Schedule Baselinec. Schedule Datad .Project Document Updated

Set 21. Is the information about schedule milestones,activities and their characteristics, assumptionsmade and constraints2. Some of the project documents which need tobe updated may include List of activities, activitycharacteristics, and risk register.3. This is a version of schedule, approved byproject management team, with the baselinestart and end date of the project.4. This structured document gives us the startand end date of each activity.

c.A-4, B-3,C-1, D-2

5.5

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37 Match the following

Set 1A .teB. aC. mD. b

Set 21. Estimated time2. Most likely time3. Pessimistic time4. Optimistic time estimate

a. A-3, B-4, C-1, D-2b. A-2, B-3, C-4, D-1,c. A-4, B-3, C-1, D-2,d. A-1, B-4, C-2, D-3

d.A-1, B-4,C-2, D-3

6.2

38 Match the followingSet 1A. ActivityB. EventC. Crash-TimeD. Critical Chain

Set 21. A specific set or a single task required to be doneto ensure the completion of the project2. Represents the amount of time taken to completean activity3. The sequence of both precedence and resource-dependent terminal elements4 .The result of completing one or more activity

d.A-1, B-4,C-2, D-3

7.7

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