Project Management MB0033

MBA-2(SMU)SAMPLE PAPER-II

1-Marks Questions

Qs 1. which of the following is the job Responsibilities of project manager 1. scheduling2. Ensuring technical quality3. Manage relations with the customer and company4. All of the above are true

Qs 2. project mgmt. Is necessary because a loss in any project would have direct or indirect impact on the society

1. True2. False

Qs 3. project feedback analysis and project execution report comes under –1. Marketing phase2. Design phase3. Inspecting , testing and delivery phase4. post completion analysis phase

Qs 4.which of the following are not the parameters of project that are not meant for the negotiation

1. changes to scope, cost 2. Resources3. society and culture4. schedule objectives

Qs 5. Law, strategic planning , logistics, human resource management and domain knowledge this disciplines support project mgmt.

1. yes2. No

Qs 6. The probability of completing the project can be estimated based upon the normal distribution curve. In the initial stage of the project the probability of completing the project is low through not zero.

1. Correct2. Incorrect

Qs 7. The entire process of a project may be considered to be made up on number of sub process placed in different stage called the ------

1. Flow diagram2. Relationship diagram3. WBS4. Work chart

Qs 8. checklists of possible risks , surveys ,meetings and brainstorming and reviews of plans process and work products comes under --------1. Risk prioritization2. Risk control3. all of the above4. Risk Identification and Assessment

Qs 9. Milestone analysis report corresponds to1. Risk prioritization2. Risk control3. all of the above4. Risk Identification and Assessment

Qs 10. Project -------- could be a set of outputs that are expected during various stages of the project. It could be as simple as a new product or modification to an existing product.1. Report2. Deliverables3. review4. RequirementsQs 11. time , responsiveness, information sharing ,flexible process and structured planning are not the characteristics of project mindset

1. ture2. false

Qs 12. follow up the actions planned in strict manner which ensures ---------1. conformity of the standards2. uncertainity of standards3. fulfillment of standards4. all of the above are correct

Qs 13. a review may be in the following form-1. final product review2. outstanding project work review3. project and process review4. all of the aboveQs 14 During --------- the objectives , performance criteria, financial criteria, resource utilization, slips and gains of time , adherance to the project definition and plans have to be reviewed1. final product review2. outstanding project work review3. project and process review4. all of the aboveQs 15. DMAIS stands for1. define, measure, analyze, improve standardize2. develop, moderanize, analyze, implementation, standardize3. develop, measure, analyze, implementation, standardize4. define , moderate, actual, improve standardsQs 16. an information system dealing with project mgmt tasks is project mgmt. ---------------- it helps in decision making.

1. information system2. database system3. knowledgebase system4. all of the above are correctQs 17.strategic inflection point may be related to ---------1. political2. geophysical3. time4. all of the aboveQs 18.Reviews are a check process in the ---------1. do –plan-check-act2. plan-do-check-act3. act-do-check-plan4. check-do-plan-act

Qs 19. PDM(partnering decision making) is made scientific through1. Earned value mgmt system2. budgeted cost of work scheduled3. Budgeted & Actual cost of work performed4. all of the above

Qs 20. PMO will act as a coordinator body giving support to all of them in terms of --------

1. human resources2. budgets and legal requirements3. procurement of materials4. all of the above are correct5. none of the aboveQs 21. Initiation reviews, planning and proposal reviews , procurement reviews and quality assurance review , these are the process where we ---------------information from the team experience and see the variances and deviations from the plan. These reviews help in increasing ------- and improve organizational success.

1. capture, productivity2. collect, efficiency3. convert , turn-over4. transform, productivity

Qs 22. POR-plan of record should be prepared for the process and tools used in the projects.

1. correct2. incorrect

Qs 23. Managerial and executing productivity are measure in relation to ----- defects and overall team performance.

1. high2. low3. zero4. 70%

Qs 24. creativity, lateral thinking, quality circles, implementing TQM and empowerment of junior level executives are the area where --------- are taken into consideration.

1. project success2. process success3. managerial productivity4. criticality of project

Qs 25. ------- is a set of non-repetitive activities which create a unique product or service

1. product cycle2. project cycle3. project development process cycle4. process development process cycle

Qs 26.--------- is entrusted to a smaller team within a team for initiating, implementing, analyzing and distributing the process

1. CBPI(continuous business process improvement2. information risk mgmt.3. force field analysis4. SEI-CMM and ISO certification

Qs 27. Information technology, automation of physical work, workplace flexibility and Globalization of Markets, supplies and workforce are the areas of concern in ---------

1. product mgmt2. process mgmt3. project mgmt4. people mgmt

Qs 28. the project manager and his team committed to any one project will have to depend upon the various functionaries in the administrative functions like --------

1. Human Resources2. finance3. purchase & Legal 4. all of the above

Qs 29. Total quality mgmt. is not an ongoing effort among members across functions to find new ways to improve quality in products and services

1. Correct2. Incorrect

Qs 30.-------- means highest levels of trust, fairness and honesty are expected while dealing with people both within an outside the organization.

1. Integrity2. People relationship3. customer orientation4. innovation and creativity

Qs 31. the project mgmt. capability can be enhanced with the help of the ----

By setting objectives and measuring them with success achieved.1. CEO2. project manager3. PMO4. CFO

Qs 32. HR manager is trying to devise schemes to make the place of work to be ‘fun place’

1. true2. false

Qs 33. --------- tool compares the quality characteristics in our product with those in our competitors and their relative importance to the customer. To achieve them, we find the technical specification we have to incorporate in our product.

1. quality function deployment2. process flow map3. project mgmt. plan4. customer requirment

Qs 34. the project mgmt review process for corporate and major information system was instituted to review all corporate and major information systems. This process is in concert with the framework for the capital planning and investment control process

1. correct2. incorrect

Qs 35. ------ develop or approve project deliverable, present project status, facilitate resolution of project issues

1. program managers2. chief financial officer3. chief information officer4. system owners

Qs 36. set of review charts, supporting documentation , handouts, project plan, WBS, and review meeting notes are the documents that should be provided for the projects participation in the --------- process

1. Requirement2. Review3. project implementation4. product implementation

Qs 37. product measurements are used in quality assurance processes to project and measure product quality. These include defect --------------------

1. defect reporting2. testing status3. customer satisfaction measurements4. all of the above

Qs 38. Risk identification, risk analysis, risk mgmt. planning and risk review are the steps to -------- a risk

1. measure2. control3. manage

4. all are correctQs 39. -------- is the risk arising out of a change in any of the following marketing parameter – price change, changes in market regulations, economic changes , competition, competitors product changes etc.

1. project risk2. industry risk3. market risks4. social and political risk

Qs 40. CSIA stands for1. corporate systems information architecture2. control system interface architecture3. common system information architecture4. corporate sequence information architecture

2-Marks Qs

Qs 1. ------- will also provide an input to --------1. key sequence factor, effective exit strategy2. key success factor, efficient exit strategy3. key success factor, effective exit strategy4. none of the above

Qs 2. Odette documentation system specification document , the intent of this document is to define the --------- of the documentation system, its -------the method of content generation and to attain common documentation of all standard processes of odette.

1. structure, content2. tool , content3. display, structure4. graphics , content

Qs 3. the ---------uses a web site data collection system for tracking and documenting costs. The ---------- is responsible for ensuring that capitalization costs are captured for the project.

(A) CFO, program manager(B) CFO , project manager(C) CIO, program manager(D) CFO, project manager1. (A) and (B) both are correct2. Only A is correct 3. Only D is correct4. Only C is correct

Qs 4. product measurements are used in quality assurance processes to project and measure ------------. These include defect reporting , testing status and -------------1. product quality, customer satisfaction measurements

2.process quality, business expansion3. project quality, measurements4. product quality , post implementation

Qs 5. the --------- is responsible for raising issues or concerns that require assistance or guidance to the attention of the ----------.

1. CFO,CIO2. project manger, CFO3. project manager, CIO4. CIO, CFO

Qs 6. the summary report will be used by the -------CIO when reporting status to the CIO council. The summary report will include the information regarding------

1. CFO, summary status2. CIO, open issues3. Project manager, status of schedule / Cost4. CIO, status of schedule / cost/ open issues items / performance /

objectivesQs 7. Match the column A with B

A B

(i)project risk (a)change in scientific instruments(ii)market risk (b)changes in resource requirements(iii) industry risk (c)economic changes (iv)social and political risk (d)environmental / labour law

1. (i)-(b), (ii)-(c), (iii)-(a),(iv)-(d)2. (i)-(d), (ii)-(c), (iii)-(a),(iv)-(b)3. (i)-(b), (ii)-(a), (iii)-(c),(iv)-(d)4. (i)-(b), (ii)-(d), (iii)-(a),(iv)-(c)

Qs 8. there are two things one can do to manage risk. The first is to take action to --------- the likelihood of the risk occurring . second , we can take action to reduce the -------- if the risk does occur.

1. increase , impact2. decrease, impact3. neutralize, influence 4. zero, corresponding effect

Qs 10.which of the following does not comes under the identification of risk mgmt. process

1. what would the consequence be if the risk item did happen?2. determine how likely it is that the risk item will occur, using a scale of one

to ten3. to determine the priority of the risk items and thus which to work on 4. analysis of the risk

Qs 11.the process chain describes a process based on the --------- as well as the logical----------

1. chronological, interdependencies

2. ageing , physical interdependencies3. interface , interdependencies4. interdependencies, chronological

Qs 12. key performance indicators (KPI)shall cover objectives for all areas of the materials ------------- and ----------------

1. requirements, logistics process2. planning , logistics process3. testing, action plan4. measurement , analysis

Qs 13. The portfolio of project consists of both ------------- of projects and ---------- projects

1. programme, individual2. projectised, programme3. product, individual4. process, individual

Qs 14. the initiatives taken up for multiple------------ and issues related to ------------- constitute P2M

1. drawbacks , risks2. benefits, advantages3. benefits , risks4. all are correct

Qs 15. the final measures of success of the project is ------ of the ---------1. satisfaction , customer2. productivity , customer3. productivity, efficiency4. benefits, society

Qs 16. (i) Managerial and executive productivity are measures in relation to zero defects and overall team performance(ii)Installing development methodologies and quality system is not the responsibility of managers1.(i)True (ii)True2. (i)false(II)false3. (i)false(II)true

4.(i)true(II)falseQs 17. The project manager should understand the ------------ of the ----------He works for.

1. flexibility, work2. Business, organization3. reliability, team4. all of the above are correct

Qs 18. Regarding project mgmt. skills the project office can help the --------- in the project scope definition, project kick-off preparation and -------- tasks through monitoring and coaching services.

1. CFO, testing 2. project manager, planning3. CIO, planning

4. Programme manager, analysisQs 19. management assurance measure is a task performed by the -------- to balance efforts to convince mgmt.against wavering with efforts to prepare team members to counter any unexpected storms in the project.. strategic inflection point may be related to political, geophysical and time.

1. CFO, true2. project manager, true3. CIO, false4. Programme manager, false

Qs 20. (i)project gets affected by the conflict(ii)knowledge is the most powerful mover of the wheels of progress of project. Seniority is no more an automated scale for knowledge.

1. (i)true (ii)false2. (i)true (ii)true3. (i)false (ii)false4. (i)false (ii)true

4-Marks questions

Qs1. project risks is the risk arising out of a change in the scope of the project, changes in the work quantities ,estimation error or unexpected developments in a project. ----------is the risk arising out of a change in any of the following marketing parameter-price change, changes in market.-------is the risk arising out of a change in companies policies and ---------- arising out of changes in labor situation labor law, environmental law etc.1. social & political risk ,industry risk, market risk, project risk2. project risk ,industry risk, market risk, social & political risk3. project risk , market risk, industry risk, social & political risk4. all of the above

Match Part - A with Part - B

part –A part - B

Qs 2. (A) CPIC (i)rate of investment (B)CSIA (ii)break even parameter (C)ROI (iii)return on investment (D)BEP (iv)capital planning & investment control

(v) Corporate systems information architecture document (vi)break even point (vii)corporate planning & investment control

(viii)collaborative systems for information analysis

1. (A)-(iv),(B)-(v),(C)-(iii),(D)-(vi)2. (A)-(v),(B)-(viii),(C)-(i),(D)-(ii)3. (A)-(viii),(B)-(vii),(C)-(iii),(D)-(ii)4. none of the above

Qs 3.(i) risk identification can be done using a brainstorming session (ii)risk analysis is to make risk item more specific(iii)risk mgmt. is not the planning to potential problems(iv)controlling the risk means controlling the deviations in a project which

1. (i)true, (ii)true, (iii)false, (iv)true2. (i)true, (ii)true, (iii)false, (iv)false

3. (i)false, (ii)true, (iii)false, (iv)true 4. (i)true, (ii)false, (iii)false, (iv)true

Qs 4. the perception of a manager in current trends in project mgmt. is to obtain------.Review are a check process in the --------- cycle of a quality cycle. ----------- is a process through which a project team passes on the details of any system as recommendation for standardization. --------- is a task performed by the project leader to balance efforts to convince mgmt. against wavering with efforts to prepare team members to counter any unexpected storms in the project.

1. Result, plan-do-check-act, continuous business process improvement, mgmt assurance process

2. output, continuous business process improvement, plan-do-check-act, management process

3. check, continuous business process improvement, management process, Review

4. none of the aboveQs 5.(i) Projectised organization achieve higher efficiencies because they do the same jobs repeatedly(ii)all the tenets of project mgmt. can be applied to traditional organizations.(iii)assign priority of divisional mgmt. efforts based on ------ backed by statistics or --------- for prevention of problems.

1. (i)true, (ii)true, (iii)rules of thumb, pareto’s law,2. (i)false, (ii)false(iii)pareto’s law, rules of thumb3. (i)true, (ii)false, (iii)pareto’s law, rules of thumb4. (i)false, (ii)true, (iii) rules of thumb, pareto’s law

Qs 6. A life cycle of a project consists of understanding the ------- and ------- of the project, formulation and planning various --------, project execution and project --------- and the project resources.1.scope, objectives, activities, monitoring and control2. activities scope, objectives, monitoring and control3. strategies, goals, activities, monitoring and coordination4. sequence, scope, activities, monitoring and control

Qs 7. project mgmt. consists of interacting process namely --------, --------Interactions, and ----------- which are organized in groups. project process is classified into -------- and ------ process

1. project process, process groups, product oriented ,project mgmt. customization.

2. project processes, process groups, customization, project mgmt., product oriented

3. product process, process groups, process oriented ,process mgmt. customization.

4. product process, project groups, project oriented ,project mgmt. customization.

Qs 8. the --------- is responsible to carry out all the tasks of a project. Life cycle of a project manager --------- with the development life cycle in the middle. The analysis and evaluation phase starts with receiving a request to analyze the problem from the manager--------. SQC has to be conducted to determine the essential requirements of a project for achieving the target-----

1. project manager, overlaps, true, false2. product manager, overlaps, false, true3. product manager, overlaps, true, true4. process manager, overlaps, false, falseQs 9. ------- and ------- refers to the mechanism applied on the inputs to create desired outputs. Design phase consists of inputs received and output produced -----------. Project feedback analysis and project execution report is done in post completion analysis phase of the proje ---------.1. tool, techniques, false, false2. tool, techniques, true, true3. tool, techniques, true, false4. tool, techniques, false, true

Qs 10.(i) one of the reasons why a project may fail is that project mgmt is not observed. (ii)if the project objectives are in alignment with business objectives, then the project may be a failure. (iii) scope, cost and schedule are some of the parameters used for project negotiation (iv)A project may be stated as – a single disciplined team brought together for the project

1. (i)true (ii)false (iii)true (iv)false2. (i)true (ii)true (iii)true (iv)true3. (i)true (ii)true (iii)true (iv)false4. (i)true (ii)false (iii)true (iv)trueQs 11. In the control process the progress is ---------- and the --------

Are managed . the entire process of a project may be considered to be made up on number of sub process placed in different stage called the ---------- . ------------ is the amount of time, which a successor task can overlap with its predecessor task, i.e. the time before the completion of the predecessor at whick the successor can start.1. monitored, changes, WBS, Lead time2. monitored, changes, Data flow chart, Lag time3. tracking, changes, WBS, Lead time4. monitored, controls, WBS, Lag time

Qs 12. it is possible to work according to the project plan only by careful ------ of the project progress. During the -------- the members must keep a track of the project progress and communicate the same to other related members of the project. To ------- and ----------of project is possible if the project members follow the quality charts and norms very strictly.1. Draw, manipulation, analyze, improve, standardize2. Decision, monitoring, analyze, improve, formatize3. Define, measure, analyze, improve, standardize4. Define, measure, analyze, improve, standardize

Qs 13.(i) continuity or status quo is a function of quantum of changes(ii)Modern domains and development process are highly static(iii)the Secret formula for a member is to build an inventory of encounters meaningful to his or her own dream or passion profile.(iv)it is possible to manage the conflicts by discussing and sharing the problems1.(i) true, (ii)true (iii)false (iv)false2.(i) false, (ii)false (iii)false (iv)false3.(i) true, (ii)true (iii)false (iv)true4.(i) true, (ii)true (iii)true (iv)true

Qs 14. In cases where there are many project running, the PMO will act as a -------------- giving support to all of them in terms of human resources , budgets , procurement of materials. ----------- and ------------- should be closely watched for the success of project. The POR is for both ------- and-------------.

1. coordinating body, documentation, authorizations , process and reviews

2. Organizing body, documentation, authorizations , project and reviews3. controlling body, monitoring, authorizations , process and reviews4. controlling body, monitoring, authorizations , product and testing5.

Expansions

SAN-storage area networksRDC-regional data centres (RDCs)MME-Microsoft model enterprisesOJS-Open journal servicesASN – advanced shipping noticesROI – Return on investmentBEP- Break even pointCPIC-capital planning and investment controlCSIA-Corporate system information architecture documentCIO-chief information officerCFO- chief finance officerFTR-first time reviewEA-Enterprise ArchitectureP2M – project and program mgmt.TQM-total quality mgmt.CPM-critical path methodHRM-human resource mgmt.PMO-project mgmt. officeDMAIS-define, measure, analyze, improve, standardizeKSF-key success factorPDM-partnering decision makingEES-effective exit strategyBCD-basic consensus documentPMIS-project mgmt information systemSCM-supply chain monitoringASN-Advanced shipping noticesGDM-global delivery model