PM - Quiz 2

It is making a decision how the organization will complete its rivals in the industry where it is participating

• Outcome

• Management

• Process

• Strategy

It is a first process to appraise each project proposal and decide on the premier priority project/s for more analysis.

• Project Management

• Project Portfolio

• Project Selection

• Project Maturity

The Choice to embark on the project is founded on the desire to preserve the company's competitive position in the market.

• Competitive Necessity

• Operating Necessity

• Project Line Extension

• Sacred Cow

It measure the time it will take to recover the project investment.

• Net present value

• Payback period

• Benefit-cost ratio

• Internal rate of return

It spells out project performance markers that permit contrasting predicted and real performance, aside from observing and reporting schedules.

• Project selection model

• Project management maturity

• Strategy Management

• Performance management plan

Which among the following is a key player who performs delicate responsibilities in project portfolio management?

• Executive Team

• Project Manager

• Project Portfolio Manager

• All of them

It is the set of documents presented for assessment.

• Project Deliverable

• Project Documentation

• Project proposal

• None of these

Which among the following is NOT a significant criteria in choosing a project?

• Realism

• Cost

• Flexibility

• Quality

It is the discount rate which equates the present value of the future cash flows of an investment with the initial investment

• Internal rate of return

• Net present value

• Payback period

• Profitability index

The project manager is an inessential input in the success of any project.

• True

• False