
Project Controls PC 05 Rev 03
Quiz
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Other
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1st Grade
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Practice Problem
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Medium
Gary Carr
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between qualitative and quantitative risk analysis?
Qualitative analysis focuses on positive risks, while quantitative analysis focuses on negative risks
Qualitative analysis uses numerical values, while quantitative analysis uses descriptive terms
Qualitative analysis assesses the information both probable and impactful, while quantitative analysis assesses the likelihood of risks with given scoring parameters.
Qualitative analysis is subjective, while quantitative analysis is objective
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a Project Execution Plan?
To communicate project goals to stakeholders inclusive of the how we are going to achieve the deliverables.
To allocate project resources
To identify and manage project risks
To develop project assumptions
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are contingencies in project management?
Additional resources allocated for unexpected events
The key elements identified to develop the basis of schedule and estimate
The assumptions made during project planning
The risks that have a positive impact on the project
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do we need a Quality Plan or QMS (Quality Management System)?
To allocate project resources effectively
To communicate project goals to stakeholders
To ensure project deliverables meet quality standards
To identify and manage project risks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the key elements identified to develop the basis of schedule and estimate?
Additional resources allocated for unexpected events
The assumptions made during project planning
The risks that have a positive impact on the project
The key resources identified to develop the basis of schedule and estimate in terms of Human, Mechanical & Materials.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where would you search within your Project OPA'S in order to find which resources and when you will be requiring them?
Project Charter
Risk Register
Resource Calendars
Business Case
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
PQM stands for which option?
Pre Qualification Measurement
Project Quality Management
Personal Question Mentor
None of the options listed.
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