SY53102 Project Management

Which is the first phase of project management?

• Initiation

• Planning

• Execution

• Closing

Which one of the following is NOT a project element?

• Scope

• Time

• Cost

• Material

Which is the risk level of an activity of an if the likelihood is low and the impact is high?

• Low

• Medium

• High

• Critical

What is the weighted average with MOST LIKE TIME of 5 days, OPTMISTIC TIME of 4 days, and PESSIMISTIC TIME of 6 days?

• 4 days

• 5 days

• 6 days

• 7 days

Which activity occurs during the closing phase?

• Celebrate success

• Determine customer requirements

• identify risks

• Purchase equipment

Which of the following describes the budgeted cost of the work schedule?

• Actual Cost

• Earned Value

• Planned Value

• Budget

Which one of the following is NOT a challenge of managing a project?

• Great Teamwork

• Scope change

• Insufficient team skills

• Unrealistic deadlines

Which one of the following is NOT a project dependency?

• Start-to-Start

• Start-to-Finish

• Finish-to-Finish

• Finish-to-End

Project 1 NPV=-$100

Project 2 NPV=-$500

Project 3 NPV=$50

Which project should you choose?

• Project 1

• Project 2

• Project 3

• Project 4

How should you select a project?

• The one with the highest Positive NPV

• The one with the lowest NPV

• The one with a negative NPV

• The one with zero NPV