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WEEK 2 (INTRO)

Authored by DR ISHAK

Other

12th Grade

Used 2+ times

WEEK 2 (INTRO)
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three interrelated objectives of a project?

Scope, Time, Cost

Quality, Time, Resources

Scope, Quality, Budget

Time, Cost, Resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a critical skill for a project manager?

Technical expertise

Negotiation skill

Financial analysis

Time management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the project life cycle consist of?

A collection of random phases

A collection of generally sequential project phases

A single phase of project management

A series of unrelated tasks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of project selection?

To evaluate and choose projects for implementation

To assign tasks to team members

To create project budgets

To develop project timelines

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which model is used for ranking projects based on perceived benefits?

Sacred Cow Model

Comparative Benefit Model

Payback Period Model

Discounted Cash Flow Model

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the payback period measure?

The overall project duration

The time required to recover the initial investment

The annual cash inflow

The total profit of a project

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of the payback period method?

It is too complex to use

It requires extensive data analysis

It considers time value of money

It ignores cash inflows beyond the payback period

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