EPM_

“Risk” is usually _______ as the project progresses.

• increased

• reduced

• remained same

• become negligible

Assembling project team and assigning their responsibilities are done during which phase of a project management?

• Initiation

• Planning

• Execution

• Closure

The basic nature of a project is a/an _____ one.

• permanent

• temporary

• (A) or (B)

• Both (A) and (B)

A program is usually a group of

• plans

• people and work

• related projects

• unrelated projects

Which from the following statement(s) is/are NOT true? I. Projects have defined objectives II. Programs have a larger scope than projects III. The projects and programs in a portfolio must be directly related

• I only

• II only

• III only

• II and III only

What are the major phases project management?

• initiating

• planning

• execution and monitoring

• closing

• All of the above

Which of the following types of Organizational Charts can be BEST used to track project costs?

• Hierarchical-typeOrganizationalChart

• OrganizationalBreakdownStructure

• Resource Breakdown Structure

• Responsibility Assignment Matrix

Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called?

• Risk Management Plan.

• List of risks.

• Monte Carlo diagram.

• Risk Breakdown Structure.

Which from the following is NOT an intangible element?

• Utility

• Public benefit

• Brand recognition

• Good will

If any one factor of a project changes, _____ other factor(s) is/are likely to be affected.

• all

• one

• at least one

• at most one