Unit 2 - Project Integration Management

According to the Time Value of Money principle, ₹1000 today is _______ ₹1000 next year.

• worth less than
• worth more than
• equal to
• worth the same as

Problems in project categorization are always current situations that prevent organizations from achieving goals.

• True
• False
• -
• -

Which process involves carrying out the project management plan by performing the activities and producing deliverables, work performance information, change requests, project management plan updates, and project documents updates?

• Developing the project charter
• Developing the project management plan
• Directing and managing project work
• Monitoring and controlling project work

The three criteria for selecting projects based on organizational needs are need, funding, and _______.

• will
• capacity
• ability
• commitment

The head of the Project Management Office (PMO) would be part of the _______ committee.

• steering
• management
• executive
• planning

Which formula represents the Future Value calculation in Time Value of Money?

• FV = PV + (r×n)
• FV = PV × (1+r)^n
• FV = PV × r^n
• FV = PV / (1+r)^n

NPV equals Discounted _______ minus Discounted Cost.

• Benefits
• Revenue
• Income
• Profits

A project charter should include all of the following basic information EXCEPT:

• Project title and date of authorization
• Project manager's name and contact information
• Detailed work breakdown structure
• Summary schedule with start and finish dates

A project management plan should be static and unchanging once created.

• True
• False
• -
• -

Threats in SWOT analysis refer to factors that have the potential to _______ an organization.

• Help
• Harm
• Strengthen
• Support