Management Concepts Quiz

Unity of Command means:

• One employee with two bosses

• One boss for one employee

• Equal pay

• Multiple reporting lines

Work Breakdown Structure (WBS) is used to:

• Track budget

• Schedule tasks

• Break project into manageable parts

• Analyze risks

Who is called the Father of Modern Management?

• F.W. Taylor

• Elton Mayo

• Peter Drucker

• Henry Fayol

Slack time in project management means:

• Extra cost

• Delay allowed without affecting schedule

• More employees

• Free holidays

The first function of management is:

• Planning

• Controlling

• Staffing

• Directing

Triple constraint in project management includes:

• Budget, quality, communication

• Cost, time, scope

• Risk, quality, time

• Scope, leadership, HR

Span of control refers to:

• Budget limits

• Team productivity

• Number of subordinates a manager can handle

• HR policies

The Gantt chart is used for:

• Communication

• Cost estimation

• Scheduling

• SWOT analysis

POSDCORB was developed by:

• Peter Drucker

• Henry Mintzberg

• Luther Gulick

• Fayol

What does CPI > 1.0 indicate?

• Over budget

• Under budget

• On schedule

• High risk