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Quiz 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

There are stages in project life cycle, EXCEPT:

a)

initiation stage

b)

planning stage

c)

execution stage

d)

documenting stage

2.

"The objective must be realistic and attainable, something you can expect to achieve given your available resources and project strategy". This statement refer to

a)

Specific

b)

Achievable

c)

Measurable

d)

Results-oriented

3.

A project manager is entrusted with various duties and responsibilities like:

i. Prepare financial plan

ii. Assigning tasks

iii. Motivating and managing the team

iv. Establishing a project schedule 

a)

i, ii, iii

b)

i, ii, iv

c)

ii, iii, iv

d)

all of the above

4.

The following are project manager challenges in organization, EXCEPT:

a)

Team members

b)

Budgeting

c)

Communication

d)

Policy implication

5.

The term payback period refers to the amount of time it takes to recover the cost of an investment.

a)

Break-even Analysis

b)

Payback Period

c)

Return of Investment

d)

Sensitivity Analysis

6.

Cash and other assets that are expected to be converted to cash within a year. It is refer to

a)

current liabilities

b)

current assets

c)

cash flow analysis

d)

fixed assets

7.

______ is a visual, hierarchical and deliverable-oriented deconstruction of a project

a)

Work-breakdown structure (WBS)

b)

Critical path method (CPM)

c)

Three-point estimation

d)

Parametric Estimation

8.

The figure shows

a)

bottom-up estimating

b)

parametric estimating

c)

analogous estimating

d)

three-point estimating

9.

The earliest an activity can be completed, based on its duration and its earliest start time. It is refer to

a)

Earliest start time (ES)

b)

Latest finish time (LF)

c)

Latest start time (LS)

d)

Earliest finish time (EF)

10.

It will outline the goals and achievements that a project must hit and the date they’re expected.

a)

Detailed schedule

b)

Master project schedule

c)

Milestones schedule

d)

Phases schedule