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mid term btm 5

Total questions: 41

Worksheet time: 20mins

Name
Class
Date
1.

One of the major causes of a project failing is:

a)

Inaccurate Estimates

b)

Government Regulations

c)

Using Incorrect Forms

d)

Poor Communication

2.

Most of your time in managing a project should be spent by doing what?

a)

Gathering Data

b)

Planning

c)

Documenting

d)

Recruiting Team Members

3.

Which of these would be the biggest help in managing a project?

a)

Good organization and documentation skills

b)

Good public speaking skills

c)

Key relationships with Human Resources

d)

Knowledge of government regulations

4.

Which of these are a part of project management?

a)

Software evaluation

b)

Risk management

c)

Fundraising

d)

Event planning

5.

Which of these would be unlikely to be a Stakeholder ?

a)

The V.P. of Finance

b)

The Department Administrator

c)

The Director of H.R.

d)

The Regional Manager of Marketing

6.

As the project manager, it is your goal to build a high-performing team. On your project, four of your nine team members know one another, but five are new to you and the rest of the team. As you work in team building, your objective is to :

a)

Provide recognition and rewards

b)

Reach consensus on team issues

c)

Help team members work together effectively

d)

Try to solve team political problems

7.

You are managing a design and construction project for a multi-storey business complex. On your project, you find you are in a dilemma as you need a specific type of crane from another department. If you do not get the crane when you need it, your project’s schedule will slip dramatically. The best approach you can use in this situation is

a)

Problem solving

b)

Political skills

c)

Referent power i.e. influence others

d)

Lease the crane

8.

Due to the invention of new products, technologies and services, the quantity and quality of waste have changed over the years.

a)

False

b)

True

9.

The waste characteristics do not anymore depend on people’s income, culture and geography. but it only depends on the economy a society undergoes and situations like disasters to which the society may be subjected to.

a)

True

b)

False

10.

Some of the wastes are usually solid, and they are considered as useless and unwanted

a)

True

b)

False

11.

But many of these waste substances can be ________ and can be a resource for an industry.

a)

Reused

b)

Recycled

c)

Disposed

d)

None of the Above

12.

Waste management is one of the most important problems of our time as development and subsequent use of materials generates enormous quantity of wastes.

a)

True

b)

False

13.

A collection of wastes produced in urban areas.

a)

Solid Waste Management

b)

Municipal Solid Waste

c)

Biomedical Waste

d)

None of the above

14.

Municipal solid waste’’ includes only residential wastes generated in a municipal or notified areas in either solid or semi-solid form excluding industrial hazardous wastes but including treated biomedical wastes;

a)

True

b)

False

15.

It is defined as process wastage, such as, turnings, borings, sprues and flashes. They may have an end-use within the plant having commercial values. Hence, should be disposed of periodically.

a)

Obsolete items

b)

Scrap Items

c)

Surplus Items

d)

Waste

16.

These are those materials and equipments which have no immediate use but have accumulated due to faulty planning, forecasting and purchasing. However, they have a usage value in future

a)

Obsolete Items

b)

Scrap

c)

Surplus Items

d)

Waste Management

17.

This may lead to some items getting invalid so far as the final product is concerned. Hence, the entire stock of such items as surplus obsolete.

a)

Rationalization

b)

Changes in Product Design

c)

Cannibalization

d)

Other causes

18.

These are those materials and equipments which are not damaged and which have economic worth but which are no longer useful for the Company’s operation owing to many reason such as, changes in product line, process, materials, and so on.

a)

Obsolete Items

b)

Surplus Items

c)

Scrap

d)

Waste

19.

The deadline is ...

a)

how long the product needs to last

b)

the date when the product needs to be ready to be published

c)

when the client wants you to start working

d)

when you will get paid by the client

20.

A work plan should...

a)

ensure a project is completed on time

b)

ensure that you make money

c)

the target audience likes your product

d)

the client likes your product

21.
  1. What is the goal that the bid solicitor wants to achieve through self-tendering for projects?

a)

To set out basic conditions for the contractor to meet the needs of the owner.

b)
  1. To impress potential clients with their humility by showing that they are willing to compete against themselves.

c)
  1. To confuse competitors by creating multiple bids from different departments within their own company.

d)
  1. To secretly gather information about rival companies by pretending to be interested in their projects.

22.

 Pre-qualification of contractor is a process that is done ________ to actual tendering process

a)

After

b)

Before

c)

Simultaneously

d)

Repetitively

23.

The selection committee may visit buildings designed by the Architects and check references such as former clients and financial institutions

a)

Negotiation

b)

Interview

c)

Verification

d)

Evaluation & Ranking

24.

The Architect explains to the client the Scope of Services and the Architect's Fee as prescribed under the Architect's Guidelines

a)

Negotiation

b)

Interview

c)

Verification

d)

Evaluation & Ranking

25.

What role does insurance play in financial planning?

a)

It guarantees that income and assets are protected

b)

It helps build and maintain one's credit score

c)

it grows in value and appreciates over time

d)

it helps cover day-to-day expenses

26.

................... tends to focus on purchasing and procurement, production planning, demand management, from point of origin to point of consumption

a)

Operations Management

b)

Logistics Management

c)

Supply chain Management

d)

Materials Management

27.

.................... tends to focus upon transportation and distribution

a)

Supply Chain Management

b)

Logistics Management

c)

Project Management

d)

Distribution Management

28.

Objectives of Logistics----------------------------

a)

To make available the right quantity of right quality products at the right place and time in right condition.

b)

To reduce the cost of operations.

c)

To maintain transparency in operations.

d)

All of above

29.

The concept of Logistics begins with the military, and were extended to business as we recognized its importance.

a)

True

b)

False

30.

Logistics Management and Inventory Management are completely different subjects and do not support the objectives of each other.

a)

True

b)

False

31.

Inventory is one of the key factors, which can affect the profit of an enterprise to a great extent. In the traditional system, firms had to carry lot of inventory for satisfying the customer and to ensure excellent customer service. But, when funds are blocked in inventory, they cannot be used for other productive purposes.

a)

True

b)

False

32.

Processing the orders received from the customers is an activity, which is very important by itself and also consumes a lot of time and paperwork.

a)

True

b)

False

33.

Maritime logistics refers to shipment by?

a)

Air

b)

Land

c)

Rail

d)

Sea

34.

This involves the acquisition of goods or services from an outside external source.

a)

Procurement

b)

Demand forecasting

c)

Customer service

d)

Order management

35.

This involves maintaining long-term and good relationship with clients.

a)

Procurement

b)

Demand forecasting

c)

Customer service

d)

Order management

36.

This involves tasks associated with fulfilling an order for goods or services placed by a customer.

a)

Procurement

b)

Demand forecasting

c)

Customer service

d)

Order management

37.

·         This involves planning and managing finished goods and raw materials.

a)

Inventory

b)

Transportation

c)

Warehousing

d)

Materials handling and packaging

38.

This involves a public or private building used to store finished goods and raw materials.

a)

Inventory

b)

Transportation

c)

Warehousing

d)

Materials handling and packaging

39.

This involves the movement, protection, storage, and control of materials and products using manual, semi-automated, and automated equipment.

a)

Inventory

b)

Transportation

c)

Warehousing

d)

Materials handling and packaging

40.

·         Outsourcing is usually less expensive than keeping a business function in-house.

a)

Focus

b)

Cost savings

c)

Reduced capital expenditures

d)

Increased flexibility

41.

·         This involves losing sensitive data and confidentiality.

a)

Security risk

b)

Loss of control

c)

Quality problems