Worksheetsmid term btm 5
Total questions: 41
Worksheet time: 20mins
One of the major causes of a project failing is:
Inaccurate Estimates
Government Regulations
Using Incorrect Forms
Poor Communication
Most of your time in managing a project should be spent by doing what?
Gathering Data
Planning
Documenting
Recruiting Team Members
Which of these would be the biggest help in managing a project?
Good organization and documentation skills
Good public speaking skills
Key relationships with Human Resources
Knowledge of government regulations
Which of these are a part of project management?
Software evaluation
Risk management
Fundraising
Event planning
Which of these would be unlikely to be a Stakeholder ?
The V.P. of Finance
The Department Administrator
The Director of H.R.
The Regional Manager of Marketing
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 :
Provide recognition and rewards
Reach consensus on team issues
Help team members work together effectively
Try to solve team political problems
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
Problem solving
Political skills
Referent power i.e. influence others
Lease the crane
Due to the invention of new products, technologies and services, the quantity and quality of waste have changed over the years.
False
True
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.
True
False
Some of the wastes are usually solid, and they are considered as useless and unwanted
True
False
But many of these waste substances can be ________ and can be a resource for an industry.
Reused
Recycled
Disposed
None of the Above
Waste management is one of the most important problems of our time as development and subsequent use of materials generates enormous quantity of wastes.
True
False
A collection of wastes produced in urban areas.
Solid Waste Management
Municipal Solid Waste
Biomedical Waste
None of the above
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;
True
False
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.
Obsolete items
Scrap Items
Surplus Items
Waste
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
Obsolete Items
Scrap
Surplus Items
Waste Management
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.
Rationalization
Changes in Product Design
Cannibalization
Other causes
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.
Obsolete Items
Surplus Items
Scrap
Waste
The deadline is ...
how long the product needs to last
the date when the product needs to be ready to be published
when the client wants you to start working
when you will get paid by the client
A work plan should...
ensure a project is completed on time
ensure that you make money
the target audience likes your product
the client likes your product
What is the goal that the bid solicitor wants to achieve through self-tendering for projects?
To set out basic conditions for the contractor to meet the needs of the owner.
To impress potential clients with their humility by showing that they are willing to compete against themselves.
To confuse competitors by creating multiple bids from different departments within their own company.
To secretly gather information about rival companies by pretending to be interested in their projects.
Pre-qualification of contractor is a process that is done ________ to actual tendering process
After
Before
Simultaneously
Repetitively
The selection committee may visit buildings designed by the Architects and check references such as former clients and financial institutions
Negotiation
Interview
Verification
Evaluation & Ranking
The Architect explains to the client the Scope of Services and the Architect's Fee as prescribed under the Architect's Guidelines
Negotiation
Interview
Verification
Evaluation & Ranking
What role does insurance play in financial planning?
It guarantees that income and assets are protected
It helps build and maintain one's credit score
it grows in value and appreciates over time
it helps cover day-to-day expenses
................... tends to focus on purchasing and procurement, production planning, demand management, from point of origin to point of consumption
Operations Management
Logistics Management
Supply chain Management
Materials Management
.................... tends to focus upon transportation and distribution
Supply Chain Management
Logistics Management
Project Management
Distribution Management
Objectives of Logistics----------------------------
To make available the right quantity of right quality products at the right place and time in right condition.
To reduce the cost of operations.
To maintain transparency in operations.
All of above
The concept of Logistics begins with the military, and were extended to business as we recognized its importance.
True
False
Logistics Management and Inventory Management are completely different subjects and do not support the objectives of each other.
True
False
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.
True
False
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.
True
False
Maritime logistics refers to shipment by?
Air
Land
Rail
Sea
This involves the acquisition of goods or services from an outside external source.
Procurement
Demand forecasting
Customer service
Order management
This involves maintaining long-term and good relationship with clients.
Procurement
Demand forecasting
Customer service
Order management
This involves tasks associated with fulfilling an order for goods or services placed by a customer.
Procurement
Demand forecasting
Customer service
Order management
· This involves planning and managing finished goods and raw materials.
Inventory
Transportation
Warehousing
Materials handling and packaging
This involves a public or private building used to store finished goods and raw materials.
Inventory
Transportation
Warehousing
Materials handling and packaging
This involves the movement, protection, storage, and control of materials and products using manual, semi-automated, and automated equipment.
Inventory
Transportation
Warehousing
Materials handling and packaging
· Outsourcing is usually less expensive than keeping a business function in-house.
Focus
Cost savings
Reduced capital expenditures
Increased flexibility
· This involves losing sensitive data and confidentiality.
Security risk
Loss of control
Quality problems
