Project management is a rationally planned and organised effort to achieve a specific goal.

The ____ manages the four basic elements of a project: resources, time, money, and scope.

Project closure involves releasing the final product to the customer, handing over the project documentation, manuals, source code, and network layouts.

Project management consists of interacting processes namely ___, ___, process interactions, and ___ which are organised in groups.

“Risk” is usually _____ as the project progresses.

Project management is the job of organising, coordinating, and controlling the various tasks and resources in order to successfully complete a project

Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for an effective execution of the desired project

Which from the following statement(s) is/are NOT true?

10. ___ helps an organisation to prevent failures in projects.

Scope, cost, and schedule are not some of the parameters used for project negotiation.

Project management provides the project managers and team members with the principles they do not require to effectively meet the needs of the customer.

___ and ___ refer to the mechanism applied on the inputs to create the desired outputs

Project process is classified into ___ and ___ process.

The most important problem faced in the implementation phase of a project is delay in execution.

Select one:

Project cycle include

7. Project initiation is

Must induce the right people at the right time to address the right issues and make the right decisions.

The decision rule for net present value is to:

Net present value is the present value of the cash flows subtracted from the initial investment.

If two projects offer the same, positive NPV, then:

With an NPV of zero decrease shareholders' wealth by the cost of the project.

What is the NPV of a project that costs $$100,000 and returns$$ 45,000 annually for three years if the opportunity cost of capital is 14%?

Which of the following statements is correct for a project with a positive NPV?

Which of the following changes will increase the NPV of a project?

Evaluate the following project using an IRR criterion, based on an opportunity cost of 10%: CF₀ = -6,000, CF₁ = +3,300, CF₂ = +3,300.

If the IRR for a project is 15%, then the project's NPV would be:

What is the approximate IRR for a project that costs $$100,000 and provides cash inflows of$$ 30,000 for 6 years?

What is the maximum that should be invested in a project at time zero if the inflows are estimated at $40,000 annually for three years, and the cost of capital is 9%?

Under which of the following conditions will a future value calculated with simple interest exceed a future value calculated with compound interest at the same rate?

Which of the following are incorrect when we calculate the cash flows of a proposed new project?

What is the present value of your trust fund if it promises to pay you $50,000 on your 30th birthday (7 years from today) and earns 10% compounded annually?

What is the amount of the operating cash flow for a firm with $$500,000 profit before tax,$$ 100,000 depreciation expense, and a 35% marginal tax rate?

An asset in the MACRS 5-year class life will have depreciation expense in six different years.

If a project is expected to increase inventory by $$15,000, increase accounts payable by$$ 10,000, and decrease accounts receivable by $1,000, what effect does working capital have during the life of the project?

When a depreciable asset is ultimately sold, the sales price is:

The difference between an NPV break-even level of sales and an accounting break-even level of sales is:

Which of the following is not accurate in depicting cash flows from operations?

What is the present value of the following payment stream, discounted at 8% annually: $$1,000 at the end of year 1,$$ 2,000 at the end of year 2, and $3,000 at the end of year 3?

The Modified Accelerated Cost Recovery System allows an increase:

The value of a proposed capital budgeting project depends upon the:

Your forecast shows $500,000 annually in sales for each of the next three years. If your second and third year predictions have failed to incorporate 5% expected annual inflation, how far off in total dollars is your three-year forecast?

Projects that are calculated as having negative NPVs should be:

Capital budgeting analysis focuses on profits as opposed to cash flows.

The value of a proposed capital budgeting project depends upon the:

Assume your firm has an unused machine that originally cost $$75,000, has a book value of$$ 20,000, and is currently worth $25,000. Ignoring taxes, the correct opportunity cost for this machine in capital budgeting decisions is:

Which of the following is not correct when we calculate the cash flows of a proposed new project?

In what manner does depreciation expense affect investment projects?

How much interest is earned in the third year on a $1,000 deposit that earns 7% interest compounded annually?

For a profitable firm in the 35% marginal tax bracket with $100,000 of annual depreciation expense, the depreciation tax shield would be:

The present value of a perpetuity can be determined by:

Which of the following is incorrect regarding a company's tax bill and depreciation?

When is it appropriate to include sunk costs in the evaluation of a project?

Which of the following methods will provide a correct analysis for capital budgeting purposes?

Calculate the ratio of variable-costs-to-sales for a firm with: $$3,000,000 accounting break-even revenues,$$ 1.2 million fixed costs, and $450,000 depreciation.

A firm with 60% of sales going to variable costs, $$1.5 million fixed costs, and$$ 500,000 depreciation would show what accounting profit with sales of $3 million? Ignore taxes.

A credit card account that charges interest at the rate of 1.25% per month would have an annually compounded rate of _____ and an APR of ______.

Which of the following statements regarding present and future values of streams of cash payments are incorrect?

How long must one wait for an initial investment of $1,000 to triple in value if the investment earns 8% compounded annually?

31. STEPS TO CHOOSE BUSINESS IDEA INCLUDE :

32. "Present value of cash flows minus initial investments" that is:

33. "Time until cash flows recover the initial investment of the project." that is:

34. NCF in formular of PBP ???

GOOD BUSINESS IDEAS are all of the following except:

Feasibility analysis is NOT the first stage in the process of project development.

The purpose of the analysis is to examine the desirability of investing in pre-investment studies.

The technical feasibility aspect of a project relates to the earning capacity of the project

If the break-even point lies ___ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re-priced to increase demand.

___ is a financial term to describe a business or project where the sales revenue is equal to total expenses.

____ builds on the work done in project initiation through the development of a project plan

Five dimensions that must be managed on a project are ____, ____, cost, ____, and staff

____ of a project should be clearly defined, measurable, and achievable.

The project team documents its charge in the form of a ___, which is based on the project proposal and business case.

The planning and scoping should be such that the project manager can assess every stage of the project and the quality of the deliverable of the project at every stage.

In the ___ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.

The ___ then submits the proposal to get it investigated on its viability, evaluation and selection

Good plans always do not allow for flexibility to adapt to changing circumstances.

The Strategic Management is "Project managers must respond to changes with appropriate decisions about future projects and adjustments to current projects." that is

7. Strategic Management Process include :----------- steps

Portfolio investment project management issues include the following EXCEPT:

Benefits of Project Portfolio Management issues include the following EXCEPT

The entire process of a project may be considered to be made up on a number of sub processes placed in different stages called the Work Breakdown Structure

If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.

____ is a significant facet of project management.

Project planning involves three processes: ____ review, and ____

The ____ of project close out assessment is to document the best practices and lessons learned for use on future projects.

Subsequent to preparing ____, the team plans the project schedule and budget.

WBS is produced by identifying the key elements, breaking each element down into component parts and continuing to breakdown until manageable work packages have been identified

The purpose of project planning is to identify various areas of the project work and the influencing factors, and subsequently define the boundaries of the project performance.

___ structures are typically used in businesses that primarily sell and produce standard products and seldom conduct external projects

All projects are basically ___, requiring huge money for completion and earning no return till their successful completion.

A definition of the end result or mission of the project—a product or service for the client/customer—in specific, tangible, and measurable terms

Which steps is "Creating the Work Breakdown Structure (WBS)" in Defining the Project

The project scope checklist includes the following elements except

Summarizes the tasks to be accomplished and who is responsible for what on the project - Lists project activities and participants - Clarifies critical interfaces between units and individuals that need coordination

____ have the principal responsibility of achieving the target goals of the firm and have the decision-making authority.

The Project Leader is the person responsible for the overall project.

A project leader or manager is expected to be completely accountable for his team members and meeting the team’s targets.

____ is the oldest and simplest type of organization where the line of command is fulfilled from top to bottom.