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Project Management MCQs – CISA

A project can be defined as an activity, which has a start, middle and end and consumes resources. It will Have a specific objective, be unique, have cost

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Project Management MCQs

A project can be defined as an activity, which has a start, middle and end and consumes resources. It will Have a specific objective, be unique, have cost constraints that must be clearly defined and understood to ensure the project remains viable, Require organization. Here on MCQs.club we have written easy and useful Multiple-Choice Questions (MCQs) on Project Management that fully cover MCQs on software project management mcqs, introduction to project management mcqs, project management quiz questions answers. These Project Manager and Management Multiple Choice Questions are helpful for Competitive exams, Professional Accountancy exams and Business management exams.

A project can be defined as an activity, which has a start, middle and end and consumes resources. It will:

1. Have a specific objective
2. Be unique
3. Have cost constraints that must be clearly defined and understood to ensure the project remains viable
4. Require organization
5. All of the above

The Project Initiation Document (PID), should contain which of the following sections?

1. Purpose statement and Scope statement
2. Deliverables, Cost and time estimates
3. Objectives, Stakeholders and Chain of command
4. All of the above

Planning is essential, it helps to:

1. Communicate what has to be done, when and by whom
2. Identify the activities the resources need to undertake
3. Both A&B
4. None

The steps in project planning are:

1. Assemble a core project team
2. Assign resources and duration times to the tasks
3. Both A&B
4. None

The project resources part of the plan will contain details of the project partners and project management with a brief description of the project management framework, including:

1. Organization
2. Reporting relationships
3. Decision process
4. The role of any local management committee
5. All of the above

The dissemination plan will explain how the project will share outcomes and learning with stakeholders. It will list the important dissemination activities planned throughout project, indicating:

1. Purpose
2. Target audience
3. Timing and Key message
4. All of the above

Performance measurements can include:

1. 1. Expenditure
  2. Schedule performance
  3. Scope measures – both product scope and project scope
  4. Functional quality
  5. Technical quality performance
  6. Issue management performance
  7. Client satisfaction measures

1. All of the above
2. (I) (III) and (VI) only
3. (II) (V) (VII) only
4. None

Controlling the project means:

1. Taking early corrective action when needed
2. Balancing project effort
3. Looking for where effort can be reduced making changes early rather than late
4. All of the above

Elements involved in project finalization include:

1. Acceptance by client
2. Review of outputs against goals
3. Disbanding the team and tying up loose ends
4. End of project review
5. All of the above

Key areas to review in project management include:

1. Technical performance review, Cost/budget performance
2. Project planning and control, Team relationships
3. Problem identification, Outstanding issues
4. All of the above

Software configuration management – These are automated tools to identify and document the configuration of information systems and to monitor change control procedures. This is accomplished by:

1. Establishing approved baseline configuration for the programs and supporting documentation
2. Ensuring that all modifications and reported problems for programs under baseline control have an appropriate audit trail
3. Both A&B
4. None

Program Evaluation Review Technique (PERT) –

1. It is a network management technique used widely in the defense and construction industries and has been adopted by many IS organizations
2. It assumes that the project is a collection of activities or tasks.
3. It requires the components of systems development to be broken down into one of two categories.
4. All of the above

The Program Evaluation Review Technique (PERT) formula is a tool and technique of two processes – Estimate Activity Durations and Estimate Costs. To use this formula, we need to estimate:

1. Optimistic (best-case scenario)
2. Most likely (realistic)
3. Pessimistic (worst-case scenario)
4. All of the above

Advantages of Program Evaluation Review Technique (PERT) include:

1. Greatly improved control over complex development work and production programs
2. Capacity to distill large amounts of data in brief, orderly fashion
3. Requires a great deal of planning to create a valid network
4. Represents the advent of the management-by-exception (MBO) principle
5. All of the above

Limitations of PERT include:

1. There is little interconnection between the different activities pursued
2. Requires constant updating and re-analysis of schedules and activities
3. Requires greater amount of detail work
4. Does not contain the quantity information, only time information is available
5. All of the above

Application of PERT and Critical Path Methodology (CPM) can be seen in:

1. Construction and maintenance of chemical plant facilities, highways
2. Introduction of a new product
3. Acquisition of a company
4. All of the above

Critical Path Methodology (CPM) differs from PERT in:

1. The use of only time estimates for each activity
2. The inclusion, as an integral part of the overall scheme, of a procedure for time/cost tradeoff to minimize the sum of direct and indirect project costs.
3. Both A&B
4. None

Common features of PERT and CPM are:

1. They both use a network diagram for project representation
2. They both calculate early and late start and finish times and slack time
3. Both A&B
4. None

Gantt Charts –

1. It can be constructed to aid in scheduling the activities needed to complete a project.
2. It shows when an activity should begin and when it should end.
3. The charts will also show which activities can be in progress concurrently and which activities must move ahead serially
4. All of the above

Advantages of Gantt Chart include:

1. A good planning tool
2. A graphical scheduling technique, simple to develop, use and understand
3. Both A&B
4. None

Disadvantages of Gantt Chart include:

1. Interrelationships among activities are not shown on the chart
2. Inflexible to change
3. Cannot be used as a procedure documenting tool
4. All of the above

PRINCE2 –

1. A project planning and management methodology, uses a different approach to breaking down a project.
2. It focuses on the outputs required to complete a project
3. Its end result is a series of product breakdown structures (PBSs)
4. All of the above

Who is an individual, who is an expert in project planning and management defines and develops the project plan and track the plan to ensure all key project milestones are completed on time?

1. Project scope
2. Project plan
3. Project milestone
4. Project manager

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Project Management MCQs – CISA

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Project Management MCQs