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ANSWER KEY
COURSE: MBA SEMEMSTER 3
PAPER CODE: PM0011 BOOK ID: B1237
PAPER NAME: Project Planning & Scheduling
Q.No.
Question Statement1 marks question (question 1 to 20)
CorrectOption
SectionNumber
PageNumber
1 Project planning is an element of project
management focused on ________________
of tasks and resource assignments.
a. detailed scheduling
b. Reduced costs
c Validity limitations
d. Environmental Impact
a 1.2
2 A degree of change and ___________ is
inherent in engineering and industry, and it
should be expected that a plan will change.
a.Environment
b. Road Map
c.Location
d.Uncertainty
a 1.2
3A project plan starts with a project requirements
document and _____________ both of which are
prepared during the project initiation process
B 1.2
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a. Grid test
b. Scope definition
b. Scope definition
d. Execution
4
As per the project management fraternity,
project management can be dissected into
_____________ and 5 process groups.
a. 9 knowledge area
b. 6 knowledge area
c. 10 knowledge area
d. 4 knowledge area
a 2.2
5
The major parts of a project management plan
are lifecycle selected, _________________
plan and configuration management
a. Risk Management
b. Change Management
c. Finance Management
d. Personnel Management
b 2.3.1
6Project plan is like a guide to the projectfrom ___________ to closing
a. Subsidiary plans
b. Whom
c. Initiation
d. funding
c 23.1
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7
The ___________________ is a detailed
listing of the deliverables and tasks forbuilding the product or delivering the service.
a. Functional Aspect
b. Base Function
c. Division Bases
d. Work Breakdown structure
d 3.1
8
The balance between detail and __________
-------will ultimately determine the successful
use of the WBS
a. applied information
b. Collective Information
c. Unrelated Cost Elements
d. Validation Process
a 3.2
9 When the WBS is structured to support
_______________, project teams can quickly
review bids to determine where they may vary
from plan
a. Baseline estimate
b. Contract packages
c. Mapping exercises
d. Non-flexible elements
b 3.4
10 The WBS is a _____________ hierarchy of the
scope of work, and is embodied in a numberingstructure that provides a system for organizing
b 43
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the scope in a logical manner.
a. Firm oriented
b. Product-oriented
c. Locationoriented
d. Market-Oriented
11 It is usual for organizations to use a formal
project management methodology in which a
_______________ document is prepared.
a. Project Initiation
b. Project Differentiation
c. Project Audit
d. Stakeholder
a 4.3
12 ____________ is one of the most common
reasons projects run over budget and deliver
late
a. Human resources
b. Legal implications
c. System facility
d. Scope Cree
d 43
13 ___________this estimating technique uses
information from previous similar projects to
calculate the duration.
a. Expert Judgment
b. Analogous estimating
c. Parametric estimating
a 5.4.2
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d. Program evaluation and Review Technique
14 _______________is the information about
schedule milestones, activities and their
characteristics, assumptions made and
constraints.
a. Project Schedule
b. Schedule Baseline
c. Schedule Data
d. Project Document Updated
c 5.5
15 While scheduling the project, we have studied
different methods to analyze the activities and
to _________ the flow of activities
a. Structure
b.Resource
c.Network
d. Cost
a 6.9
16 PERT uses ____________ activities
a. Parallel
b. Series
c. Sequential
d. Random
a 6.2
17_________________uses an algorithm to
calculate project schedule.
a. Microsoft
a 7.6
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b. Activity Planning
c. Resource Levelling
d. Control phases
18 As the scope and extent of project increases,
the CPA process becomes___________
a. Simplex
b. Complex
c .Duplex
d. Linear
b 7.9
19 _____________ is about forecasting actions
related to the nine knowledge areas.
a. Planning
b. Quality
c .Policies
a 8.1
20 ____________process is used to
mathematically assess the effect of the risks
identified for the project
a. Risk register
b. Organizational assets
c. Quantitative risk analysis
d .Expert judgment
c 8.3.3.2
2 Mark Question (Question No.21 to 31)
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21State whether following statement true or false
1.The last thing a project manager wants is constantdemonstrations and disruptions while the project isbeing carried out
2. The best way to carry on project is to ignoredisruptions
a. 1T, 2F
b. 1F, 2F
c. 1F, 2T
d. 1T, 2T
a.1T 2F 1.3
22 Which among the following need not be consideredas environmental aspects for carrying out project insome part of the world
a. Tornado or Typhoon Seasonsb. Political Systemc. Rainy seasonsd. Radioactive materials
b 1.3
23 State whether following statement true or false
1. The Six process groups are based on Demings
cycle, considering a project as a solution to a given
problem
2. As per the cycle, these are four steps to a problem
solving process.
a. 1T, 2F
b. 1F, 2T
c. 1F, 2F
d. 1T, 2T
b.1F 2T 2.2
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24 State whether following statement true orfalse
1. Planning process group collects informationfrom various constituent processes up to thedegree of completion and confidence.
2. As per PMI, there are 20 processes in theplanning process group, which is half of the totalproject management processes
a, 1T, 2F
b. 1F, 2Tc. 1T, 2Tc. 1T, 2T
a. 1T 2F2.2
25 State whether statement true or false
To maximize the structure whendeveloping the WBS:1. It must be cost effective to use2. End users should be able to easilymemorize the WBS
a. 1F, 2Fb. 1T, 2Tc. 1F, 2T
d. 1T, 2T
c.1F 2T3.2
26 State whether statement true or false1. Performance measurement is an
integral part of preparing revised costforecasts
a.1T 2F 3.4
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2. The usefulness of WBS in costreporting is its inconsistent presentationof cost data
a. 1T, 2Fb. 1T, 2Tc. 1F, 2Td. 1F, 2F
27 State whether following statementtrue or false
1. Planning must identify desiredperformance and technology levels
2. Planning must be based on the pastestimates of the eventual cost,schedule, and scope of work
a. 1F, 2Tb. 1T, 2Fc. 1F, 2Fd. 1T, 2T
b.1T 2F 4.2
28 State Whether Statement is True or False
Selection of project activities:
1. This is the process of decomposing theproject into individual task, which are not tobe performed for project progress to itsobjectives and is an important step formeeting project scope.
b.1F 2T 5.3.1
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2. These activities act as a basis forestimating, scheduling, executing andmonitoring and controlling the project work.
a.1T 2Fb.1F 2Tc.1T 2Td.1F 2F
29 Estimates can be made of how long the workwould take if things go better than expectedand conversely, if things go worse thanexpected. These are called the____________ and_____________conditions
a. Most likely time and Pessimistic timeb. Optimistic and Pessimisticc .Most likely time and Optimisticd. Trial & Error
b 6.2
30 Critical Path Analysis flow diagrams are very good forpresenting mutually dependent factors whose timings
__________ or ____________
a. Overlap or separateb. Divide or separatec .Overlap or Coincided. Separate or Coincide c 7.2
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31 State whether the following statement true or
false
The major outputs of the quality planning
process are:
1 .Quality metrics: This tool is used to
specifically describe the project characteristics
and how it would be measures in quality
processes.
2. Quality checklist: This is the tool used to
list the major quality components which are
not to be checked and verified in a project.
a. 1T, 2F
b. 1F, 2T
c. 1F, 2F
d. 1T, 2T
a.1T 2F 8.2
4 Mark Question (Question No. 32 to 38)
32
Match the following
Prioritizing strategic options through Strategic OptionGrid which looks at a number of options against thefollowing generic criteria
Set 1A. Strategic Attractiveness
B. Financial AttractivenessC. Uncertainty RiskD. Acceptability to Stakeholders
Set 21. Degree of sensitivity to external and internal shock2. Strength of the factors driving growth andcompetitive pressure3. Future support for the strategy and influence of thekey players4. Determined by the value and cost drivers
a. A-2, B-4, C-1, D-3b. A-3, B-1, C-4, D-2
a.A-2, B-4,C-1, D-3
1.4
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c. A-4, B-2, C-3, D-1d. A-1, B-3, C-2, D-4
33Match the following
Set 1
A. Project Integration ManagementB. Project Scope ManagementC. Project Time ManagementD. Project Cost Management
Set 2
1. Relates to the processes which need to beaccomplished to complete the project2. The processes in this knowledge area
handle project cost3. Amalgamate all the forty two processes ofproject management4. Required to define the work required in aproject
a. A-4, B-2, C-1, D-3b. A-3, B-4, C-1, D-2c. A-2, B-1, C-4, D-3d. A-1, B-3, C-2, D-4
b.A-3, B-4,C-1, D-2
2.2
34
Match the following:
Set 1A. administrative unit basisB. budget account basisC. product basisD. sequential basis
Set 2
1. Order in which activities are performed2. Project is divided into distinct components3. Infuses the resource based structure into thework breakdown structure4. Puts organizational elements into the WBS
a. A-3, B-1, C-4, D-2b. A-2, B-3, C-4, D-1c. A-1, B-4, C-2, D-3
d. A-4, B-3, C-2, D-1
d.A-4, B-3,C-2, D-1
3.7
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35 Match the following:
Set 1A. Scope
B. Project ScopeC .Scope StatementD. Statement of Work
Set 21. Document for Future Decisions2. Summation of all deliverables3. Narrative description of the work4. Products, services and end results
a. A-2, B-4, C-1, D-3b. A-4, B-2, C-3, D-1
c. A-3, B-1, C-2, D-4d. A-1, B-3, C-4, D-2
a.A-2, B-4,C-1, D-3
.4.4
36 Match the following
Set 1a. Project Scheduleb. Schedule Baselinec. Schedule Datad .Project Document Updated
Set 21. Is the information about schedule milestones,activities and their characteristics, assumptionsmade and constraints2. Some of the project documents which need tobe updated may include List of activities, activitycharacteristics, and risk register.3. This is a version of schedule, approved byproject management team, with the baselinestart and end date of the project.4. This structured document gives us the startand end date of each activity.
c.A-4, B-3,C-1, D-2
5.5
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a. A-3, B-4, C-1, D-2b. A-2, B-3, C-4, D-1c. A-4, B-3, C-1, D-2d. A-1, B-4, C-2, D-3
37 Match the following
Set 1A .teB. aC. mD. b
Set 21. Estimated time2. Most likely time3. Pessimistic time4. Optimistic time estimate
a. A-3, B-4, C-1, D-2b. A-2, B-3, C-4, D-1,c. A-4, B-3, C-1, D-2,d. A-1, B-4, C-2, D-3
d.A-1, B-4,C-2, D-3
6.2
38 Match the followingSet 1A. ActivityB. EventC. Crash-TimeD. Critical Chain
Set 21. A specific set or a single task required to be doneto ensure the completion of the project2. Represents the amount of time taken to completean activity3. The sequence of both precedence and resource-dependent terminal elements4 .The result of completing one or more activity
d.A-1, B-4,C-2, D-3
7.7
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a. A-3, B-4, C-1, D-2b. A-2, B-3, C-4, D-1c. A-4, B-3, C-1, D-2d. A-1, B-4, C-2, D-3