Project management is planning, organizing, and managing resources to achieve an organizational goal. This quiz on Project Management Study will equip you with practical and theoretical knowledge about the topic, which is essential to increase the productivity of an organization. The quiz contains a vast array of questions that not test your knowledge but also provide you with valuable information that will go a long way in upscaling your career and organization's growth. All the best!
High interest/low power
High interest and high power
Low interest/ low power
Low interest/ low power
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5
3
2
10
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Wikis
Web Sites
Meetings
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True
False
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Identifying risks
Planning risk management
Performing qualitative risk analysis
Performing quantitative risk analysis
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Risk avoidance
Risk acceptance
Risk transference
Risk mitigation
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True
False
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To
From
Subject
Cc
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Short face-to-face meetings
E-mails
Telephone conversations
Reading reports from other team members
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True
False
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True
False
Closing procurements
Settling contracts
Deciding on the service to procure
Controlling procurements
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True
False
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True
False
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True
False
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Assessing commitment to a project.
Building consensus among disputing parties.
Mediating a conflict between multiple parties.
Communicating routine information.
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Call Phil in for a private meeting to appreciate his work
Call a team meeting to praise Phil for his work on the project
Announce Phil’s accomplishment on the company Web site
Have top management and the other teams in the company award Phil
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High interest/low power
High interest and high power
Low interest/ low power
Low interest/high power
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Increases, decreases
Decrease, increase
Increase, stays constant
Increases, increases
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Information is sent only to recipients who request the information.
This method ensures that the information is understood by recipients.
Information is sent to recipients without their request.
This method ensures that the information is received by the recipients.
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True
False
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True
False
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Identifying risks
Planning risk management
Performing qualitative risk analysis
Performing quantitative risk analysis
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Closing procurement management.
Controlling procurement's.
Conducting procurement's.
Planning procurement management.
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N (n-1)/2
N(n+1)/2
N(n+1)/n(n-1)
N(n-1)/n(n+1)
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True
False
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Risk-averse
Risk-seeking
Risk-neutral
Risk-indifferent
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Planning procurement management
Controlling procurements
Closing procurements
Conducting procurements
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True
False
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Project archives
Forecasts
Project plans
Project notes
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9
10
11
14
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Option 1
Option 2
Option 3
Option 4
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Risk-seeking
Risk-averse
Risk-fearing
Risk-neutral
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closing procurements
Controlling procurements
Conducting procurements
Planning procurement management
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RFQ
RFP
WBS
SOW
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Conducting procurements
Closing procurements
Settling contracts
Planning procurement management
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Planiing
Executing
Monitoring and controlling
Closing
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Risk avoidance
Risk acceptance
Risk transference
Risk mitigation
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Risk exploitation
Risk sharing
Risk enhancement
Risk acceptance
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It does not provide access to specific skills or technologies.
It invariably results in an increase in both fixed and recurrent costs
It can make an organization become overly dependent on particular suppliers.
It cannot increase accountability of suppliers through a written contract.
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True
False
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Sensitivity
Systems
Monte Carlo
NPV
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Final project report
Design document
Audit report
Lessons-learned report
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Source selection
A bid
WBS
A change order
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True
False
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Strategic planning
Systems management
Identifying stakeholders
Planning communications
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Secondary risks
Workarounds
Contingency plans
Management reserves
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Meetings
Video conferencing
Voice mails
Blogs
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