Bachelor of Management Studies (B.M.S.) SEM VI 2020 21 2020-21 Sample MCQs Project Management Question Paper - Mumbai University | munotes

1 Projects include anything that move the business strategy in a forward direction. This can include
something as basic as establishing a location for a certain business process, or scheduling
production or schedules related to business processes
a) Business projects
b) Development projects
c) Technical projects
d) Construction projects
2 Organizational departments are grouped by areas of specialization within different functions are
a) Functional
c) Matrix
d) Super matrix
3 Entire company is organized by projects, and the project manager is in control of the projects
Individuals or employees are assigned to projects and report into a project manager
a) Functional
c) Matrix
d) Super matrix
4 The team members report into two bosses; the functional manager and the project manager
a) Functional
c) Matrix
d) Super matrix
5 Measures the length of time required to recover the initial outlay in the project
a) Payback period
Difference between the present value of the future cash inflows usually discounted at the rate of
cost of capital & any immediate cash outflow
a) Payback period
7 Method employs the normal accounting technique by expressing the net accounting profit arising
from the investment as a % of that capital investment
a) Payback period
is the discipline of initiating, planning, executing & controlling & closing work
of team to achieve specific goals within specified time
a) Project Management
b) Project Planning
c)Project Termination
d)Project initiation
Which is starting stage of Planning Cycle?
a) Planning & Design
b) Initiation
c)Executing
d)Monitoring & closing
a) Temporary
b) Permanent
c) Regular
11 | This business unit is an organizational sub unit that acts like independent business in major
respects like formulation of own strategic plans
A person responsible for leading project from inception to execution of the project
a) Project Manager
b) Functional Manager
c)Department Manager
d)Manager
After Monitoring stage in Project next stage is
b) Monitoring
c)Organizing
14 | There are following number of phases in Project Cycle
a) One
b) Two
c) Three
d) Four
15 | Last phase of Project Life Cycle is
a) Initiation Phase
b) Planning Phase
c)Implementation Phase
d)Closing Phase
16 | One of the ways to handle conflicts is
a) Exercise Power
b) Fight with each other
c)Manipulate situation
d) Leave the project
is tool which is used to capture number of variables from different elements of
organization and then describe which part will manufacture what
a) Manufacturing plans
b) Manufacturing time
c) Work Study
d) Motion Study
19 | Profitability Index is
a) PV of Cash Inflow/PV of Cash Outflow
b) PV of Cash Outflow/PV of Cash Inflow
20 | ----------------------------is a method to of decision relating to planning for capital assets as to
whether or not money should be invested in long term projects
c) Capital Budgeting
d) PI
21 | Power of a project in continuation where it determines the degree of competition, policies of
pricing, that adopt the slogan of continuity and success
a) Marketing feasibility
b) Financial feasibility
c) Technical feasibility
d) Economic feasibilit
22 | The purpose of the feasibility assessment is to determine the positive economic benefits such as
foreign exchange earnings, rural employment that the proposed system will provide
a) Marketing feasibility
b) Financial feasibility
c) Technical feasibility
d) Economic feasibility
23 | Feasibility is the ability to utilize, support and perform the necessary tasks of a system or program
a) Marketing feasibility
b) Financial feasibility
c) Operational feasibility
d) Economic feasibilit
24 | Technique that identifies the activities necessary to complete a task, including identifying the time
necessary to complete each activity and the relationships between the activities
b) PERT
c) Gantt chart
d) Transportation
Type of bar chart that shows the start and finish dates of several elements of a project that includes
resources, milestones, tasks and dependencies
b) PERT
c) Gantt chart
d) Transportation
26 | Project Study is an analysis of how successfully a project can be completed, accounting for factors
that affect it such as economic, technological, legal and scheduling factors
27 is predicting future demand for the product
a) Demand forecasting
b) Expansion of markets
c) Segmentation of market
d) Controlled experiment
Following is not a method of demand forecasting:
a) Trend projection
c) Economic indicators
29 | The four dimensions to the product mix include width, length, depth and
a) Consistency
b) Product assortment
c) Product planning
d) Scale
30 analyses of project idea include designing the various processes, installing equipment,
specifying materials and prototype testing
a) Marketing analyses
b) Technical analyses
c) Economic analyses
d) Financial analyses
31 chart is a project management tool that provides a graphical representation of project’s
a) PERT
c) Gantt chart
d) Bar chart
32 management is concerned with planning, organizing and supervising in the context of
production, manufacturing or provision of services
a) Operation management
b) Operation strategy
c) Material management
d) Lean manufacturing
33 is part of production planning and control dealing with basic concept of what, when
and how much to produce
a) Production control
b) Production planning
c) Material management
34 is a tool of management involving analytical study of job or operation
a) Method study
b) Time and motion study
c) Lean manufacturing
d) Work and method stud
Ans: Work and method study
The core idea of lean manufacturing is from the manufacturing process
a) More manufacturing
b) Customer service
c) Method study
d) Eliminating waste
36 is an application designed for managing working realtionships with customers
a) E-Commerce
b) E-Business
c)E-Project
37 study is art of observing and recording time required to do each detailed element of
a) Time study
b) Motion study
c) Method study
d) Work and method study
38 | Customer analyses section of business plan assesses the segment that company
a) Purchase
b) Accounts
c) Customer
d) Sales
Systematic procedure to analyze the work to eliminate unnecessary operations is called
a) Work study
b) Method study
d) PERT
40 | This is means to analyze the social cost & total social benefits if we accept any project
b) Market Analysis
c)Technical Analysis
d)Economic Analysis
41 | Being risk capital, considers no fixed rate of dividend
a) Equity shares
b) Preference shares
c) Debenture
d) Bond
42 | Certificate of agreement of loans which is given under the company’s stamp and carries an
undertaking that it will get fixed return
a) Equity shares
b) Preference shares
c) Debenture
d) Retained earnings
43 | Money for new, young and/or small businesses that typically have little or no access to capital
a) Equity shares
b) Venture capital
c) Debenture
d) Retained earnings
44 | Profit left after paying dividend to the shareholders or drawings by the capital owners
a) Subsidy
b) Venture capital
c) Private equity
d) Retained earnings
45 | Investment in which an investor loans money to an entity (corporate or governmental) that
borrows the funds for a defined period of time at a fixed interest rate
a) Equity shares
b) Preference shares
c) Venture capital
d) Bond
46 | Leverage results from the presence of fixed costs that help in magnifying net operating income
(EBIT) fluctuations flowing from small variations in revenue
a) Operating leverage
b) Financial leverage
c) Combined leverage
d) Capital structure
47 | Retained earnings are called the source of finance
a) External
b) Internal
c) Own
d) Borrowed
48 | An uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s
a) Project risk
b) Project scheduling
c) Project return
d) Project duration
49 | Risk includes delays arising out of software and hardware defects or the failure of underlying
service or a platform
a) Technology risk
b) Scope risk
c) Resource risk
d) Schedule risk
50 | Risk mainly arises from outsourcing and personnel related issues
a) Technology risk
b) Scope risk
c)Resource risk
d)Schedule risk
Following is long term source of finance
a) Bill Discounting
c)Overdraft
4)Equity Shares
52 | These are types of Bonds which are linked to independent reference rates
is a form of financial or in-kind support extended to economic sector with aim of
a) Tax benefit
b) Profit
c)Fringe Benefits
d)Subsidy
54 | detailed estimate of all costs required to complete project task
a) Project Planning
b) Project Execution
c)Project Budget
d)Project Control
a) Overhead Cost
b) Direct Cost
c)Indirect Cost
d)Contribution
a) Interest
b) Direct Cost
c)Indirect Cost
a) Operating Leverage
b) Financial Leverage
c)Combined Leverage
d)Leverage
58 | Delay arising out of hardware & software defects or failure of underlying service or platform is
a) Technology Risk
b) Scheduling Risk
c)Resource Risk
d)Scope Risk
59 | Dividing complex projects into simpler & manageable task is called as
b) Method Study
d)Gantt Chart
Two factors which affect business which are money the business can earn & second is
a) Asset
b) Cash Inflow
c)Risk Handling
d)Capital
61 | Following are the methods of project evaluation using Discounted Cash Flow method
a) Payback Period
c)Profitability Index
d)Standard Deviation
From the Following which are not Risk mitigation measures:
a) Risk Avoidance
b) Risk controlling
c)Risk Transfer
d)Risk Analysis
is a tool to manage organization’s Project Management maturity
a) Continuous Improvement
c)Capacity Planning
64 | ----------------------------is a method of identifying opportunities for streamlining work & reduce
a) Continuous Improvement
c)Capacity Planning
65 | A technique used to identify & measure overall capacity of production is called as
a) Continuous Improvement
are system tools & techniques used in project Management to deliver
c)Capacity Planning
d)Gantt Chart
67 | ----------------------------is used to conduct an evaluation at number of stages during Life Cycle of
a) Project Auditing
b) Project Controlling
c)Project Managing
d)Project Planning
From the following which are the not reasons of project closure prematurely?
a) Technical reasons
b) Lack of Project Planning
c)Adequate resources are not available
d)Project has good Management Support
Which are strategies to solve project management Problems?
b) Risk Avoidance
c)Risk facing
70 | -------------------------is a techniques of project closure
a) Project Inclusion
b) Project Rejection
c)Process Evaluation
d)Pareto Analysis
is a method of solving project management problems:
b) Fishbone diagram
c)Project Extinction
d)Project Inclusion
a) Project Integration
c)Fishbone Diagram
d)Project Planning
Advantages of continuous improvement is
a) Streamline workflows
d)Project Planning
is a situation when given project is supposed to be closed or finalized because
there is no more need or sense of further continuation
a) Project Termination
b) Project Analyzing
c)Controlling Project
d)Project Auditing
is the last stage of managing the project & occurs after implementation phase
has been ended
a) Project Termination
b) Project analyzing
d)Project Auditing
76 | During-----------------phase the people involved are acknowledged for their achieved goals & the
work is considered complete
a) Project Termination
b) Project Analyzing
c) Controlling Project
d) Project Auditing
77 is the process of tracking, reviewing and reporting the progress to meet the performance
objective defined in the project Management plan
b) Monitoring and controlling the project work
d) Project auditing
78 includes determining corrective or preventive action or replanning and following up
action plan to determine whether the action taken resolved the performance issue
b) Monitoring
d) Organizing
719 is typically a computer driven system (though it can be paper based) to aid a project
manager in the development of project
b) Monitoring and controlling the project work
d) Project auditing
The is a tool to help the project team to plan, schedule, monitor and report on a project
b) Monitoring and controlling the project work
d) Project auditing