Production and Operations Management pdf for MBA MCQs

51. Managing ____ is Business Process Management.
Ans. Information and workflow.

52. BPM is another concept, when implemented makes ___.
Ans. Workflow more productive

53. A project is a set of activities which are networked in order and aimed towards achieving the goals of a project.
Ans. True

54. A process is part of the project which consists of complex instructions to achieve the desired result of any activity of the project.
Ans. False

55. Project management involves understanding its scope and various processes in the project cycle.
Ans. True

56. The project management dimensions are dependent on one another.
Ans. True

57. A graphical way to depict the project management dimensions is to use a “Kiviat diagram”.
Ans. True

58. Project management dimensions are: features, quality, ___, ___ and ___.
Ans. Cost, schedule and staff

59. ICT Offer enormous opportunities for enhancing ___ and ___ viability.
Ans. Business and economics

60. A good project management methodology provides a framework for the processes.
Ans. True

61. Time is not a characteristic of the project mindset.
Ans. False

62. Project mindset does not lay emphasis on flexible processes.
Ans. False

63. A project plan is a preliminary document that guides the ___ of a project.
Ans. Execution

64. ___ is a technique to analyse the content of work and cost by breaking it down into its component parts.
Ans. WBS

65. Process groups consist of ___, planning, ___, controlling, and ___ processes.
Ans. Initiating, executing, closing

66. In the customisation process, smaller projects may need relatively ___ details.
Ans. Less

67. A life cycle of a project consists of monitoring and controlling the project resources as one of the phases.
Ans. True

68. SRA has to be conducted to determine the non-essential requirements of a project in order to achieve the target.
Ans. False

69. The project members must keep a track of the project progress and need not communicate with other related members of the project.
Ans. False

70. Project files have to be frequently updated with suitable version control number and revision status should be maintained for each change.
Ans. True

71. ___ is necessary to control the increase of work at various stages of the project.
Ans. Change control

72. ___ is a methodology which requires the collection of all formal documented procedures, defining how project performance will be monitored and evaluated.
Ans. CMS

73. Risks are those events or conditions that may occur and whose occurrence has a harmful or negative impact on a project.
Ans. True

74. The risk mitigation step must be properly executed by incorporating them into the project schedule.
Ans. True

75. For successful completion of a project every aspect of the project should be monitored and controlled.
Ans. True

Multiple Choice Questions on Personality Development

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FAQs for MBA in Production and Operations Management

Explore our FAQs section for MBA in Production and Operations Management – we’re here to help!

Question 1: What is MBA in Production and Operations Management?

Answer: The specialized program of MBA in Production and Operations Management is specifically designed to provide students with the necessary skills and knowledge to oversee and enhance production processes in any organization efficiently. 

It focuses on various aspects, including production planning, inventory control, quality management, supply chain optimization, and process improvement.

Question 2: Where Can I Find the Production and Operations Management PDF for MBA?

Answer: You can access valuable study materials, including production and operations management PDFs for MBA, from reputable educational websites, online learning platforms, and university resources.

These PDFs cover a wide range of production and operations management topics, helping you excel in your studies.

Question 3: What are the Objectives of Production Management?

Answer: The objectives of production management include:

• Efficiency: To ensure optimal utilization of resources, minimize wastage, and improve overall efficiency in production processes.
• Quality: Our objective is to surpass our customers’ expectations to uphold and improve the excellence of our products or services.
• Cost Control: To manage production costs while maximizing value creation for the organization.
• Timeliness: To ensure timely delivery of products or services to customers, meeting deadlines and commitments.

Question 4: What Does Production Management Entail?

Answer: Production management involves planning, organizing, and controlling the various processes transforming raw materials into finished products or services.

It encompasses production scheduling, inventory management, quality control, and efficient resource allocation.

Question 5: How Does Production Management Start?

Answer: Production management starts with the identification of customer needs and demands. It then involves the creation of production plans, resource allocation, procurement of materials, and execution of production processes. The objective is to guarantee a smooth and effective transition from the initial resources to the result.

Conclusion Points

Finding a reliable source for Production and Operations Management pdfs with MBA MCQs is crucial for students who want to excel in their studies. By having access to comprehensive study materials, they can enhance their understanding of the subject matter and improve their chances of success in exams.

Many websites like mcqmate.com offer free or paid study guides for MBA exams. Look for ones with a strong focus on POM and practice questions. Remember, consistent practice and a well-rounded understanding of POM concepts will be key to mastering MBA-level MCQs.