Project Management MCQs Multiple Choice Questions with Answers pdf notes for preparation MBA, BBA regular, and distance examinations.
Are you a project manager or aspiring to be one? Are you in need of some good practice questions to test your knowledge and enhance your understanding of project management concepts? Well, look no further! In this article, we have compiled a comprehensive collection of Project Management Multiple Choice Questions (MCQs) with answers in PDF format.
Whether you are preparing for a certification exam, brushing up on your skills, or simply curious about the field, our MCQs will provide you with valuable insights and help solidify your understanding of project management principles. So, grab a cup of coffee, sit back, and get ready to dive into the world of project management MCQs!
Project management mcqs with answers pdf
1. Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organization or organizations involved in the project. (True/False)
Ans. True
2. Project management is the job of organizing, coordinating, and controlling the various tasks and resources in order to successfully complete a project. (True / False)
Ans. True
3. To maximize returns in the current cut-throat competitive environment, it is vital to manage the ___ effectively.
Ans. Projects
4. ___ helps an organization to prevent failures in projects.
Ans. Project management
5. Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for the effective execution of the desired project. (True/False)
Ans. True
6. Project Integration Management ensures that various elements of a project are properly integrated and coordinated for a smooth flow of information and resources. (True/False)
Ans. True
7. A ___ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.
Ans. Rational order
8. In the ___ phase of the project life cycle the work gains momentum.
Ans. Quick Momentum
9. The ___ manages the four basic elements of a project: resources, time, money, and scope.
Ans. Project Manager
10. Life cycle of a project manager ___ with the development life cycle.
Ans. Overlaps
11. Project management is a rationally planned and organized effort to achieve a specific goal. (True/False)
Ans. True
12. Project closure involves releasing the final product to the customer, handing over the project documentation, manuals, source code, and network layouts. (True/False)
Ans. True
13. Project management consists of interacting processes namely ___, ___, process interactions, and ___ which are organized in groups.
Ans. Project processes, process groups, customization
14. Project process is classified into ___ and ___ processes.
Ans. Project management, product-oriented
15. ___ and ___ refer to the mechanism applied to the inputs to create the desired outputs.
Ans. Tools and techniques
16. The most important problem faced in the implementation phase of a project is a delay in execution. (True/False)
Ans. True
17. The system of monitoring and control is more effective when, along with the time frame, there is a linkage between the physical work to be performed in each activity and the financial expenditure to be incurred. (True/False)
Ans. True
18. Project management provides the project managers and team members with the principles they require to effectively meet the needs of the customer. (True/False)
Ans. True
19. Scope, cost, and schedule are some of the parameters used for project negotiation. (True/False)
Ans. True
20. Five dimensions that must be managed on a project are ___, ___, cost, ___, and staff.
Ans. Scope, quality, schedule
21. ___ of a project should be clearly defined, measurable, and achievable.
Ans. Objectives
22. ___ is a continuous and repetitive process involving screening, documentation, validation, ranking, and approval of viable project ideas for an organization.
Ans. Project identification
23. ___ study focuses on answering the essential questions such as; should we proceed with the proposed project idea? What are the benefits and drawbacks of the proposed project idea?
Ans. Pre-feasibility
24. The function of project initiation is to describe all the parameters of a project and establish the suitable project management and excellence environment necessary to complete the project. (True/False)
Ans. True
25. The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)
Ans. True
26. Various choices of ___ that are available for constructing and developing the project should be examined.
Ans. Techniques
27. ___ should be made of all cost factors so as to reflect on all relevant investment and operational costs of the project including contingencies.
Ans. Realistic estimates
28. Feasibility analysis is the first stage in the process of project development. (True/False)
Ans. True
29. The purpose of the analysis is to examine the desirability of investing in pre-investment studies. (True/False)
Ans. True
30. The technical feasibility aspect of a project relates to the earning capacity of the project. (True/False)
Ans. False
31. ___ is a financial term to describe a business or project where the sales revenue is equal to total expenses.
Ans. Break-even
32. If the break-even point lies ___ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re-priced to increase demand.
Ans. Above
33. In the ___ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.
Ans. Screening
34. Good plans always do not allow for flexibility to adapt to changing circumstances. (True/False)
Ans. False
35. The planning and scoping should be such that the project manager can assess every stage of the project and the quality of the deliverable of the project at every stage. (True/False)
Ans. True
36. The ___ then submits the proposal to get it investigated on its viability, evaluation, and selection
Ans. Client
37. The project team documents its charge in the form of a ___, which is based on the project proposal and business case.
Ans. Project charter
38. ___ builds on the work done in project initiation through the development of a project plan.
Ans. Project planning
39. ___ is where most of the resources are applied/expended on the project.
Ans. Project execution and control
40. The ___ of project closeout the assessment is to document the best practices and lessons learned for use on future projects.
Ans. Primary purpose
41. The players in project management are the individuals and the organizations. (True/False)
Ans. True
42. Other reported advantages include a sharper orientation toward results, better interdepartmental coordination, and higher worker morale. (True/False)
Ans. True
43. Project planning involves three processes:___ review, and ___
Ans. Identification, analysis
44. Subsequent to preparing ___, the team plans the project schedule and budget.
Ans. Work Breakdown Structure
45. If all the steps of project planning are performed successfully, ___ and planning become effective and the ideal outcomes are achieved.
Ans. Scoping
46. The entire process of a project may be considered to be made upon a number of sub-processes placed in different stages called the Work Breakdown Structure. (True/False)
Ans. True
47. WBS is produced by identifying the key elements, breaking each element down into component parts, and continuing to break down until manageable work packages have been identified. (True/False)
Ans. True
48. ___ is a significant facet of project management.
Ans. Project planning
49. All projects are basically ___, requiring huge money for completion and earning no return till their successful completion.
Ans. Capital projects
50. The purpose of project planning is to identify various areas of the project work and the influencing factors, and subsequently define the boundaries of the project performance. (True/False)
Ans. True
51. ___ structures are typically used in businesses that primarily sell and produce standard products and seldom conduct external projects.
Ans. Functional-type organisation
52. In a ___, the employees work for different projects in a team-like structure.
Ans. Project-type organisational structure
53. ___ is the most common type of project organisation.
Ans. Matrix-type organisation
54. In the matrix-type organisation, ___ provides the resources needed and ___ is responsible for the project results.
Ans. The functional managers, project manager
55. ___ structures are also referred to as the Organisational Chart.
Ans. Organisational
56. A project leader or manager is expected to be completely accountable for his team members and meeting the team’s targets. (True/False)
Ans. True
57. Project leader role will require an individual with strong management skills. (True/False)
Ans. True
58. The Project Leader is the person responsible for the overall project. (True/False)
Ans. True
59. ___ is the oldest and simplest type of organization where the line of command is fulfilled from top to bottom.
Ans. Line organisation
60. ___ have the principal responsibility of achieving the target goals of the firm and have the decision-making authority.
Ans. Line managers
61. The matrix organisation is conducive for ___.
Ans. Project management
62. In large organisations, project management shall be of line type function where the project manager shall have ___ and has total formal control over the division he or she heads.
Ans. Full line authority
63. ___ identified six distinct leadership styles.
Ans. Daniel Goleman
64. In ___ style, a leader issues orders without any discussion with members.
Ans. Coercive
65. In ___ style, the project manager shares his or her vision with the team but permits them to use their respective ideas to come up with a solution.
Ans. Authoritative
66. High-performance standards are set for team members in ___ style.
Ans. Pace-setting
67. Lack of motivation among employees and low quality of production occurs in ___.
Ans. Theory X
68. The smoothing method reduces the scale of conflict by making differences seem less important. (True/False)
Ans. True
69. In the method of problem-solving, a committee is set up to find a solution. (True/False)
Ans. True
70. Withdrawal may be the most effective way to settle conflicts. (True/False)
Ans. False
71. Forcing method of resolving conflict is used when one person has authority over another and uses it. (True/False)
Ans. True
72. A ___ needs to possess excellent analytical and organizational skills to manage a project team.
Ans. Project Manager
73. Diversity management is a management strategy to promote and maintain a ___ environment in the organization
Ans. Positive workplace
74. A strong ___ program encourages the development of skills and talents of the employees.
Ans. Diversity management
75. Diversity management works on the principle of ___
Ans. Acceptance
Critical Path Method – CPM questions and answers
Here are some multiple-choice questions (MCQs) related to the Critical Path Method (CPM) along with their options, correct answers, and explanations:
Q1. What is the Critical Path Method (CPM) used for in project management?
a) Cost estimation
b) Resource allocation
c) Project scheduling
d) Risk analysis
Answer: c) Project scheduling
Explanation: The Critical Path Method (CPM) is primarily used for project scheduling. It helps in determining the most efficient sequence of activities and the critical path, which is the longest sequence of dependent activities that determines the project’s overall duration.
Q2. Which activity is crucial in the Critical Path Method?
a) Slack activity
b) Dummy activity
c) Non-critical activity
d) Independent activity
Answer: b) Dummy activity
Explanation: In CPM, a dummy activity is used to represent a logical relationship between two activities, indicating that they depend on each other even though there is no actual work involved. It helps in determining the critical path and the sequence of activities.
Q3. What does the term “float” refer to in the context of CPM?
a) The time required to complete an activity
b) The time by which an activity can be delayed without delaying the project
c) The total duration of the project
d) The minimum time required to complete the project
Answer: b) The time by which an activity can be delayed without delaying the project
Explanation: Float, also known as slack, represents the flexibility in the scheduling of non-critical activities without affecting the project’s completion time. It helps project managers in optimizing resource allocation and scheduling.
Q4. Which path represents the longest duration in a CPM network diagram?
a) Fast track
b) Slack path
c) Critical path
d) Parallel path
Answer: c) Critical path
Explanation: The critical path is the sequence of activities that determines the project’s overall duration. It represents the longest path through the network diagram and includes activities with zero float, meaning any delay in these activities will delay the project.
Q5. In CPM, what is the significance of the “forward pass” and “backward pass”?
a) They determine the project’s start and end dates
b) They identify critical activities
c) They calculate the total project cost
d) They optimize resource allocation.
Correct Answer: a) They determine the project’s start and end dates.
Explanation: The forward pass calculates the earliest start and finish times for activities, while the backward pass calculates the latest start and finish times. The difference between the earliest and latest times for an activity determines its float and helps in identifying critical activities and the project’s duration.
Q6. What is the full form of PERT in project management?
a) Project Evaluation and Resource Tracking
b) Project Execution and Risk Testing
c) Program Evaluation and Review Technique d) Project Efficiency and Resource Management
Answer: c) Program Evaluation and Review Technique
Explanation: PERT stands for Program Evaluation and Review Technique. It is a project management technique used to analyze and represent the tasks involved in completing a project, along with their dependencies and expected durations.
Q7. CPM is used primarily for:
a) Cost analysis
b) Project scheduling
c) Risk assessment
d) Quality control
Answer: b) Project scheduling
Explanation: CPM, or Critical Path Method, is primarily used for project scheduling. It helps in identifying the critical path, which is the sequence of activities that determine the project’s overall duration, allowing effective planning and resource allocation.
Q8. Which of the following represents the longest path in a project network diagram using PERT or CPM?
a) Optimal path
b) Fast track
c) Critical path
d) Parallel path
Answer: c) Critical path
Explanation: The critical path represents the longest path in a project network diagram. It includes activities with zero float or slack, meaning any delay in these activities will delay the project’s completion.
Q9. In PERT, what does the “expected time” of an activity represent?
a) The most optimistic estimate
b) The most pessimistic estimate
c) The average of the optimistic and pessimistic estimates
d) The shortest possible time
Answer: c) The average of the optimistic and pessimistic estimates
Explanation: In PERT, the expected time of an activity is calculated as the weighted average of the optimistic, most likely, and pessimistic time estimates. This helps in accounting for uncertainties and variations in activity durations.
Q10. PERT and CPM are techniques commonly used in project management to:
a) Reduce project complexity
b) Optimize resource allocation
c) Eliminate project risks
d) Minimize project costs
Answer: b) Optimize resource allocation
Explanation: PERT and CPM are used to optimize resource allocation by identifying critical activities, estimating project durations, and determining the sequence of tasks. They aid in efficient planning and execution of projects.
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Project Management questions and answers exams pdf download
FAQs related to Project Management, CPM, and PERT
Q1. What is Project Management?
Answer: Project Management is the systematic process of planning, executing, monitoring, and controlling various tasks and resources to achieve specific goals within a defined timeframe and budget. It involves coordinating activities, managing resources, and ensuring successful project completion.
Q2. What is the full form of CPM in Project Management?
Answer: The full form of CPM in Project Management is “Critical Path Method.” CPM is a project management technique used to analyze and schedule tasks in a project, determining the critical path that determines the project’s overall duration.
Q3. What is the full form of PERT in Project Management?
Answer: The full form of PERT in Project Management is “Program Evaluation and Review Technique.” PERT is a project management technique that focuses on estimating the time required to complete tasks by considering optimistic, pessimistic, and most likely scenarios.
Q4. What is PERT and CPM?
Answer: PERT (Program Evaluation and Review Technique) and CPM (Critical Path Method) are project management techniques used to plan, schedule, and manage tasks in a project. They help identify critical tasks, estimate project duration, and allocate resources effectively.
Q5. What is PERT?
Answer: PERT, or Program Evaluation and Review Technique, is a project management method that involves estimating task durations using optimistic, pessimistic, and most likely time estimates. It helps analyze project risks, identify critical paths, and optimize project schedules.
Q6. What is CPM?
Answer: CPM, or Critical Path Method, is a project management technique used to determine the most critical tasks and the sequence in which they should be completed. It identifies the critical path, which is the longest sequence of dependent tasks that determines the project’s overall duration.
Conclusion Points
We hope that our Project Management MCQs with Answers pdf notes have been helpful in your preparation for project management exams. By practicing these multiple-choice questions, you have gained a better understanding of various concepts and principles related to project management.
We encourage you to share these pdf notes with your friends and colleagues on social media so that they can also benefit from this resource. Remember, the more we share knowledge, the more we empower others in their professional growth. Together, let’s strive for excellence in project management!
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