Project Planning MCQs
Project Planning MCQs
The following Project Planning MCQs have been compiled by our experts through research, in order to test your knowledge of the subject of Project Planning. We encourage you to answer these multiple-choice questions to assess your proficiency.
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1: ___________are items accepted as true without proof or verification, although there may be supporting evidence.
A. Assumptions
B. Atomic Requirement
C. Avoidance
D. None of these
2: _______is a specified requirement that is completely stated and cannot, or should not, be logically subdivided.
A. Assumptions
B. Atomic Requirement
C. Avoidance
D. None of these
3: _________ is a response strategy where you redefine a project to eliminate the risk altogether.
A. Assumptions
B. Atomic Requirement
C. Avoidance
D. None of these
4: ________ is a clearly established specification that determines when a project is complete.
A. Constraints
B. Completion Criteria
C. Contingency Plan
D. Critical Success Factors
5: Limits or restrictions that are imposed from outside the project (e.g., regulatory or legal restrictions).
A. Constraints
B. Completion Criteria
C. Contingency Plan
D. Critical Success Factors
6: A strategy that specifies a set of tasks to be performed in the event that a risk is realized is called __________.
A. Executive Summary
B. Contingency Plan
C. Mitigation
D. Phases
7: Critical Success Factors (CSFs) are the necessary conditions that must be unsatisfied for the project to succeed.
A. False
B. True
8: Executive Summary documentation that explains, justifies, and motivates the project in __________ paragraphs; elevator pitch.
A. One
B. Two
C. Both
D. None of these
9: A strategy that involves taking some action(s) that reduces the likelihood and/or impact of a risk to an acceptable level is known as:
A. Mitigation
B. Project Description
C. Project Overview
D. NOne of the above
10: __________ means groupings of functionally related activities to be completed at a specific point in time before moving to the next.
A. Project Description
B. Phases
C. Both
D. None of these
11: Project description is a detailed description of a project that conveys the reasons for undertaking and the anticipated benefits associated with completing a project.
A. True
B. False
12: Project Overview is a __________ description of a project’s background, objectives, and anticipated benefits.
A. Low-level
B. High-level
C. Both
D. None of these
13: Specifies quality standards with respect to the specific deliverables and project process.
A. QAP in Project management stands for:
B. Quality Assurance Procedure
C. Quality Assurance Plan
D. Quality Assurance Provision
14: Retention is a strategy of managing a potential risk; a willingness to bear the full impact should the risk occur.
A. True
B. False
15: A tool used to communicate identified risks with their expected impact, probability of occurrence, and planned responses is called _________.
A. Risk Sharing
B. Scope
C. Risk Register
D. None of these
16: ___________ is a strategy implemented to engage multiple partners in bearing some portion of the project’s risk.
A. Risk Sharing
B. Scope
C. Risk Register
D. None of these
17: Risks uncertain factors that can affect __________ a project.
A. Negatively
B. Positively
C. Both
D. None of the above
18: Documentation of what is and what isn’t included in the project is known as:
A. Sensitivity Chart
B. Scope
C. Tornado Diagram
D. Transference
19: Sensitivity Chart is a bar chart showing the correlation coefficient between changes in a cost parameter and the overall project cost.
A. True
B. False
20: Tornado diagram is _________ chart showing the relationship between changes in parameter values and the overall project cost.
A. Sensitivity
B. Scope
C. Both
D. None of these
21: A strategy that entails shifting the burden of the risk to another organization is called____________.
A. Transference
B. Sensitivity Chart
C. Scope
D. Tornado Diagram
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Project Planning MCQs
