Project Trade-offs and Risk Mitigation MCQs
Project Trade-offs and Risk Mitigation MCQs
These Project Trade-offs and Risk Mitigation multiple-choice questions and their answers will help you strengthen your grip on the subject of Project Trade-offs and Risk Mitigation. You can prepare for an upcoming exam or job interview with these Project Trade-offs and Risk Mitigation MCQs.
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1: Budget is a document indicating the financial allocations for a proposed project. Budgets can be developed using a _____________ approach.
A. Top-down
B. Bottom-up
C. Both
D. None of these
2: An overlapping product design process is known as:
A. Crash (Compression) Limit
B. Crashing
C. Concurrent Engineering
D. Marginal Cost of Compression
3: Crash (Compression) Limit is the maximum possible reduction in task duration that can be achieved by adding additional resources.
A. True
B. False
4: ___________ is a reducing or shortening the project schedule by adding additional resources.
A. Crash (Compression) Limit
B. Crashing
C. Concurrent Engineering
D. Marginal Cost of Compression
5: Parallel Processing means tasks are processed individually.
A. True
B. False
6: Serial Processing means tasks are processed sequentially.
A. True
B. False
7: A continuous risk-tracking process can _____.
A. Revent new issues
B. Notice changes in existing risks
C. Revert reported risks
8: _______________ is the tendency for highly cohesive teams to lose their evaluative capabilities.
A. Decision avoidance
B. Communication drift
C. Centralized communication
D. Groupthink
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Project Trade-offs and Risk Mitigation MCQs
