Sunday, October 23, 2011

Project Management Quiz - 8

1. A Procurement Audit can best be described as a
[A]Review to check that the procured items were delivered
[B]Review to check that the contractor did not overcharge
[C]Review of the procurement process to check the suitability of the procurement processes
[D]Review to check the contract price

2. All projects should be formally closed
[A]Update and file all the project records
[B]Verify the project deliverables
[C]When they are terminated
[D]All of the above

3. When is the check list for roles and responsibility of team members prepared?
[A]Just before the project launch
[B]After the project launch
[C]During conceptualization stage
[D]None of the above

4. Who is present in project acceptance review meeting?
[A]Project management team
[B]Customer representative
[C]Project review authority
[D]All of the above

5. Who pays the expense for warranty maintenance?
[A]Project manager
[D]Business executive

6. When does the purchase order close out become difficult?
[A]While planning the project
[B]When new contract is awarded
[C]When relationship between customer and contractor is not cordial
[D]None of the above

7. Which is the temporary legal document used temporarily until the final, full fledged contract is signed?
[A]Letter of authorization
[B]Non-disclosure agreement
[C]Subcontractor agreement
[D]None of the above

8. What does project manager not do in resource close out?
[A]Preparing time schedule
[B]Creating project Plan
[C]Preparing close out and performance appraisal
[D]A & B

9. What is not included in Project Files?
[A]Risk registers
[B]Project management plan
[C]Company quarterly results
[D]Project scope documents

10. What is done in Project Health Check?
[C]Identification of Success criteria
[D]All of the above

11. Which post implementation review method helps in detection of fraud?
[A]Health Checks
[B]Project Audits
[C]Post Implementation reviews
[D]None of the above

12. Which is the closest statement defining project start-up?
[A]When the project manager gets the team together to celebrate the start of the project
[B]When the CEO gives the project manager clearance to start the project
[C]It is characterized by great uncertainty and considerable time pressures
[D]It is the initial phase of the project life cycle

13. Planning for the project is done in order to
[A]Decide the work that needs to be done
[B]Plan the scope of the project
[C]Plan the time, scope and cost of the project
[D]Understand what we need to do and plan how to do the work

14. Which of the following is not a subsidiary plan of the project management plan?
[A]Risk Plan
[B]Quality Control plan
[C]Project plan
[D]Staffing plan

15. The Project Management Plan is one of the most important documents in the project as it is
[A]Used to execute the project
[B]Used to monitor and control the project
[C]Uses the outputs of other planning processes
[D]All of the above

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