Project Management Templates

Question No: 1 – Please choose one

When the amount of government spending exceeds the amount of revenues, the result is called:

Trade deficit

Budget deficit

Balance of payment

Opportunity cost

Question No: 2 – Please choose one

What characteristic motivate a person to start his own business?

Earning large incomes

Being his own boss

Challenge

All of the given options

Question No: 3 – Please choose one

Firms can ensure responsibility to customers by:

Safe manufacturing techniques

Proper disposal of waste

Seeking feedback about product

Full financial disclosure

Question No: 4 – Please choose one

The position of chief financial officer is considered to be a:

Supervisory position

Top management position

First-line management position

Bottom-line position

Question No: 5 – Please choose one

The reinforcement theory that motivates employees by encouraging them to behave in a manner that avoids unfavorable consequences is __________ reinforcement.

Positive

Neutral

Equity

Negative

Question No: 6 – Please choose one

A Rolex watch and Mercedes car are considered:

Convenience products

Shopping goods

Specialty products

Industrial products

Question No: 7 – Please choose one

One way to accelerate the distribution process is to make sure that it is integrated with _______ process.

Marketing

Financing

Advertising

Production

Question No: 8 – Please choose one

Even a companys product is properly produced, priced and distributed, it still needs to be:

Manufactured

Graded

Promoted

Market tested

Question No: 9 – Please choose one

_____________ is a management approach for an organization, centered on quality, based on the participation of all its members and aiming at long-term success through customer satisfaction and benefits to all members of the organization and to society.

Total quality management

project management

Personnel management

Strategic planning

Question No: 10 – Please choose one

Information-systems applications, based on telecommunication technologies, that use networks of appliances or devices to communicate information by electronic means are:

Electronic information technologies

Management information systems

Information management

Transaction processing systems

Question No: 11 – Please choose one

Effective marketing are intended to affect the firms:

Financial leverage

Social responsibility

Strategic plan

Cash inflows

Question No: 12 – Please choose one

Arrangement whereby selected professional providers offer services at reduced rates and permit thorough review of their service recommendations is:

Health maintenance organization

Preferred provider organization

Point-of-service

Health Insurance

Question No: 13 – Please choose one

Process of conserving the firm’s earning power and assets by reducing the threat of losses due to uncontrollable events is:

Risk Avoidance

Risk Management

Risk Control

Risk Transfer

Question No: 14 – Please choose one

__________ requires that expenses incurred in producing revenues be deducted from the revenue they generated during the same accounting period in order to accurately present the profitability of a business.

Revenue Recognition

Full Disclosure

Matching principle

Solvency Ratios

Question No: 15 – Please choose one

According to ___________ principle, organizations should be able to retain or dismiss employees at their discretion.

Employment-at-Will

Hostile work environment

Workforce Diversity

Knowledge Worker

Question No: 16 – Please choose one

Capital is the lifeblood of every business and is the most essential and important element of business.

True

False

Qu

I would suggest you to post each question separately to get a valid and relevant answer..

The project might have needed no modifications, or very few modifications.

"Performance management" might encourage quantity rather than quality. Instead of none or one or two necessary or desirable modifications, there might be hundreds of unnecessary and undesirable modifications ?

Proper analysis and planning

Now, to all of you software engineers in the automobile industry or free thinkers, suppose you are presenting your knowledge and findings to managers to break into software market for automobile software industry, what are the challenges based on your own perspectives of producing software (embedded or not) for automotive industry? Addressing aspects in SE as well as project management SE issues (E.g. requirements engineering, quality specifications, safety critical oriented). Thanks.

This question is too difficult to get a reasonable answer from this forum. You need to do loads of research to understand what the industry currently gets and actually wants/expects

im doing my mba operations management can anyone who has a project report can give it to me please in total quality management, supply chain management etc. please because i have to submit it before june 15th please help me by giving project reports and proposals. thanking you

Please visit if interested http://www.pagalguy.com or http://www.educatorz.com for getting a project report.

Hi All,

We want to be a Registered Education Provider (R.E.P) for PMI, USA. As mentioned at PMI website – http://www.pmi.org/CareerDevelopment/Pages/Become-a-Registered-Education-Provider.aspx

the top criteria are:

- Show organizational maturity and be a legal organization that has offered project management training for at least one year
- Provide evidence of quality product design, delivery and content
- Show that course content is consistent with PMI global standards or offers differing or new concepts that are clearly indicated as such in marketing and instructional materials
- Properly award PDUs for course completion
- Offer proper R.E.P. marketing representation

We are planning to start off and hence do not meet the first criteria. We can present all other needed material as required by PMI.

Could you please inform:

- If individuals can come up and request for being REP by presenting their Bios, experience in Project Management and providing various trainings related to management in their earlier organization in their individual roles/responsibilities
- If there is any other way you can be associated with a current R.E.P and launch your own program
- If you can associated with any other organization which provides management training and launch your program via them.
- If any other route.

Your help and guidance on this aspect is highly appreciated.

Hi,

I am myself a PMP Trainer and I am pursuing the PMI R.E.P. status. Unfortunately, I must tell you that there is no way around the rules that the PMI has set up. You have to follow the rules in order to become a PMI R.E.P.

What I am doing in the meantime is twofold:
1.) build partnerships with companies that are PMI R.E.Ps and they have agreed to include some of my trainings
2.) offer category 4 PDU courses. These courses/PDUs are just as valid as category 3 PDUs.

Until next time,
Cornelius Fichtner, PMP
The Project Management PrepCast – http://www.pm-prepcast.com

I’m on a project where it seems that senior management has pushed difficult decision making down the organization. One of the things we are goind is trying to decide if adding more resources to our testing effort would indeed help the overal delivery date of the project or if this would only succeed to create much unwanted overhead and really not resulting much of an improvement on the date of the delivery.

I’d like to know if ‘throwing’ bodies at a testin effort really has an added value or if it just causes more of a quality issue.

Is the intent to increase the amount of testing, or to attempt the same amount of testing in a shorter period of time ?

If it’s the later it would seem like you would be have to be well organized, and that the testing would have to be modularized in such a way that it could be parcelled out to multiple people.

As I’m sure you’r aware, the communication challenges increase significantly as you add more people.

You would hope that there would be an optimal number of people to do the testing depending on the test plan and that you would staff to that level.

i am interested to do summer project in total quality management

The websites for the states of Illinois and Wisconsin have the summer job information. You might not be able to limit your summer work to "management"; they will assign you to a job..

.. stab others in the back (metaphorically of course).

Take the Collins australian new construction submarine project – has ANYONE been complimented for good work well done.
It’s starting to look like the project was undone by performance management – that if there was poor quality work it was CAUSED by new fangled "performance management".
Terrific insight.

Thanks.

I heard a top person say "You’re surrounded by yes men".

Good observation.

The whole concept of "Performance Management" is the brainwashing of a group of lame brained yes-men and yes-women who pat themselves in the back for finishing a project by 1. getting cheapest labor 2. bullying the poorly paid workers and 3. Chintzing on parts cost and quality.

Now I am not saying this applies to any corporate project in particular but the theme is repeated ALL over the world, not just Australia.

One gets what one paid for.

1. Which level of management makes decisions about the activities such as acquiring other
companies, investing in research and development and building new plants?
a) Top managers
b) Middle managers
c) First-line managers
d) Non-managerial employees
2. A supervisor is teaching an employee to use a piece of equipment safely. Which of the
following skills are most important for the manager?
a) Technical skills
b) Conceptual skills
c) Human skills
d) Strategic skills
3. The major contribution of the Industrial Revolution was the substitution of _______ for
human power.
a) Machine power
b) Electricity
c) Water power
d) Critical thinking
4. All of the following are characteristics of total quality management EXCEPT:
a) Concern for continual improvement
b) Improvement in quality of everything the organization does
c) Intense focus on the competition
d) Accurate measurement
5. For a company such as PIA, a bank would be an example of what kind of factor in its
specific environment?
a) Competitor
b) Special-interest group
c) Supplier
d) Government agency
6. Which of the following is NOT an example of an organizations general environment?
a) Economic conditions
b) Political conditions
c) Social conditions
d) Organization culture
7. If a company provides job-share programs, builds a day-care facility, and only uses
recycled paper, it can be termed as:
a) Fulfilling its social obligation
b) Socially aware
c) Socially image conscious
d) Socially responsive
8. If a company is paying minimum wages, when necessary, and applying the minimum
standard to laws, such as affirmative action, it would be said to have fulfilled its:
a) Social obligation
b) Social responsibility
c) Social responsiveness
d) Social expectation
9. Which of the following describes a global marketplace?
a) The entire world is a marketplace
b) National borders are irrelevant
c) The potential for organizations to grow expands dramatically
d) All of the given options
10. Which one of the following items best reflects the dimension of different cultures that
exemplifies the extent to which individuals expect a hierarchical structure?
a) Uncertainty avoidance
b) Power distance
c) Masculinity/femininity
d) Long-term/short-term orientation
11. Attempting to understand the signs of some problem comes under which of the following
stage?
a) Scanning stage
b) Categorization stage
c) Diagnosis stage
d) Implementation stage
12. Which of the following is NOT a valid assumption about rationality?
a) The problem is clear and unambiguous
b) Preferences are constantly changing
c) A single well-defined goal is to be achieved
d) Preferences are clear
13. Lower-level managers typically confront what type of decision making?
a) Unique
b) Non-routine
c) Programmed
d) Non-programmed
14. The people at the bottom of the organization generally deal with repetitive and familiar
problems such as workers who are late or machinery that breaks down. As a result, most of
the decisions made by first line supervisors are:
a) Ill-structured decisions
b) Novel decisions
c) Programmed decisions
d) Non-programmed decisions
15. An increased commitment to a previous decision despite evidence that it may have been
wrong is referred to:
a) Economies of commitment
b) Escalation of commitment
c) Dimensional commitment
d) Expansion of commitment
16. When managers avoid the rational decision-making model and find ways to satisfice, they
are following which of the following concept?
a) Jurisprudence
b) Bounded rationality
c) Least-squared exemptions
d) Self-motivated decisions
17. Which of the following means that you achieve the best possible balance among several
goals?
a) Sacrificing
b) Optimizing
c) Satisficing
d) Minimizing
18. If a groups desire for consensus and cohesiveness overwhelms its desire to reach the best
possible decision, it is called:
a) Groupthink
b) Group pressure
c) Group decision
d) Group dynamics
19. A form of group decision making in which a group is used to achieve a consensus of expert
opinion is called:
a) Interacting group
b) Delphi technique
c) Nominal group
d) Brainstorming
20. Which of the following is the process of developing assumptions on premises about the
future that managers can use in planning or decision making?
a) Benchmarking
b) project management
c) Forecasting
d) Scheduling

hey dear, i am not sure about 5, 10, and 17th Q but here are the rest of teh answers:

1- a
2- a
3- a
4- c
5-
6- d
7- d
8- a
9- d
10-
11- b
12- b
13- c
14- c
15- b
16- b
17-
18- a
19- b
20- c

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