Advance Project Management MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Advance Project Management, a fundamental topic in the field of Human Resource Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Advance Project Management MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Advance Project Management mcq questions that explore various aspects of Advance Project Management problems. Each MCQ is crafted to challenge your understanding of Advance Project Management principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Advance Project Management MCQs are your pathway to success in mastering this essential Human Resource Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Advance Project Management. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Advance Project Management knowledge to the test? Let's get started with our carefully curated MCQs!

Advance Project Management MCQs | Page 44 of 64

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Q431.
Getting many more projects than management expected, is a symptom of a misaligned

a.

Strategy

b.

Vision

c.

Portfolio

d.

Mission

Discuss
Answer: (c).Portfolio
Q432.
The common phrase "return on investment" does not denote any specific method of calculation. It usually involves

a.

Internal rate of return

b.

Net present Value

c.

Profitability Index

d.

both a and b

Discuss
Answer: (d).both a and b
Q433.
The concept of comparative benefits, if not a formal model, it is widely adopted for

a.

Predictor of project success

b.

Data Selection

c.

Flow Selections

d.

Selection decisions

Discuss
Answer: (d).Selection decisions
Q434.
In nonnumeric models, the most straightforward technique for ordering projects is

a.

R-Sort

b.

P-Sort

c.

Q-Sort

d.

O-Sort

Discuss
Answer: (c).Q-Sort
Q435.
Unweighted factor scoring ensures that each criterion performance measure utilizes the

a.

Full scale of possible values

b.

Selected scale of possible values

c.

Full scale of few selected values

d.

Selected scale of few selected values

Discuss
Answer: (a).Full scale of possible values
Q436.
This process of carving away the unwanted reality from the bones of a problem is called

a.

Modelling the problem

b.

Scale-down the problem

c.

Scale-up the problem

d.

both b and c

Discuss
Answer: (a).Modelling the problem
Q437.
The proper choice of investment projects is crucial for every firm to have a

a.

Desired Goal

b.

Long-run survival

c.

Market survival

d.

Objectives Achievement

Discuss
Answer: (b).Long-run survival
Q438.
The implementation plan for the project contains estimates of the

a.

Cost and time

b.

Material used

c.

both a and b

d.

Quality

Discuss
Answer: (c).both a and b
Q439.
The last step in Project Portfolio Process is

a.

Implementation

b.

Maintenance

c.

Assemble

d.

Testing

Discuss
Answer: (a).Implementation
Q440.
Allocation of funds to those projects that support the organization's goals is the responsibility of

a.

Middle Management

b.

Fund raisers

c.

Funding council

d.

Project council

Discuss
Answer: (d).Project council
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