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 45 of 64

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Q441.
For survival, firms should develop strategies for assessing and reassessing the use of

a.

Their Objectives

b.

Their Resources

c.

Their strategy

d.

All of the Above

Discuss
Answer: (b).Their Resources
Q442.
Formal analytic method such as SWOT analysis is used for the identification of

a.

Mission

b.

Vision

c.

Strategies

d.

All of the Above

Discuss
Answer: (d).All of the Above
Q443.
Establishment of a strategic direction for those projects spanning internal or external boundaries of the organization is responsibility of

a.

Project Council

b.

Team leaders

c.

Lower-level managers

d.

Middle-level managers

Discuss
Answer: (a).Project Council
Q444.
For the calculation of expected benefits and resource needs, we need to include

a.

Time and duration

b.

Market value

c.

Market competition

d.

Capabilities

Discuss
Answer: (a).Time and duration
Q445.
The use of fiber-optic cables for data transmission can be an example of project type

a.

Derivative Projects

b.

R & D projects

c.

Breakthrough Projects

d.

Platform Projects

Discuss
Answer: (c).Breakthrough Projects
Q446.
The responsibility of allocating and controlling resources and skills to the projects is of

a.

Middle Management

b.

Project council

c.

Control Team

d.

Project Profile Team

Discuss
Answer: (b).Project council
Q447.
In Collecting Data Project, for cost data, use "activity based costs" rather than

a.

Current cost

b.

Decremented costs

c.

Incremental costs

d.

All of the Above

Discuss
Answer: (c).Incremental costs
Q448.
In PM, the successful initiation and completion of projects throughout the organization is the responsibility of

a.

Strategic goals achiever

b.

Routine Goals Achiever

c.

Project Management Office

d.

Quasi Project Manager

Discuss
Answer: (c).Project Management Office
Q449.
For some important resources, PM must depend on the goodwill of managers in the

a.

Parent Organization

b.

PM's Group Leader

c.

Child Organization

d.

Team Leaders

Discuss
Answer: (a).Parent Organization
Q450.
The knowledge of project management's ideas, as well as solutions for commonly encountered problems is given by

a.

PMBOK

b.

PM Network Magazines

c.

PM systems

d.

PM managers

Discuss
Answer: (b).PM Network Magazines
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