Shivaji University , Kolhapur

Question Bank For Mar 2022 ( Summer ) Examination

Subject Code : 84724 Subject Name : Elective-II (Project Management)

Sr.
Question A B C D Answer
No.
A_________________
is a temporary
1 endeavor undertaken to program process project portfolio C
create a unique product,
service, or result.
Which of the following
meeting
is not part of the triple meeting meeting time meeting cost
2 communications C
constraint of project scope goals goals goals
goals
management?
__________________
is the application of
knowledge, skills,
Project Program Project portfolio Requirements
3 tools, and techniques to A
management management management management
project activities to
meet project
requirements.
Project portfolio
management addresses
_________ goals of an
strategic, tactical, internal,
4 organization, while external, internal A
tactical strategic external
project management
addresses __________
goals
Several application
5 development projects portfolio program investment collaborative B
done for the same
 functional group might
best be managed as part
of a _____________.
Which of the following
is not a potential Shorter
Higher worker Lower cost of Higher profit
6 advantage of using development C
morale capital margins
good project times
management?
Which of the following developing the
developing
processes is not part of developing the project closing the project
7 the project A
project integration project charter management or phase
business case
management? plan
What is the last step in
the four-stage planning IT strategy business area resource
8 mind mapping D
process for selecting IT planning analysis allocation
projects?
selecting
aligning
Which of the following projects that focusing on
projects and assigning project
is not a best practice for will take less customer needs
9 resources managers to lead B
new product than two years in identifying
with business projects
development projects? to provide projects
strategy
payback
If estimates for total
discounted benefits for
a project are $120,000
and total discounted
10 $20,000 $120,000 20 percent 120 percent C
costs are $100,000,
what is the estimated
return on investment
(ROI)?
A _____________ is a
project project
11 document that formally contract business case A
charter management plan
recognizes the
 existence of a project
and provides direction
on the project’s
objectives and
management.
What tool and
technique is used for all project
12 processes of project management templates expert judgment all of the above C
integration software
management?
Which tool or
technique for collecting
13 requirements is often interviews focus groups surveys observation A
the most expensive and
time consuming?
What approach to
developing a WBS
14 involves writing down top-down bottom-up analogy mind mapping D
or drawing ideas in a
nonlinear format?
Which of the following
processes involves
determining the
policies, procedures, planning estimating
defining activity
15 and documentation that schedule activity A
activities sequencing
will be used for management resources
planning, executing,
and controlling the
project schedule?
Predecessors,
successors, logical items in an items on a milestone
16 activity attributes D
relationships, leads and activity list Gantt chart attributes
lags, resource
 requirements,
constraints, imposed
dates, and assumptions
are all examples of
_____________ .
Which of the following
is not an output of the
project cost
activity cost basis of project documents
17 management process a cost baseline B
estimates estimates updates
called estimating costs,
according to the
PMBOK® Guide?
If a project is halfway
completed, its schedule
It is ahead of
performance index is It is ahead of It is behind It is behind
schedule and
18 110 percent, and its schedule and schedule and schedule and over B
under
cost performance index over budget. under budget. budget.
budget.
is 95 percent, how is it
progressing?
_______________ is
the degree to which a
Conformance
19 set of inherent Quality Fitness for use Reliability A
to requirements
characteristics fulfills
requirements.
__________ generates
ideas for quality
improvements by
comparing specific
Quality Design of
20 project practices or Six Sigma Benchmarking D
audits experiments
product characteristics
to those of other
projects or products
within or outside the
 performing
organization.

What tool can you use

a cause-and-
to determine whether a a control panel
21 effect a control chart a run chart B
process is in control or diagram
diagram
out of control?
At the bottom of
Maslow’s pyramid or Self-
22 esteem safety physiological D
hierarchy of needs are actualization
________ needs.
According to
McClelland’s acquired-
needs theory, people
who desire harmonious
23 social achievement affiliation extrinsic C
relations with other
people and need to feel
accepted have a high
_________ need.
A staffing management
plan often includes a
resource __________ ,
24 which is a column chart chart graph histogram timeline C
that shows the number
of resources assigned to
the project over time.
Which risk
identification tool
risk
involves deriving a
25 breakdown brainstorming interviewing Delphi technique D
consensus among a
structure
panel of experts by
using anonymous input
 regarding future
events?

A risk
______________ is a
document that contains
results of various risk management breakdown probability/impact
26 register B
management processes, plan structure matrix
and is often displayed
in a table or
spreadsheet format.
____________ are
indicators or symptoms
of actual risk events,
27 such as a cost overrun Probabilities Impacts Watch list items Triggers D
on early activities being
a symptom of poor cost
estimates.
Suppose there is a 30
percent chance that you
will lose $10,000 and a
70 percent chance that
28 you will earn $100,000 —$30,000 $70,000 $67,000 —$67,000 C
on a particular project.
What is the project’s
estimated monetary
value?
_____________ is a
quantitative risk
analysis tool that uses a
Sensitivity Monte Carlo
29 model of a system to Simulation EMV A
analysis analysis
analyze its expected
behavior or
performance.
 Your project team has
decided not to use an
upcoming release of
software because it
30 avoidance acceptance transference mitigation A
might cause your
schedule to slip. Which
negative risk response
strategy are you using?
Select the option that
Individuals
suits the Manifesto for Working Customer All of the
31 and D
Agile Software software collaboration mentioned
interactions
Development
Agile Software Both Incremental
Incremental Iterative Linear
32 Development is based and Iterative D
Development Development Development
on Development
Outputs are
decided
through a Specification,
How is plan driven
process of design,
development different Iteration occurs All of the
33 negotiation implementation C
from agile development within activities mentioned
during the and testing are
?
software interleaved
development
process
In XP Increments are
delivered to customers
34 One two three four B
every ______________
weeks.
Who is responsible to
The Scrum The Delivery The Product The Development
35 measure the Project’s C
Master Manager Owner Team
performance?
 When all the
When all the
Sprint When the
In Scrum, when is a Sprint Backlog When the time
36 Backlog Product Owner D
Sprint Over? tasks are box expires
Items are suggests
completed
completed
UNIT I

1 Define project management and explain with neat diagram Project

Management Framework.
2 What are the phases in traditional project life cycle? How does the project
Life cycle differ from product life cycle?
3 Explain the roles of project manager? Describe the suggested skills for
project manager?
4 Explain with an Example the three-sphere model for system management?
5 What is a project? What are its main attributes and project constraints?
6 Write short notes on Stakeholders Management and Four frames of
organizations
7 What is a Project? Give the Examples of IT Project?
8 Explain the concept of Triple Constraints with Example
9 Explain Issues that affect for IT Project Management
10 Explain process groups and mapping of process groups to knowledge areas.
11 Explain in details the roles of project manager with the help of following
points i) Job Description ii)Skills iii) Leadership skills iv) Career

UNIT II

1 Briefly explain the differences between functional, matrix, and project

organizations. Describe how each structure affects the management of a
project.
2 Explain & describe a well planned and executed project. Describe a failed
project. What elements of project integration might have contributed to the
success or failure of each?
3 Why is good project scope management so important on IT projects?
4 Explain process groups and mapping of process groups to knowledge areas.
5 Write a short note on Weighted Scoring Model,
6 Describe processes involve in “ Project portfolio Management”.
7 Explain net present value analysis
8 Explain Project management plan content
 9 Explain Return on Investment with example
10 What is Payback Analysis with example?
11 Perform a financial analysis for a project. Assume that the projected costs and
benefits for this project are spread over four years as follows: Estimated costs
are $200,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated
benefits are $0 in Year 1 and $100,000 each year in Years 2, 3, and 4. Use a 9
percent discount rate, and round the discount factors to two decimal places.
Create a spreadsheet or use the business case financials template on the
companion Web site to calculate and clearly display the NPV, ROI, and year
in which payback occurs. In addition, write a paragraph explaining whether
you would recommend investing in this project, based on your financial
analysis

UNIT III

1 Why do we need a good WBS to use project management software? What are
other types of software can you see to assist in project scope management ?
2 Why do you think schedule issues often cause the most conflicts on project?
3 Explain what happens during the process to determine the project schedule?
4 Why is it important to determine activity sequencing on projects ? Discuss
diagrams you have seen that are similar to network diagrams. Describe their
similarities and differences.
5 What is meant by a sunk cost? Give examples of typical sunk costs for an IT
project as well as examples from your personal life. Why is it difficult for
people to ignore them when they should?
6 Explain Gantt Charts, PERT & EVM.
7 What is Project Scope Management? Explain six main processes involved in
it.
8 What is the main technique used for validating scope? Give an example of
scope validation on a project.
 9 What is involved in collecting requirements for a project? Why is it often
difficult to do?
10 How does activity resource estimating affect estimating activity durations?
11 How can you minimize or control changes to project schedules?
12 Discuss why many IT professionals may overlook project cost management
and how this might affect the ability to complete projects within budget.

UNIT IV

1 What are the main processes in project quality management?

2 Why is quality assurance becoming more important? What types of jobs are
available related to quality assurance, and what qualifications are required
for those jobs?
3 How do functionality, system outputs, performance, reliability, and
maintainability requirements affect quality planning?
4 What are the three main categories of outputs for quality control?
5 Provide examples of when you would use the Seven Basic Tools of Quality
on an IT project.
6 Discuss changes in the job market for IT workers. How do the job market
and current state of the economy affect human resource management?
7 Summarize the processes involved in project human resource management.
8 Briefly summarize the works of Maslow, Herzberg, McClelland. How do
their theories relate to project management?
9 Briefly summarize the works of McGregor, Ouchi, Thamhain and Wilemon,
and Covey. How do their theories relate to project management?
10 Describe situations in which it would be appropriate to create a project
organizational chart, a responsibility assignment matrix. Describe what these
charts or matrices look like.
11 Describe situations in which it would be appropriate to create a RACI chart,
and a resource histogram. Describe what these charts or matrices look like.
12 Discuss the difference between resource loading and resource leveling, and
provide an example of when you would use each technique.
13 Explain two types of team-building activities described in human resource
 management and discuss their advantages and disadvantages.
14 Summarize the different ways that project managers can address conflicts to
help them manage project teams. What can they do to manage virtual team
members successfully?
15 Explain importance of Project Team Development and its stages.

UNIT V

1 Explain in detail importance of project risk management.

2 What are some questions that should be addressed in a risk management
plan?
3 Discuss the common sources of risk on IT projects and suggestions for
managing them. Which suggestions do you find most useful?
4 What is the difference between using brainstorming and the Delphi technique
474
for risk identification? What are some of the advantages and disadvantages of
each approach?
5 Describe the contents of a risk register and how it is used in several risk
management processes.
6 Describe how to use a probability/impact matrix and the Top Ten Risk Item
Tracking approaches for performing qualitative risk analysis. How could you
use each technique on a project?
7 Explain how to use decision trees and Monte Carlo analysis for quantifying
risk. Give an example of how you could use each technique on an IT
project.
8 Provide realistic examples of each of the risk response strategies for both
negative and positive risks.
9 List the tools and techniques for performing risk control.
10 Explain Four basic response strategies for negative and positive risks.
UNIT VI

1 Explain the genesis of agile methodology and its background.

2 What is agile manifesto and principles of agile project management?
3 Explain in detail about scrum methodology.
4 What is extreme programming and features driven development.
5 Explain in brief agile project management.
6 Explain in detail design and development practices in agile project.
7 Explain limitations of Extreme Programming
8 List and explain Agile methodology approaches.