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Project Initiation and Selection MCQ

Project Initiation and Selection MCQ

1. Utility Project is a type of project with high risk serving to deteriorate the effectiveness and/or efficiency of an organization by affecting the strategic goals of the organization.

Answer

Correct Answer: False

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2. The specified price of a good in a real option contract is known as ?

Answer

Correct Answer: Strike Price

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3. A type of project supporting the long-term viability of an organization and its stated mission is known as ?

Answer

Correct Answer: Strategic Project

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4. ______ is also known as tollgate.

Answer

Correct Answer: Stage Gate

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5. ________ is a contract giving the owner the right (but not the obligation) to purchase a good at a stated price sometime in the future.

Answer

Correct Answer: Real Option

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6. The ratio of discounted future returns divided by the initial investment is known as ?

Answer

Correct Answer: Profitability Index

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7. The number of time periods (e.g., years) needed to recover the cost of the project is known as ?

Answer

Correct Answer: Payback Period

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8. The sum of the discounted cash flows (DCFs) over the estimated life of the project is known as Net Present Value

Answer

Correct Answer: True

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9. The discount rate that results in an NPV (net present value) equal to zero is known as ?

Answer

Correct Answer: Internal Rate of Return

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10. An increase in the price of goods and services without any corresponding increase in quality or functionality is known as_____.

Answer

Correct Answer: Inflation

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11. A tool that uses a branching structure to map out decision points and________, including uncertain events are known decisions.

Answer

Correct Answer: Consequences

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12. What does ARR stand for ?

Answer

Correct Answer: Accounting Rate of Return

Note: This Question is unanswered, help us to find answer for this one

Project Management MCQs | Topic-wise

MCQ on An Introduction to Project Management MCQ on Assessing Project Progress
MCQ on Managing Decentralized Projects MCQ on Managing Project Resources
MCQ on Managing a Multi-Project Environment MCQ on Probability and Distribution Functions
MCQ on Project Content MCQ on Project Planning
MCQ on Project Trade-offs and Risk Mitigation MCQ on Scheduling a Deterministic Project
General Project Management MCQs
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Project Management Subjects
An Introduction to Project Management MCQs
Project Planning MCQs
Agile Project Management MCQs
Project Content MCQs
Probability and Distribution Functions MCQs
Scheduling a Deterministic Project MCQs
Project Trade-offs and Risk Mitigation MCQs
Scheduling Stochastic Projects MCQs
Monte Carlo Simulation MCQs
Managing Project Resources MCQs
Project Teams MCQs
Managing Decentralized Projects MCQs
Assessing Project Progress MCQs
Managing a Multi-Project Environment MCQs
Software Management MCQs
Basic Project Management MCQs
More Resources
Project Management MCQ
Project Management Skill Assessment
Project Management PDF
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