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Project Trade-offs and Risk Mitigation MCQ

Project Trade-offs and Risk Mitigation MCQ

1. _______________ is the tendency for highly cohesive teams to lose their evaluative capabilities.

Answer

Correct Answer: Groupthink

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2. A continuous risk-tracking process can _____.

Answer

Correct Answer: Notice changes in existing risks

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3. Serial Processing means tasks are processed sequentially.

Answer

Correct Answer: True

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4. Parallel Processing means tasks are processed individually.

Answer

Correct Answer: False

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5. ___________ is a reducing or shortening the project schedule by adding additional resources.

Answer

Correct Answer: Crashing

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6. Crash (Compression) Limit is the maximum possible reduction in task duration that can be achieved by adding additional resources.

Answer

Correct Answer: True

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7. An overlapping product design process is known as:

Answer

Correct Answer: Concurrent Engineering

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8. Budget is a document indicating the financial allocations for a proposed project. Budgets can be developed using a _____________ approach.

Answer

Correct Answer: Both

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