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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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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 Initiation and Selection MCQs
Project Planning MCQs
Agile Project Management MCQs
Project Content MCQs
Probability and Distribution Functions MCQs
Scheduling a Deterministic Project 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
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