Enhance your Project Management and Contract Administration exam preparedness with our comprehensive MCQ practice set 3rd and quiz. Test your knowledge, master key concepts, and boost your confidence for success. Get ready to excel in your studies with expertly crafted questions. Start practicing today!
Q81. What is the significance of a project plan? Ans: C) Documenting parameters impacting the project
A) Communicating with clients
B) Establishing communication channels
C) Documenting parameters impacting the project
D) Identifying critical path activities
Answer
Q82. What is the primary focus of the actions to be taken during project initiation? Ans: C) Establishing communication channels
A) Managing project resources
B) Finalizing the project budget
C) Establishing communication channels
D) Determining project milestones
Answer
Q83. What does the term “Project Plan” encompass? Ans: C) Documentation of parameters impacting the project
A) Communication with clients
B) Execution of critical path activities
C) Documentation of parameters impacting the project
D) Determining procurement processes
Answer
Q84. Which activity involves identifying critical path activities? Ans: C) Drawing up project master schedule
A) Procurement planning
B) Communication establishment
C) Drawing up project master schedule
D) Review of engineering activities
Answer
Q85. What is the role of communication channels in project management? Ans: C) Transmitting messages to the intended audience
A) Finalizing the project budget
B) Managing project risks
C) Transmitting messages to the intended audience
D) Determining procurement processes
Answer
Q86. What is the purpose of the procurement process? Ans: D) Obtaining goods and services for the project
A) Documenting project parameters
B) Communicating with the client
C) Establishing communication channels
D) Obtaining goods and services for the project
Answer
Q87. What is the primary objective of drawing up a project master schedule? Ans: C) Identifying critical path activities
A) Establishing communication channels
B) Managing project risks
C) Identifying critical path activities
D) Determining project budget
Answer
Q88. What is the importance of reviewing a project estimate during the initiation stage? Ans: B) To assess the potential accuracy of the estimate
A) To finalize the project budget
B) To assess the potential accuracy of the estimate
C) To determine project milestones
D) To establish communication channels
Answer
Q89. What can affect the detail and accuracy of an early project estimate? Ans: D) Extent of work put into the proposal
A) Contract award
B) Project initiation stage
C) Project manager’s experience
D) Extent of work put into the proposal
Answer
Q90. What is the role of the project procurement manager during the project initiation stage? Ans: D) Developing the procurement plan
A) Determining project milestones
B) Preparing the construction plan
C) Finalizing the project budget
D) Developing the procurement plan
Answer
Q91. What does the term “Feedstock” refer to? Ans: B) Raw material for industrial processes
A) The procurement philosophy
B) Raw material for industrial processes
C) Detailed project estimate
D) Project initiation stage
Answer
Q92. Which plan is prepared by the project construction manager during the project initiation phase? Ans: D) Construction Plan
A) Procurement Plan
B) Engineering Plan
C) Project Plan
D) Construction Plan
Answer
Q93. What does the procurement plan establish for the project? Ans: C) Procurement philosophy
A) Project estimate accuracy
B) Communication channels
C) Procurement philosophy
D) Project milestones
Answer
Q94. What is the focus of the project procurement manager’s first task during the initiation stage? Ans: D) Creating the procurement plan
A) Reviewing project estimates
B) Preparing the engineering plan
C) Developing the project plan
D) Creating the procurement plan
Answer
Q95. Which term refers to the initial estimation of a project’s scope of work? Ans: C) Preliminary Estimate
A) Engineering Plan
B) Feedstock
C) Preliminary Estimate
D) Procurement Plan
Answer
Q96. What is the primary goal of the project construction manager’s role during project initiation? Ans: C) Preparing the construction plan
A) Developing the procurement plan
B) Assessing project estimate accuracy
C) Preparing the construction plan
D) Finalizing the project budget
Answer
Q97. What is the key outcome of the project procurement manager’s role in the initiation stage? Ans: B) Procurement philosophy
A) Detailed project estimate
B) Procurement philosophy
C) Project milestones
D) Communication channels
Answer
Q98. What does the engineering plan prepared by the project engineering manager focus on? Ans: C) Engineering aspects of the project plan
A) Project milestones
B) Raw materials
C) Engineering aspects of the project plan
D) Construction processes
Answer
Q99. Which term describes the plan that expands on the project plan in areas related to engineering? Ans: C) Engineering Plan
A) Procurement Plan
B) Construction Plan
C) Engineering Plan
D) Project Estimate
Answer
Q100. What is the primary purpose of the project initiation stage? Ans: B) Assessing project estimate accuracy
A) Finalizing the project budget
B) Assessing project estimate accuracy
C) Establishing communication channels
D) Developing the procurement plan
Answer
Q101. What is the primary objective of project scheduling? Ans: D) Completing project objectives on time
A) Identifying project milestones
B) Organizing project activities
C) Allocating project resources
D) Completing project objectives on time
Answer
Q102. What is the third phase of the project management process, where plans are put into action? Ans: C) Project Execution
A) Project Initiation
B) Project Planning
C) Project Execution
D) Project Monitoring
Answer
Q103. What is the main goal of integrating individual schedules for engineering, procurement, and construction? Ans: C) Developing a realistic project schedule
A) Identifying project milestones
B) Allocating project resources
C) Developing a realistic project schedule
D) Managing project risks
Answer
Q104. What is the initial step in the procurement cycle? Ans: D) Identifying items for procurement
A) Receiving the ordered items
B) Generating a requisition
C) Awarding the purchase order
D) Identifying items for procurement
Answer
Q105. What does the term “Man Hour” refer to? Ans: A) The unit of time-phased work
A) The unit of time-phased work
B) The total project duration
C) The total work effort of a project
D) The hours worked by all team members
Answer
Q106. Which phase of the project management process involves time-phasing the required activities? Ans: D) Project Scheduling
A) Project Initiation
B) Project Planning
C) Project Execution
D) Project Scheduling
Answer
Q107. What is the project execution phase responsible for? Ans: D) Putting plans into action
A) Developing project plans
B) Allocating project resources
C) Identifying project milestones
D) Putting plans into action
Answer
Q108. What is the primary purpose of the procurement cycle? Ans: B) Replenishing stock in a distribution center
A) Awarding purchase orders
B) Replenishing stock in a distribution center
C) Generating requisitions
D) Identifying required quantities
Answer
Q109. What is the main objective of integrating schedules for different project phases? Ans: C) Developing a realistic project schedule
A) Allocating manpower
B) Identifying procurement needs
C) Developing a realistic project schedule
D) Setting project milestones
Answer
Q110. What is the focus of the project execution phase? Ans: A) Allocating project resources
A) Allocating project resources
B) Identifying project milestones
C) Time-phasing project activities
D) Finalizing project estimates
Answer
Q111. What is the ultimate goal of project scheduling? Ans: C) Completing project objectives on time
A) Managing procurement needs
B) Allocating project resources
C) Completing project objectives on time
D) Identifying project milestones
Answer
Q112. What is the primary purpose of the procurement cycle’s initial step? Ans: C) Identifying items for procurement
A) Receiving the ordered items
B) Generating a requisition
C) Identifying items for procurement
D) Awarding purchase orders
Answer
Q113. What does the term “Project Scheduling” involve? Ans: C) Organizing and time-phasing project activities
A) Allocating project resources
B) Identifying project milestones
C) Organizing and time-phasing project activities
D) Setting up communication channels
Answer
Q114. Which method is commonly used for preparing project schedules and is characterized by its simplicity? Ans: C) Bar Charts
A) CPM
B) PERT
C) Bar Charts
D) Crashing
Answer
Q115. Who developed the Critical Path Method (CPM)? Ans: B) Dupont Company
A) U.S. Navy
B) Dupont Company
C) Polaris Atomic Submarine Project
D) Research team for PERT
Answer
Q116. What was the main objective of developing CPM by the Dupont Company? Ans: C) To minimize total project cost
A) To perform routine plant overhaul
B) To reduce project communication time
C) To minimize total project cost
D) To improve project presentation
Answer
Q117. What does PERT stand for? Ans: C) Program Evaluation and Review Technique
A) Project Evaluation and Review Technique
B) Project Execution and Resource Tracking
C) Program Evaluation and Review Technique
D) Program Execution and Resource Tracking
Answer
Q118. When was PERT developed? Ans: A) 1957-59
A) 1957-59
B) 1960-62
C) 1970-72
D) 1980-82
Answer
Q119. What was the primary purpose of developing PERT for the Polaris Atomic Submarine Project? Ans: D) Management control of project time
A) Reducing project costs
B) Improving communication techniques
C) Simplifying project schedules
D) Management control of project time
Answer
Q120. Which project management technique shows the time taken by each component of a project and the total time required for its completion? Ans: C) PERT
A) Bar Charts
B) CPM
C) PERT
D) Crashing
Answer
