Q. There are ___________ stages in project life cycle.
✅ Correct Answer: (C)
Three
Entrepreneurship and Project Management MCQs and Notes
Q. .The asset created during the construction phase are utilised during the _____________
✅ Correct Answer: (D)
The normalisation phase
Q. ____________ phase in the project life cycle begin after the investment decision is taken.
✅ Correct Answer: (B)
The construction phase
Q. _________________ is the first phase in project life cycle.
✅ Correct Answer: (B)
The pre-investment phase
Q. _____________ are economical and social in nature.
✅ Correct Answer: (A)
Project objective
Q. _____________ is an important element in the project planning cycle.
✅ Correct Answer: (A)
Project objective
Q. What are the the 3 basic dimensions of a project?
✅ Correct Answer: (C)
Input, output and social cost and benefits
Q. Every project has ____________ basic dimensions.
✅ Correct Answer: (C)
Three
Q. _______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment.
✅ Correct Answer: (C)
Project identification
Q. A person who managed large project was termed as the entrepreneur in the _________.
✅ Correct Answer: (B)
Middle ages.