Q. The basic nature of a project is a/an _____ one.
✅ Correct Answer: (B)
temporary
Project Management MCQs and Notes
Q. Assembling project team and assigning their responsibilities are done during which phase of a project management?
✅ Correct Answer: (A)
Initiation
Q. A ____________ is a temporary endeavor undertaken to create a unique product service or result.
✅ Correct Answer: (D)
Project
Q. What is associated with product risk?
✅ Correct Answer: (D)
Test object
Q. Risk management is responsibility of the
✅ Correct Answer: (D)
Project team
Q. Which of the following is not a tool or technique used during the Risk Quantification Process?
✅ Correct Answer: (B)
Contingency planning
Q. Reserve analysis is NOT a Tool/Technique in which of the following processes?
✅ Correct Answer: (D)
Activity Resource Estimation
Q. Risk Management Plan may include
✅ Correct Answer: (A)
Budgeting, Timing, Thresholds, Methodology
Q. You have just completed Qualitative Risk Analysis of the project. What should you be doing next?
✅ Correct Answer: (B)
Perform Quantitative Risk Analysis
Q. Supplier risk is highest with ___________.
✅ Correct Answer: (C)
Firm fixed price contract.