Q. The origins of benchmarking as it is used today go back to which company?
✅ Correct Answer: (C)
Xerox
Project Management MCQs and Notes
Q. What approach is used to compare organisation operations with those of other companies?
✅ Correct Answer: (C)
Benchmarking
Q. For a police department, using competitor performance standards, a competitor might be:
✅ Correct Answer: (D)
All of the above
Q. Which kind of standards are those that are set arbitrarily to reflect some level of performance that is regarded as appropriate or reasonable?
✅ Correct Answer: (B)
Target performance standards
Q. Performance relating to the five operations’ objectives can be plotted on which type of diagram?
✅ Correct Answer: (C)
Polar
Q. Performance measurement is:
✅ Correct Answer: (B)
The process of quantifying action.
Q. Improvement efforts are determined by:
✅ Correct Answer: (D)
All of the above
Q. Which of the following should be taken into account when planning a project?
✅ Correct Answer: (D)
All of the above
Q. At breakeven point there is
✅ Correct Answer: (C)
No profit or loss
Q. The following assumptions are made in case of break even analysis, except
✅ Correct Answer: (B)
All variable costs are fixed