Question: 1- Why is project planning necessary: Select one: a. Maximize risk of problems occurring b. Efficient and minimize utilization of resources c. Basis for evaluating

1-

Why is project planning necessary:

Select one:

a.

Maximize risk of problems occurring

b.

Efficient and minimize utilization of resources

c.

Basis for evaluating progress, controlling the work and making decisions

2-

The critical activities must form a continuous path from project beginning to project end, this chain of critical activities is called:

Select one:

a.

Risk management

b.

Critical path

c.

Management path

3-

It is the schedule variance expressed in percentage terms. SPI = EV/PV. For example, SPI = 0.50 means the project is 50% behind schedule.

Select one:

a.

Schedule Variance (SV)

b.

Schedule Cost Variance (SCV)

c.

Schedule Performance Index (SPI)

4-

Steps to earned value analysis are seven steps , one of the steps is :

Select one:

a.

Determine Present Value (PV)

b.

Determine evaluation Value (EV)

c.

Calculate Schedule Variance (SV)

5-

Soft metrics and hard metrics both are types of :

Select one:

a.

Criteria of monitoring time performance

b.

Criteria of measurement and evaluation of project progress

c.

Criteria of project monitoring information system

6-

Type of planning occurring at the corporate level for achieving the vision of the organization is termed as:

Select one:

a.

Technical planning

b.

Strategic planning

c.

Operational planning

7-

A set of activities directed at an organizations resources (human, financial, physical and informational) with the aim of achieving organizational goals in an efficient and effective manner.

Select one:

a.

Management

b.

Risk management

c.

Engineering

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