5. A post-project evaluation of a major infrastructure construction project revealed that the primary reason for cost overruns was an increase in steel prices.

Which of the following answers is accurate about the description above?

Select one:

B. The description explains an instance where a project failure can occur due to the influence of external environmental factors

C. Both A and B are true

D. Only B is true

6. Which of the following functions is not typical of a project managers job?

Select one:

A. Managing temporary activities

B. Contributing with in-depth technical knowledge

C. Managing a non-repetitive activity

E. Acting as a direct link to the customer

7. In which stages of a project life cycle the opportunity for adding value, relative to the costs involved, is considered to be at the highest level?

Select one:

A. Conceptualising, defining and planning

B. Defining, Planning and executing

D. Non-of the stages given above

E. Non-of the stages given above

8. Which of the following is NOT a typical characteristic of a project-based undertaking?

Select one:

A. Project use highly specialised labour and equipment

B. Expected outputs of a project are not clear or certain

D. Projects are unique undertakings

9. Which of the following is an example of an input competency a project manager should possess?

Select one:

A. Expertise in subject matter

B. Leaderships traits

C. Demonstrable performance