Direction: Given below are questions for discussion and simple analysis requiring some explanations. Answer each one of them and do what are required.

1. The selection criteria is based upon the recommendation taken from the models of Payback and Net Present Value is known non-financial model

TRUE

FALSE

2. The projects that are unlikely to succeed, and would not be worth much if they do succeed; low value expenditure of valuable resources, though sometimes mandated is known as Pearls Project.

TRUE

FALSE

3. The relationship of the final deliverable (the project) to its sub-deliverables, and in turn, their relationships to work packages is known as Organizational breakdown structure.

TRUE

FALSE

4. Linear Responsibility Chart is also known as Responsibility Matrices.

TRUE

FALSE

5. In Organizational breakdown structure , it provides the frame work to summarize organization work unit performance

TRUE

FALSE

6. What is the impact of not doing this project, is the component of:

A. FINANCIAL MODEL

B. NON FINANCIAL MODEL

C. MULTI-WEIGHTED SCORING MODEL

D. NONE OF THE ABOVE

7. Project Scope Statements is also known as

A. Project Objective

B. Project Statement of Work

C. Project Scope Creep

D. None of the above

8. The Limitations or tendency for the project scope to expand over time due to changing requirements, specifications, and priorities is known as

A. Project Limitations

B. Project Charter

C. Project trade off

D. Project scope creep

9. The project manager helps in the development of the organization breakdown structure (OBS) which assigns project responsibilities to organizational units and individuals in:

A. Organizational Break down structure (OBS)

B. Project Strategic Management (PSM)

C. Project Work Break down structure (PWBS)

D. Project Schedule network

10. The extent or type of authority that can be exercised by each participant clarifies in:

A. Project Work break down structure

B. Project Organizational structure

C. Project Responsibility Matrix

D. Project Schedule management