Project management is an important part of any business. It’s the art of making sure that your project or group of projects run smoothly and efficiently. If you want to improve your project management skills, then take our 10-question quiz, which will give you personalized tips on how to improve your project management skills. This quiz will help you get a better understanding of the world of project management. This blog will look at some of the more popular project management quiz questions.
Let us have a look at the questions of the project management quiz with their answers.
Which of the following is a cost estimating relationship?
a. Mathematical equations based upon regression analysis
b. Cost-quantity relationships
c. Cost-Cost relationships
d. All of the above
Which of the following standard project estimating techniques is usually accomplished in weeks?
Which of the following projects would most likely have reasonably good estimating techniques?
b. R & D
c. Software development
d. New product development
An employee earning $40/hour works in a department where the overhead is 125%. A billable or charge back hour to this department would be:
a. $ 40
b. $ 50
c. $ 90
d. $ 100
If a worker earns $50 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the overhead rate is:
Which of the following is an estimating pitfall?
a. Misinterpretation of the statement of work
b. Inaccurate work breakdown structure
c. Failure to use correct estimating techniques.
d. All of the above
Which of the following components of life cycle costing incurs the largest cost?
a. R & D
c. Operational and Support
Which of the following is generally not part of capital budgeting?
a. Life cycle cost estimating
b. Net present value
c. Internal rate of return
d. Discounted cash flow
An investment of $1000 today invested at 10% for two years will give a future value of:
Risks commonly considered to understand project financing are:
a. Scope risks
b. Organizational risks
c. Investment risks
d. Technical risks