41. Which of the following is a tool used to secure expert judgment?
a. Peer Review
b. Expected value technique
c. Delphi Technique
d. Work Breakdown Structure (WBS)
42. The scientific and technological inventions in the production of various goods and services did not result in
a. Mass production due to anticipation of demand
b. Advent of corporate form of org, which led to large scale production
c. Spectacular improvements in the transport and communication facilities
d. Decrease in competition for markets
43. There is evidence that companies that engaged in formal planning consistently performed……. Those with none or limited formal planning
a. Better than
b. Worse than
c. Similar to
d. Poorly than
44. Why should the line function and the staff function be kept separate?
a. The overlapping of these functions results in ambiguity
b. Organizations do not have any mechanism to handle such complex tasks
c. Precise division of work facilitates specialization
d. This will place the decision making power near the actual operations
45. …………….. are open ended statements of purpose which help describe an organization’s philosophy
a. Visions
b. Missions
c. Protocols
d. Declarations
46. Which one of these is not a main pillar on which the classical approach is based a. Bureaucracy
b. Psychological theory
c. Scientific management
d. Administrative theory
47. Who coined the word PODSCORB
a. Luther guelick
b. Henry fayol
c. F W taylor
d. Peter drucker
48. An organization should be ……… because it is easier to manage and it should be….. because it can quickly adapt to changing conditions
a. Complex; rigid
b. Simple; flexible
c. Functional; operational
d. Dynamic; hierarchical
49. Which of these about planning is not correct?
a. It is anticipatory in nature
b. It is system of decision
c. It increases the risk of uncertainties
d. It is focused on desired future results
50. Which of these statements about organizing in not correct?
a. It requires a formal structure of authority
b. The flow of direction of authority is well defined
c. It determines the activities to be done in order to achieve the organizational goals
d. It is future oriented
51. What does ROI stand for?
a. reverse on interest
b. return on investment
c. renege on involvement
52. A Project Proposal is a
a. high level plan
b. minor description
c. verbal contract
53. A project concept is the idea or the reason that the project is deemed necessary
a. true
b. false
54. Valuable companies frown on the use of brainstorming techniques to come up with concepts for projects
a. true
b. false
55. What does RFI generally stand for
a. realize future investments
b. release for internet
c. request for information
56. What does RFP generally stand for?
a. remember future profit
b. request for proposal
c. request for proof
57. What does RFQ generally stand for?
a. request for quotation
b. request for quality
c. reach for quality
58. Hardware projects are generally less complex than software projects due to the use of standard components
a. true
b. false
59. Which one of the below items is NOT a phase in the hardware and software life cycle?
a. planning
b. development
c. hiring
d. designing
60. Two of the main factors involved in project planning are
a. resources and scope
b. financing and resources
c. support and scope
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