Q) A project is considered successful when _______________.
a) The design meets or exceeds the expectations of stakeholders
b) The product of the project was carried out
c) The project sponsor announces the completion of the project
d) None of the above
Q) Which of the following is not an input into organizational planning?
a) recruitment practices
b) Project interfaces
c) staffing needs
Q) Which of the following statements is true on pure risk?
a) The risk can be diverted or transferred to another party through a contract or insurance policy.
b) Pure risks involve the possibility of both a profit and a loss.
c) No opportunities are associated with pure risk, only losses.
d) Botn A and C are correct.
Q) Which of the following statements is false about the Rolling Wave plan?
a) Wave rolling Planning is a gradual iterative project development approach. b) Wave rolling planning is a technical costs and time schedule used in the definition of the business process. c) Rolling wave planning is the process of decomposition of each work package within the WBS in the corresponding planned activities needed to produce the final results of the work package. d) Wave rolling Planning describes a form of planning progressive elaboration where the work to be done in time almost is provided in detail at a low level of the WBS, while by far the job, in the future, is planned for WBS components that are relatively to a high level of WBS.
Q) The normal risk of doing business that offers opportunities for both the gain and loss is called _______________.
a) favorable risk
b) opportunities Risk
c) pure risk
d) business risk