Reference no: EM132307829
1. How can we obtain the cost of goods sold information that we need to calculate inventory turns and weeks of supply of an operation?
A. Average the cost of goods sold numbers from four, quarterly balance sheets
B. Read off the cost of goods sold number from end-of-the-year balance sheet
C. Average the cost of goods sold numbers from four, quarterly income statements
D. Read off the cost of goods sold number from end-of-the-year income statement
2. In terms of scope management, successful delivery of end products and services associated with a project are primarily dependent on:
A. The effectiveness of the project plan
B. Capability of the project manager
C. Accurately capturing and understanding stakeholder requirements
D. All of the above
3. A project scope statement should include the following elements except :
A. Project milestones
B. Description of expected high level risks
C. Limits and exclusions
D. A description of technical requirements
4. An activity or technique that can be used by a project manager in defining a project scope statement is ?
A. An expert outside the organisation
B. Conduct a workshop
C. Obtain support from an experienced member of the project staff
D. All the resources mentioned in A, B and C
5. The process that cannot be included under project scope management is:
A. Collecting and defining stakeholder needs
B. Developing a work breakdown structure
C. Obtaining formal acceptance from the key stakeholders on the tasks to be completed
D. Develop the project management plan
6. Project management information systems (PMIS) can be used for:
A. Evaluating project progress
B. Making important decisions related to change requests
C. Developing a work breakdown structure
D. All of the above tasks
7. The project stakeholder who is responsible for protecting the project from external, unforeseen threats and ensures that the project is progressing well is:
A. The project manager
B. The main contractor
C. The external project consultant
D. The project sponsor
8. The specific document that provides the formal authorization to initiate a project is known as:
A. Project scope statement
B. The project charter
C. The contract awarding document
D. The business case