10 Questions
What is a subset of a project consisting of work packages?
Task
What is the overwhelming majority of all projects in terms of size?
Small
What sub-elements of a task need to be accomplished to achieve the objectives of the task?
Work packages
What is the process of evaluating individual projects or groups of projects to achieve the objectives of the parent organization?
Project selection
What pattern is observed during the project life cycle as a result of changing levels of resources used during successive stages of the project life cycle?
Stretched-S
What happens to a company's project net present value (NPV) when the predicted inflation rate decreases (deflation)?
It increases
According to Agile Principles, what is the most efficient and effective method of conveying information within a development team?
Face-to-face conversation
Which of the following benefits have organizations NOT obtained through the adoption of Agile methods?
Less collaboration among stakeholders and team members
Which of the following models fails to consider cash flows obtained once the initial investment has been recovered?
Payback period
What impact does a lower predicted inflation rate have on a company's project NPV?
Increases the NPV
Test your knowledge of project management concepts with this quiz featuring solutions to Assignment 1 by Dr. Ramesh Anbanandam from IITR. Questions cover topics like task subsets, project sizes, sub-elements of tasks, and more.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
