AUI4862 EXAM PACK 2024 QUESTIONS AND ANSWERS AND RATIONALES
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Course
AUI4862
Institution
AUI4862
AUI4862 EXAM PACK 2024 QUESTIONS AND
ANSWERS
AUI4862 MCQs with rationales
1. What is the primary purpose of a project charter?
o A) To outline the project's budget
o B) To formally authorize the project and define its objectives
o C) To list all project team members
o D) To develop the proj...
1. What is the primary purpose of a project charter?
o A) To outline the project's budget
o B) To formally authorize the project and define its objectives
o C) To list all project team members
o D) To develop the project schedule
Answer: B) To formally authorize the project and define its objectives
Rationale: The project charter is essential for establishing the project’s existence
and setting clear goals.
2. Which of the following is a key component of a project management plan?
o A) Communication strategy
o B) SWOT analysis
o C) Financial statement
o D) Employee directory
Answer: A) Communication strategy
Rationale: A communication strategy is critical for ensuring all stakeholders are
informed and engaged throughout the project.
3. What does the term 'scope creep' refer to?
o A) Increasing project costs
o B) Unauthorized changes to project scope
o C) Completing tasks ahead of schedule
o D) Documenting project requirements
Answer: B) Unauthorized changes to project scope
Rationale: Scope creep can lead to project delays and budget overruns, making it
essential to manage changes carefully.
4. Which project management methodology emphasizes iterative development?
o A) Waterfall
o B) Agile
o C) PRINCE2
o D) Six Sigma
Answer: B) Agile
Rationale: Agile methodology focuses on iterative development and continuous
feedback to improve project outcomes.
5. What is a Gantt chart primarily used for?
o A) Budget tracking
o B) Scheduling project tasks
o C) Risk management
, o D) Quality control
Answer: B) Scheduling project tasks
Rationale: A Gantt chart visually represents project timelines and task durations,
aiding in scheduling.
6. Which of the following is NOT a project constraint?
o A) Scope
o B) Time
o C) Quality
o D) Revenue
Answer: D) Revenue
Rationale: While revenue can be a goal, it is not considered a primary constraint
like scope, time, and quality.
7. What is the purpose of a stakeholder analysis?
o A) To develop the project budget
o B) To identify and assess the influence of stakeholders
o C) To finalize project deliverables
o D) To allocate resources
Answer: B) To identify and assess the influence of stakeholders
Rationale: Stakeholder analysis helps project managers understand who will be
affected by the project and their level of influence.
8. Which of the following best describes a risk management plan?
o A) A detailed project schedule
o B) A strategy for identifying and mitigating risks
o C) A financial overview of the project
o D) A report on team performance
Answer: B) A strategy for identifying and mitigating risks
Rationale: A risk management plan outlines potential risks and strategies for
managing them effectively.
9. What does the acronym 'SMART' stand for in goal setting?
o A) Specific, Measurable, Achievable, Relevant, Time-bound
o B) Simple, Manageable, Applicable, Realistic, Time-sensitive
o C) Strategic, Marketable, Achievable, Realistic, Timely
o D) Specific, Marketable, Actionable, Relevant, Tangible
Answer: A) Specific, Measurable, Achievable, Relevant, Time-bound
Rationale: SMART goals provide a clear framework for setting effective project
objectives.
10. What is the main role of a project sponsor?
o A) To manage day-to-day project activities
o B) To provide financial resources and support project success
o C) To create project schedules
o D) To handle stakeholder communications
Answer: B) To provide financial resources and support project success
Rationale: The project sponsor is responsible for ensuring the project receives the
necessary resources and support.
11. What is a work breakdown structure (WBS)?
o A) A project schedule
, o B) A detailed budget report
o C) A hierarchical decomposition of project deliverables
o D) A communication plan
Answer: C) A hierarchical decomposition of project deliverables
Rationale: A WBS breaks down project tasks into manageable components,
making it easier to plan and execute.
12. Which of the following is a qualitative risk assessment technique?
o A) Probability and impact matrix
o B) Monte Carlo simulation
o C) Decision tree analysis
o D) Cost-benefit analysis
Answer: A) Probability and impact matrix
Rationale: A probability and impact matrix evaluates risks based on their
likelihood and potential effects.
13. What does 'earned value management' (EVM) measure?
o A) Project scope
o B) Project performance and progress
o C) Stakeholder engagement
o D) Resource allocation
Answer: B) Project performance and progress
Rationale: EVM integrates cost, schedule, and scope to assess overall project
performance.
14. Which document outlines how project changes will be managed?
o A) Change control plan
o B) Communication plan
o C) Risk management plan
o D) Project charter
Answer: A) Change control plan
Rationale: A change control plan specifies procedures for managing and
approving project changes.
15. What is a key advantage of using a project management software tool?
o A) Increased project duration
o B) Enhanced collaboration and tracking
o C) Reduced need for planning
o D) Simplified reporting
Answer: B) Enhanced collaboration and tracking
Rationale: Project management software facilitates better communication and
allows for real-time tracking of project progress.
16. What is the primary focus of quality management in projects?
o A) Cost reduction
o B) Customer satisfaction
o C) Team performance
o D) Risk mitigation
Answer: B) Customer satisfaction
Rationale: Quality management ensures that the project's deliverables meet or
exceed customer expectations.
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