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PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
,9/5/24, 10:20 AM Assessment 4
PRM3701-24-S2 Welcome Message Assessment 4
QUIZ
Question 1
Not yet answered
Marked out of 1.00
Which of the following activities is the best example of a project?
a. Processing insurance claims
b. Producing automobiles
c. Writing a policy manual
d. Monitoring product quality
e. Overseeing customer requests
Clear my choice
Question 2
Not yet answered
Marked out of 1.00
In project life cycle stages, the design team might plan a major commitment of resources in the defining stage, while the
quality team would expect their major effort to increase in the latter stages of the project life cycle. As the number of small
projects increase within an organization's portfolio, what is a challenge an organization faces?
a. Sharing resources
b. Measuring efficiency
c. Managing risk
d. Prioritizing projects
e. All of these are challenges
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 1/10
,9/5/24, 10:20 AM Assessment 4
Question 3
Not yet answered
Marked out of 1.00
Jim has been tasked to set up a kiosk for a professional accounting meeting. Which of these choices below enables him to
decide if this is a project or day to day work?
a. An established objective
b. A clear beginning and end
c. Specific time, cost and performance requirements
d. For internal use
e. Option 1,2 and 3 are correct
Clear my choice
Question 4
Answer saved
Marked out of 1.00
You have been the project manager for the building a new bridge. In which stage of the project life cycle are you more likely to
find status reports, changes, and the creation of forecasts?
a. Identifying
b. Defining
c. Planning
d. Executing
e. Closing
Clear my choice
Question 5
Answer saved
Marked out of 1.00
In order to formulate strategies that align with the mission, some of the activities the organization will need to perform are
a. assess internal strengths and weaknesses.
b. analyze competitors.
c. examine the external environment.
d. know their core competencies.
e. All of these should be considered when formulating strategies.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 2/10
, 9/5/24, 10:20 AM Assessment 4
Question 6
Not yet answered
Marked out of 1.00
When creating a selection model, it is important to
a. make it mathematically complex so it cannot be "gamed".
b. not use it as the final determination for project selection.
c. assure the objectivity of the model.
d. make certain the units used in the model are not inconsistent.
e. keep it secret from those submitting project proposals.
Clear my choice
Question 7
Not yet answered
Marked out of 1.00
An operational project is one that
a. must be completed.
b. supports an organizations’ long-run mission.
c. can improve organizational performance.
d. is completed to meet regulatory compliance.
e. always is extremely relevant to the strategic vision of the organization.
Clear my choice
Question 8
Not yet answered
Marked out of 1.00
The __________ financial model measures the current value of all cash inflows using management's minimum desired rate of
return.
a. CABB
b. ARR
c. IRS
d. PMI
e. None of these alternatives are correct
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 3/10
