Professional Documents
Culture Documents
Mid-Sem Question Paper MGT-41
Mid-Sem Question Paper MGT-41
Part A: All 10 Questions are Compulsory. 1/2 Mark for each Question
a. Making profits
b. Following specifications
c. Satisfying customers
d. Staying within budget, within time constraints, and within scope
2. A project begins with a _______ being presented to a funding entity. This document typically
includes monetary cost and benefit elements as well as nonmonetary factors such as the strategic
justification for the project, expected behavioral impacts, increases in efficiency, service
improvements, competitiveness effects, and so on.
a. project charter
b. business case
c. project description
d. portfolio
6. Which of the following is the most important for success of the project?
7. What should a PM do to ensure adequate resources are available for project success?
a. wasted
b. overtime
c. spent communicating
d. spent planning
a. Reducing conflict and stress between different types of Project Team members by
promoting understanding and appreciation
b. Learning about foreign people and their national customs
c. Keeping employees from different cultures and backgrounds off important project teams to
reduce friction and internal team conflict
d. Taking team members to cultural events to increase appreciation of each other
Part B: Both Questions Compulsory. 6+4 Marks
12. A four-year financial project has net cash flows of $20,000; $25,000; $30,000; and $50,000
in the next four years. It will cost $75,000 to implement the project. If the required rate of return
is 0.2, conduct a discounted cash flow calculation to determine the NPV. What is the Profitability
Index for the project?
13. a) Name and briefly describe the three primary goals of a project. (2 Marks)
b) List the six main characteristics of a project and briefly describe the important
features of each. (3 Marks)
Or
14. a) In what ways may the Work Breakdown Structure (WBS) be used as a key document
to monitor and control a project? (2 Marks)
b) What are the basic steps to design and use the WBS? (3 Marks)