Welcome to the Project Planning and Control MCQs Page

Dive deep into the fascinating world of Project Planning and Control with our comprehensive set of Multiple-Choice Questions (MCQs). This page is dedicated to exploring the fundamental concepts and intricacies of Project Planning and Control, a crucial aspect of Software Engineering. In this section, you will encounter a diverse range of MCQs that cover various aspects of Project Planning and Control, from the basic principles to advanced topics. Each question is thoughtfully crafted to challenge your knowledge and deepen your understanding of this critical subcategory within Software Engineering.

Check out the MCQs below to embark on an enriching journey through Project Planning and Control. Test your knowledge, expand your horizons, and solidify your grasp on this vital area of Software Engineering.

Note: Each MCQ comes with multiple answer choices. Select the most appropriate option and test your understanding of Project Planning and Control. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

Project Planning and Control MCQs | Page 8 of 11

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Risk Management

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Q71.

What is the risk exposure for a given risk factor?

The probability that the risk will occur

The effect of the risk on the project

The probability multiplied by the effect (p*E)

The cost of avoiding the risk

Discuss

Answer: (c).The probability multiplied by the effect (p*E) Explanation:The risk exposure is a measure of the potential impact of a risk factor on the project. It is calculated by multiplying the probability of the risk occurring (p) by the potential impact or effect of the risk (E) on the project. This gives an overall measure of the potential risk to the project.

Q72.

How is risk management a cyclic process?

Risk factors must be monitored and re-evaluated regularly

Risks are handled by re-assessing the project, invoking a contingency plan, or transferring to crisis mode

Both A and B

None of the above

Discuss

Answer: (c).Both A and B Explanation:Risk management is a cyclic process because it involves a series of steps that are repeated over the course of a project. These steps include identifying and assessing risks, developing strategies to mitigate or avoid risks, monitoring and controlling risks, and evaluating the effectiveness of risk management activities. This cyclic process allows for the ongoing identification, analysis and management of risks throughout the project.

Q73.

Which of the following categories of risks have the most impact on project outcomes, according to a study by Wallace and Keil (2004)?

Risks related to customers and users (C1)

Risks related to the scope and requirements of the project (C2)

Risks related to the execution of the project (C3)

Both b and c

Discuss

Answer: (d).Both b and c Explanation:From a study of a large number of projects, Wallace and Keil (2004) found that risk categories C2 and C3 affect project outcomes most. They also found that execution risks (C3) are much more important in explaining process outcome that scope or requirements risks.

Q74.

What is the suggested ordering of risks that managers should pay attention to, according to Wallace and Keil's study?

C4, C1, C2, C3

C1, C4, C3, C2

C3, C2, C4, C1

C2, C3, C1, C4

Discuss

Answer: (c).C3, C2, C4, C1 Explanation:The study suggests that managers should pay attention to execution risks (C3) first, followed by scope and requirements risks (C2) and then environmental risks (C4) and customer/user risks (C1).

Q75.

What is the advice given by Tom Gilb in regards to managing risks?

"Be passive and let the risks take over"

"Ignore the risks, they will take care of themselves"

"If you don't actively attack the risks, they will actively attack you"

"Risks are not important, don't worry about them"

Discuss

Answer: (c)."If you don't actively attack the risks, they will actively attack you" Explanation:Tom Gilb says: ‘If you don’t actively attack the risks, they will actively attack you’ (Gilb, 1988, p. 72).

Q76.

Which of the following risks can be mitigated through an agile approach?

Risks related to the execution of the project (C3)

Risks related to changes in the environment (C4)

Risks related to customers and users (C1)

Risks related to the scope and requirements of the project (C2)

Discuss

Answer: (c).Risks related to customers and users (C1) Explanation:Risks related to customers and users (C1) can be mitigated through an agile approach.

Q77.

What is a work breakdown structure (WBS)?

A project management tool used for effective planning and control

A graphical representation of a project and its activities

A deliverable produced at the end of an activity

A method for expressing constraints between activities

Discuss

Answer: (b).A graphical representation of a project and its activities Explanation:A work breakdown structure (WBS) is a graphical representation of a project and its activities, which reflects the decomposition of a project into subtasks down to a level needed for effective planning and control.

Q78.

What is a milestone in a project?

A scheduled event for which some person is held accountable

A deliverable produced at the end of an activity

A resource consumed during an activity

A constraint expressed between activities

Discuss

Answer: (a).A scheduled event for which some person is held accountable Explanation:A milestone in a project is a scheduled event for which some person is held accountable and which is used to measure and control progress.

Q79.

What is the purpose of project planning?

To schedule all activities such that the constraints are satisfied and resource limits are not exceeded

To graphically depict the project and its activities

To measure and control progress

To express constraints between activities

Discuss

Answer: (a).To schedule all activities such that the constraints are satisfied and resource limits are not exceeded Explanation:The purpose of project planning is to schedule all activities such that the constraints are satisfied and resource limits are not exceeded.

Q80.

What is the purpose of a work breakdown structure (WBS)?

To reflect the decomposition of a project into subtasks for effective planning and control

To indicate the beginning and end of each activity

To depict the project and its constituent activities graphically

To measure and control progress through milestones

Discuss

Answer: (a).To reflect the decomposition of a project into subtasks for effective planning and control Explanation:The WBS reflects the decomposition of a project into subtasks down to a level needed for effective planning and control.

Page 8 of 11

Welcome to the Project Planning and Control MCQs Page

Project Planning and Control MCQs | Page 8 of 11

Explore more Topics under Software Engineering

Basics

Software Life Cycle Models

Requirements Modeling

Software Design Concepts

Software Components

Quality Management

Software Metrics

Software Testing

Software Management

Risk Management

Software Reliability

Advanced Software Engineering

People Management and Team Organization

Cost Estimation

Requirements Engineering

Modeling

Software Architecture

Software Maintenance

Software Tools

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