WHICH OF THE FOLLOWING IS A DIFFERENCE BETWEEN PROJECTS AND OPERATIONS?

Question 1. Project _____ management ensures that the project will satisfy the stated or implied needs for which it was undertaken.

 

Select one:

 

1. Time
2. Quality
3. Risk
4. Cost

 

Question 2. Which of the following is a difference between projects and operations?

 

Select one:

 

1. Operations are undertaken to create unique products, services, or results whereas projects are not.
2. Projects are undertaken to sustain an organization`s business whereas operations are not.
3. Projects are temporary endeavors whereas an organization`s operations are ongoing in nature.
4. Operations have well-defined objectives whereas projects do not need to have a unique purpose.

 

Question 3. Enterprise project management softwares are also known as _____ tools of project management software.

 

Select one:

 

1. Baseline
2. High-end
3. Low-end
4. Midrange

 

Question 4. Which of the following project management knowledge areas is an overarching function that affects and is affected by the different knowledge areas?

 

Select one:

 

1. Project cost management
2. Project integration management
3. Project stakeholder management
4. Project communications management

 

Question 5. In which of the following areas of management is payback analysis most likely to be used?

 

Select one:

 

1. Human resource
2. Quality
3. Communication
4. Cost

 

Question 6. Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies eco-friendly tiles. Which of the following constraints is Galaxy currently facing?

 

Select one:

 

1. Cost
2. Resources
3. Scope
4. Time