Question 1

_______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment.
A)Project selection
B)Project evaluation
C)Project identification
D)Project segmentation

Accepted Answer

Project identification involves the collection, compilation, and analysis of economic data to find potential investment opportunities.

Question 2

Every project has ____________ basic dimensions.
A)One
B)Two
C)Three
D)Four

Accepted Answer

Every project has three basic dimensions: time, cost, and scope. These are often referred to as the project management triangle or the triple constraint, indicating that changes to any one of these dimensions can affect the others.

Question 3

What are the the 3 basic dimensions of a project?
A)Input, output and process
B)Input, output and materials
C)Input, output and social cost and benefits
D)Input, output and features

Accepted Answer

C

Question 4

_____________ is an important element in the project planning cycle.
A)Project objective
B)Project idea
C)Project identification
D)Project selection

Accepted Answer

The answer of _____________ is an important element in the...

Question 5

_____________ are economical and social in nature.
A)Project objective
B)Project idea
C)Project identification
D)Project selection

Accepted Answer

The answer of _____________ are economical and social in nature.
A)Project...

Question 6

_________________ is the first phase in project life cycle.
A)The introduction phase
B)The pre-investment phase
C)The construction phase
D)The normalisation phase

Accepted Answer

The pre-investment phase is considered the first phase in the project life cycle, where feasibility, analysis, and initial planning are conducted before any significant resources are committed to the project.

Question 7

____________ phase in the project life cycle begin after the investment decision is taken.
A)The post-investment phase
B)The construction phase
C)The normalisation phase
D)The reconstruction phase

Accepted Answer

The answer of ____________ phase in the project life cycle...

Question 8

.The asset created during the construction phase are utilised during the _____________
A)The pre-investment phase
B)The post-investment phase
C)The reconstruction phase
D)The normalisation phase

Accepted Answer

The answer of .The asset created during the construction phase...

Question 9

There are ___________ stages in project life cycle.
A)One
B)Two
C)Three
D)Four

Accepted Answer

The answer of There are ___________ stages in project life...

Question 10

_____________ is the systematic development of a project idea for the eventual objective of arriving an investment decision.
A)Project objective
B)Project identification
C)Project selection
D)Project formulation

Accepted Answer

Project formulation is the process of systematically developing a project idea to reach an investment decision.

Question 11

____________ analysis is primarily concerned with the identification of the project demand potential and the selection of the optimal technology suitable for achieving the project objectives.
A)Feasibility
B)Pre-feasibility
C)Techno-Economic
D)Network

Accepted Answer

Techno-Economic analysis focuses on assessing the technical and economic aspects of a project, including the demand potential and the selection of the most appropriate technology to meet project goals.

Question 12

___________ is the heart of a project.
A)Project idea
B)Project design
C)Project identification
D)Project selection

Accepted Answer

Project design is considered the heart of a project as it outlines the plan, structure, and strategy for achieving the project's objectives.

Question 13

The purpose of financial analysis is to determine __________ of the project.
A)Input feasibility
B)Output feasibility
C)Financial feasibility
D)Cost-benefit feasibility

Accepted Answer

Financial analysis primarily aims to assess the financial feasibility of a project, determining if it is financially viable and sustainable.

Question 14

The inter-relationship between various contituent activities of a project is generally depicted in the form of ____________.
A)Network diagram
B)Project design
C)Feasibility diagram
D)Input diagram

Accepted Answer

Network diagrams are used to visually represent the sequence of tasks and their interdependencies in a project, making it easier to plan and manage the project's activities.

Question 15

_____________ is an investigating process which precedes investment decision.
A)Project idea
B)Project identification
C)Project formulation
D)Project selection

Accepted Answer

The answer of _____________ is an investigating process which precedes...

Question 16

Project formulation and its implementation are the two essential functions of ____________.
A)Project design
B)Project management
C)Project selection
D)Project formulation

Accepted Answer

Project management encompasses a wide range of functions, including the formulation of a project and its implementation. These are key phases in the lifecycle of a project, where formulation involves defining the project's objectives, scope, and structure, and implementation involves executing the planned activities to achieve the project's objectives.

Question 17

_____________ is primarily a scheduling technique.
A)PERT
B)CPM
C)GERT
D)LOB

Accepted Answer

PERT is a scheduling technique that is used to plan and coordinate large projects. It is a network-based technique that uses a graphical representation of the project to identify the critical path and the tasks that are on the critical path.

Question 18

Where individual skills are collectively integrated into a group, this is known as _____________.
A)Collective entrepreneurship
B)Intrapreneurship.
C)Team entrepreneurship
D)Dual innovation.

Accepted Answer

Team entrepreneurship refers to the process where individual skills and talents are integrated and utilized collectively within a group to achieve common goals or to undertake entrepreneurial ventures.

Question 19

Which of the following government actions could contribute to a more entrepreneurial society?
A)Deregulation.
B)Financial start-up.
C)Information and advice.
D)All the above.

Accepted Answer

All the options listed contribute to a more entrepreneurial society. Deregulation can make it easier for new businesses to start and operate, financial support can provide the necessary capital for start-ups, and information and advice can help entrepreneurs navigate the challenges of starting and running a business.

Question 20

.Which of the following is alternatively called corporate venturing?
A)Entrepreneurship.
B)Intrapreneurship.
C)Act of stating a new venture.
D)Offering new products by an existing company.

Accepted Answer

Intrapreneurship refers to the practice within established companies where employees are encouraged to act like entrepreneurs, developing new products, services, or processes as if they were creating their own startup within the larger corporate structure. This is also known as corporate venturing.

Quiz 3: Project Planning and Investment Decision Making

_______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment.

Every project has ____________ basic dimensions.

What are the the 3 basic dimensions of a project?

_____________ is an important element in the project planning cycle.

_____________ are economical and social in nature.

_________________ is the first phase in project life cycle.

____________ phase in the project life cycle begin after the investment decision is taken.

.The asset created during the construction phase are utilised during the _____________

There are ___________ stages in project life cycle.

_____________ is the systematic development of a project idea for the eventual objective of arriving an investment decision.

____________ analysis is primarily concerned with the identification of the project demand potential and the selection of the optimal technology suitable for achieving the project objectives.

___________ is the heart of a project.

The purpose of financial analysis is to determine __________ of the project.

The inter-relationship between various contituent activities of a project is generally depicted in the form of ____________.

_____________ is an investigating process which precedes investment decision.

Project formulation and its implementation are the two essential functions of ____________.

_____________ is primarily a scheduling technique.

Where individual skills are collectively integrated into a group, this is known as _____________.

Which of the following government actions could contribute to a more entrepreneurial society?

.Which of the following is alternatively called corporate venturing?