[Week 1] NPTEL Project management for managers Assignment Answer 2024

NPTEL Project Management For Managers Week 1 Assignment Answers 2024

1. What is a project?

• It is a physical object
• It has the end result
• It is not a physical object, nor it is the end result
• None of the above

Answer :- For Answer Click Here

2. What are the characteristics of a project?

A. Human and non-human resources
B. Temporary organization
C. Permanent organization
D. Specific purpose
E. General purpose

• a, b, and d
• a, b, and e
• a, c, and d
• a, c, and e

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3. A project is a _________ endeavor undertaken to create a ____ product, service or result.

• temporary, general
• permanent, unique
• temporary, unique
• permanent, general

Answer :- 

4. Conditions exhibited by the project include
A. Unique
B. General
C. Finite
D. Infinite
E. Complex
F. Simple
G. Heterogeneous
H. Non-Heterogeneous
I. Non-repetitive
J. Repetitive

• b,d,f,h, and j
• a,c,e,g, and i
• a,b,d,c and j
• None of the above

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5. What is the full form of “SMART” related to project management?

• Specific, Measurable, Attention, Real, and Time-limited
• Specific, Measurable, Attainable, Realistic, and Time-unlimited
• Specific, Measurable, Attainable, Realistic, and Time-limited
• None of the above

Answer :- 

6. What are the factors that differentiate a project from a process
A. One objective
B. More heterogeneous
C. On-going
D. Support status quo

• a and b
• a and c
• b and c
• a and d

Answer :- 

7. What are the different factors that distinguish operation management from project management?
A. Non-repetitive
B. Repetitive
C. No revenue
D. Revenue
E. High-Risk
F. Low-Risk

• a, c and f
• b, d and f
• a, d and e
• a, c and e

Answer :- For Answer Click Here

8. What are the determinants of project success?

• Cost
• Performance
• Time
• All of the above

Answer :- 

9. Key indicators of IT project success include:
A. system quality
B. Information quality
C. Use
D. User satisfaction
E. Individual impact
F. Organizational impact

• a, c and e
• b, c, d, and e
• a, c, d, e and f
• All of the above

Answer :- 

10. What are the benefits of project management for an organization?
A. Improved efficiency
B. Reduce profit
C. Increase waste
D. Reduce waste
E. Improve effectiveness

• a, d and e
• a, b, d and e
• b, c and e
• a, b and e

Answer :- For Answer Click Here

NPTEL Project Management For Managers Week 4 Assignment Answers 2023

1. Which of the following is not a discounted capital budgeting technique?

1.  Discounted PBP
2.  Profitability index
3.  ARR
4.  NPV

Answer :-For Answer Click Here

2. Internal Rate of return (IRR) is the discounting rate in which Net Present value (NPV) is equal to _.

1. 0
2. 1
3. 2
4. 3

Answer :- For Answer Click Here

3. Which of the following statement is false about ARR method?

1. It takes into account accounting profits
2. It considers time value of money
3. Cut off rate is chosen by management
4. The concept of average investment and average earnings differ widely

Answer :- For Answer Click Here

4. Mr X wants to receive 120,000 every year for next 10 years (starting from next year from now). How much money should he deposit now? The interest rate is 10%.

1. 637400
2. 737400
3. 837400
4. 937400

Answer :- 

5. Calculate the net present value of a project which requires an initial investment of $243,000 and it is expected to generate a cash inflow of $50,000 each month for 12 months. Assume that the salvage value of the project is zero. The target rate of return is 12% per annum.

1. $ 391754
2. $ 301000
3. $ 197543
4. $ 319754

Answer :- 

6. The first public offering of equity shares of a company, which is followed by a listing of its shares on the stock market is called?

1.  IPO
2.  BPO
3.  IOP
4.  EPO

Answer :- 

7. The first public offering of equity shares of a company, which is followed by a listing of its shares on the stock market is called?

1.  IPO
2.  BPO
3.  IOP
4.  EPO

Answer :- 

8. Which of the following is not a key factor for determining the debt-equity ratio for a project?

1. Cost
2. Nature of assets
3. Business risk
4. Price elasticity

Answer :- 

9. Who are the owners of a company?

1.  Creditors
2.  Equity Shareholders
3.  Managers
4.  Debenture holders

Answer :- 

10. Which of the following is not true about Net present Value (NPV)?

1.  It considers all cash flows
2.  It considers time value of money
3.  It considers risk factors
4.  It allows expected changes in cost of capital

Answer :-

NPTEL Project Management For Managers Week 3 Assignment Answers 2023

1. Which one of the following is not an MCDM technique?

1.  AHP
2.  SMART
3.  PERT
4.  TOPSIS

Answer :- For Answer Click Here

2. In order to get a “feel” of the relationship between the product and its market, the project analyst may informally talk to customers, competitors, middlemen, and others in the industry. This is a ___________________ analysis?

1.  Demand Analysis
2.  Situational Analysis
3.  Customer Analysis
4.  Product Analysis

Answer :-

3. In TOPSIS, how are the alternatives ranked?

1.  Based on their proximity to the ideal solution and their distance from the negative ideal solution
2.  Based on their random assignment of ranks
3.  Based on their alphabetical order
4.  Based on their initial order in the dataset

Answer :- 

4. How normalized score is calculated in TOPSIS method?

1. Rij=xij/(Σx2ij)
2. Rij=xij/(Σxij)
3. Rij=xij/(Σx3ij)
4. Rij=xij/(Σx4ij)

Answer :- For Answer Click Here

5. Which of the following is not a quantitative forecasting method?

1.  Trend projection
2.  Exponential smoothing
3.  Delphi
4.  Moving Average

Answer :- 

6. Which of the following is not related to Information sought in market survey?

1.  Total demand
2.  Price elasticities
3.  Purchasing plans
4.  Production schedule

Answer :- 

7. Which of the following is not a key step in Market and Demand Analysis?

1.  Situational analysis
2.  Market survey
3.  Resource planning
4.  Characterization of the market

Answer :- 

8. Which of the following is not a Causal method?

1.  Chain ratio method
2.  Jury execution method
3.  End use method
4.  Econometric method

Answer :- 

9. Which of the following is not a step in a sample survey?

1.  Selecting sample size
2.  Developing questionnaire
3.  Resource planning
4.  Scrutinizing

Answer :- 

10. Which of the following is a limitation of TOPSIS?

1.  It can only handle binary decision problems
2.  It assumes all criteria are equally important
3.  It requires a large amount of computational resources
4.  It is not suitable for multi-objective optimization

Answer :- For Answer Click Here

NPTEL Project Management For Managers Week 2 Assignment Answers 2023

1. Which of the following is not a classification of Brownfield projects?

1. Expansion
2. Diversification
3. Modernization
4. Vertical Integration

Answer :- Vertical Integration

Vertical Integration is not typically a classification of Brownfield projects. Brownfield projects generally refer to projects involving the expansion, renovation, or modification of existing facilities, infrastructure, or systems. The classifications of Brownfield projects often include:

2. Project Life Cycle generally does not define which of the following?

1. Technical work
2. Deliverables
3. Control and approval
4. Training

Answer :- Training

Training is generally not explicitly defined by the Project Life Cycle. While training might be an important aspect of a project, it is often considered a separate process or activity that supports the implementation of the project's deliverables or outcomes. 

3. Which of the following is the longest phase of a Project life cycle in terms of time?

1. Concept phase
2. Implementation phase
3. Planning phase
4. Termination phase

Answer :- Implementation phase

The Implementation phase is typically the longest phase of a Project Life Cycle in terms of time. This phase involves carrying out the actual work defined in the project plan, creating the project deliverables, and addressing any unexpected issues that might arise during execution.

4. What is the correct sequence of Project Life Cycle phases?

1. Initiation, Implementation, Planning and Project Clean-up
2. Initiation, Project Clean-up, Planning and Implementation
3. Initiation, Project Clean-up, Implementation and Planning
4. Initiation, Planning, Implementation and Project Clean-up

Answer :- Initiation, Planning, Implementation, and Project Clean-up.

5. Arrange the following elements of the Project Cycle in the right order:

A- Project Appraisal
B- Feasibility Analysis
C- Negotiation
D- Project Selection

1. A-B-C-D
2. B-A-C-D
3. B-A-D-C
4. A-B-D-C

Answer :- B-A-D-C

B-A-D-C: Feasibility Analysis, Project Appraisal, Project Selection, Negotiation.

6. Select the correct statement.

1. Stakeholder identification should be completed prior to constructing the project charter
2. Stakeholder identification should be performed at the beginning of each project phase
3. Where a project begins pursuant to a contract, stakeholder identification is not necessary
4. Stakeholder identification is a continuous process that should be performed throughout the entire project life cycle

Answer :- Stakeholder identification is a continuous process that should be performed throughout the entire project life cycle.

7. BCG Matrix is used for?

1. Project appraisal
2. Project selection
3. Project controlling
4. Project budgeting

Answer :- Project Appraisal. 

BCG Matrix is used for Project Appraisal. The BCG (Boston Consulting Group) Matrix is a strategic tool that helps organizations assess and analyze their product or service portfolio based on two dimensions: market growth rate and market share. 

8. Project identification is generally done through ___?

1. Brainstorming
2. Questionnaire
3. Fundamental analysis
4. Technical analysis

Answer :- Brainstorming.

Project identification is generally done through Brainstorming. Brainstorming is a creative and collaborative technique used to generate a wide range of ideas and potential project opportunities. It involves a group of people sharing their thoughts and suggestions in an open and non-judgmental environment. This helps in identifying various project ideas that can be further evaluated for feasibility and alignment with organizational goals.

9. New ventures by fresh entrepreneurs/promotors are _?

1. Greenfield projects
2. Brownfield projects
3. Conglomerate projects
4. Concentric projects

Answer :- Greenfield projects

New ventures by fresh entrepreneurs or promoters are typically Greenfield projects. Greenfield projects refer to projects that involve starting a new business, developing new products, or creating new facilities or infrastructure from scratch.

10. Which of the following is not correct about initial phase of a project?

1. The cost associated at the beginning of the project is highest
2. Stakeholders have maximum influence during this phase
3. The highest uncertainty is at this stage of the project
4. All the above statements are correct.

Answer :- The cost associated at the beginning of the project is highest

NPTEL Project Management For Managers Week 1 Assignment Answers 2023

1. Which of the following is not a project management goal?

1. Keeping overall costs within budget
2. Delivering the software to the customer at the agreed time
3. Maintaining a happy and well-functioning development team
4. Avoiding customer complaints

Answer :- Maintaining a happy and well-functioning development team

Maintaining a happy and well-functioning development team is not typically considered a primary project management goal. While it's important to have a motivated and productive team, project management goals usually revolve around achieving specific outcomes related to scope, time, and cost. The other options—keeping costs within budget, delivering software on time, and avoiding customer complaints—are more aligned with traditional project management objectives. However, it's worth noting that team satisfaction and well-being can indirectly contribute to the success of a project by improving productivity and reducing turnover.

2. Which of the following does not constitute the role of a project manager?

1. Integrator and coordinator
2. Business case approval
3. Project delivery
4. Project planning and controlling

Answer :- Business case

Business case approval does not typically constitute the role of a project manager. While project managers are involved in various aspects of planning, executing, and controlling a project, the approval of the business case often falls under the responsibility of higher-level stakeholders, such as senior management, executives, or sponsors. The business case is usually developed to justify the project's feasibility and align with the organization's strategic goals before the project manager becomes actively involved in its execution. The other options—integrator and coordinator, project delivery, and project planning and controlling—are all core responsibilities of a project manager.

3. Effective communication is one of the most important skills required by

1. The project team
2. The management
3. The project Manager
4. The project Contractor

Answer :- The project Manager

4. Which of the following is not an objective of a project?

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

Answer :- Accurate

"Accurate" is not typically considered an objective of a project in the same way that scope, time, and cost are. The objectives of a project, often referred to as the "triple constraint" or the "iron triangle," are traditionally defined as scope, time (schedule), and cost (budget). These three factors represent the key dimensions that need to be managed and balanced throughout the project's lifecycle. "Accurate" seems to be more of a quality or characteristic that you might want in the execution of the project but isn't commonly categorized as a primary project objective like the others mentioned.

5. What does ‘R’ represent in a SMART project?

1. Risk
2. Relevant
3. Realistic
4. Resource

Answer :- Relevant

Relevant: In the SMART criteria, "R" often stands for "Relevant" or "Relevance." This refers to ensuring that the project objective or goal is meaningful and aligned with the broader goals of the organization. The objective should contribute to the overall mission and strategy.

6. What does term ‘KSTT’ stands for with respect to project management?

1. Knowledge, Skills, Tools and Technology
2. Knowledge, Skills, Techniques and Technology
3. Knowledge, Skills, Tools and Techniques
4. Knowledge, Skills, Tools and Time

Answer :- Knowledge, Skills, Tools and Techniques

The term 'KSTT' stands for Knowledge, Skills, Tools, and Techniques in the context of project management. This acronym represents the various elements and resources that project managers and teams need to effectively plan, execute, and control projects. It encompasses the knowledge and expertise required, the practical skills necessary, the tools and technology utilized, and the techniques employed to successfully manage and complete projects.

7. Which of the following is not a Project Management Maturity Model?

1. SEI’s (Software Engineering Institute)
2. Center for Business Practices
3. ETI (Education Technical Institute)
4. Kerzner’s model

Answer :- ETI (Education Technical Institute)

ETI (Education Technical Institute) is not a commonly recognized Project Management Maturity Model.

8. What does ‘PMMM’ stands for?

1. Project Management Measurement Model
2. Project Management Maturity Model
3. Project Management Mixed Model
4. Project Management Mass Model

Answer :- Project Management Maturity Model.

PMMM stands for Project Management Maturity Model. This refers to a framework or model that organizations use to assess and improve their project management practices and capabilities over time. It helps organizations understand their current level of project management maturity and provides a structured path for enhancing their project management processes, skills, and overall performance. Different PMMMs exist, such as those developed by various organizations or experts in the field.

9. _______ is an organizational unit to centralize structure with specific mandated that can include an enterprise-wide perspective?

1. Project Management
2. Project Management Office
3. Functional department
4. None of the above

Answer :- Project Management Office (PMO)

Project Management Office (PMO) is an organizational unit that centralizes project-related structures and activities with a specific mandate that can include an enterprise-wide perspective. PMOs are responsible for defining and maintaining project management standards, processes, methodologies, and practices within an organization. They provide support, oversight, and governance for projects and programs, ensuring that they align with organizational goals and strategies.

10. What are the determinants of project success as per Iron Triangle?

1. Resources, Cost, Performance
2. Knowledge, Time, Resources
3. Cost, Skills, Performance
4. Cost, Performance, Time

Answer :- 

The determinants of project success as per the Iron Triangle, also known as the Triple Constraint, are Cost, Performance, and Time. These three factors are interrelated and form the core dimensions that project managers must manage and balance throughout the lifecycle of a project. This is often represented as:

Cost: The budget or financial resources allocated to the project.
Performance: The quality and scope of the project deliverables, meeting the specified requirements.
Time: The schedule or timeline for completing the project.

NPTEL Project management for managers Assignment Answer Week 1 2022

1. Developing a technology is an example of 

• Process
• Project 
• Scope
• All of the above

Answer :- All of the above

2. Following is(are) the responsibility(ies) of the project manager:

• Budgeting and cost control
• Allocating resources
• Tracking project expenditure
• All of the above

Answer :- All of the above

3. Project performance consists of

• Time
• Cost 
• Quality
• All of the above

Answer :- All of the above

4. Project and organizational strategy is nothing but science of 

• Formulation to achieve objective 
• Implementation to achieve objective
• Evaluating cross functional decisions to achieve objective
• All of the above

Answer :- All of the above

5. What are the criteria on which a project is evaluated

• Time and Cost
• Cost and Performance
• Performance only
• Time, Cost and performance

Answer :- Time, Cost and performance

6. What are the determinants of a project success?

• Scope, Performance, Time, Client acceptance
• Time, Scope, Performance, Cost/Budget
• Scope, Cost/Budget, Performance, Time, Client acceptance
• Client acceptance

Answer :- Scope, Cost/Budget, Performance, Time, Client acceptance

7. Project success includes the dimensions such as

• Project efficiency, Impact on customers, Business success, Future preparation
• Project efficiency, Impact on customers 
• Project efficiency, Impact on customers, Business success
• Impact on customers, Business success, Future preparation

Answer :- Project efficiency, Impact on customers, Business success, Future preparation

8. If project is organized as a weak matrix, the project manager seeks a commitment of work from the 

• Personnel’s 
• Functional Departments
• Subcontractors 
• Senior Manager

Answer :- Functional Departments

9. The entire process of a project may be considered to be made up on number of sub process placed in different stage called the 

Technical key resources 
Work key structure
Work Breakdown Structure (WBS)
None of the above

Answer :- Work Breakdown Structure (WBS)

10. Following are the characteristics of Project Mindset:

Time, Responsiveness, Information sharing, Processes, structured planning 
Time, Project management, Information sharing, Processes, structured planning 
Time, Responsiveness, Information sharing, capability, structured planning
Time, Responsiveness, Information sharing, Processes, project planning

Answer :- Time, Responsiveness, Information sharing, Processes, structured planning 

NPTEL Project management for managers Assignment Answer Week 2 2023. Which project is not based on risk?

• Greenfield
• Brownfield
• Cooperative
• Divestment

Answer :- Cooperative

2. Which are the essential parts in the brown field project?

• Expansion, vertical integration, and Diversification
• Vertical integration and Diversification
• Diversification and Expansion
• None of the above

Answer :- Expansion, vertical integration, and Diversification

3. A green field project is a project when you 

Finish a project
Continue with the same project 
Start a new project
Diversify a project

Answer :- Start a new project

4. Steel industry moves for manufacturing of steel pipes is an example of 

• Forward integration
• Backward integration
• Horizontal integration
• None of the above

Answer :- Forward integration

5. Upstream expansion is called

• Forward integration
• Backward integration
• Horizontal integration
• None of the above

Answer :- Backward integration

6. Conceptual phase and definition phase are an integral part of 

• Planning and organizing phase
• Implementation phase
• Initiation phase
• Project clean up phase

Answer :- Initiation phase

7. Selection of a project is broadly a function of

• Risk, Returns and Resources
• Risk and Returns
• Risk only
• Return only 

Answer :- Risk and Returns

8. During brainstorming session, the management has to be

• Receptive
• Vision for future growth
• Keep long term objectives in mind 
• All of the above

Answer :- All of the above

9. Boston consultancy group matrix give idea where there is a lack 

• In portfolio
• Of returns
• Of resources
• None of the above

Answer :- In portfolio

10. Boston consultancy group matrix is basically an order of

• 5*5
• 4*4
• 3*3
• 2*2

Answer :- 2*2