NPTEL Project Management For Managers Week 5 Assignment Answers 2023

NPTEL Project Management For Managers Week 5 Assignment Answers 2023

1. Which of the following is not a measure of risk?

1. Range
2. Standard deviation
3. Coefficient of variation
4. Mean

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2. PRAM Stands for?

1. Project Risk Aversion and Management
2. Project Analysis and Management
3. Project Risk Analysis and Management
4. Project Risk Allocation and Management

Answer :- 

3. John Strauss is a Project Manager for a reforestation project. To identify the risks involved, John sends a questionnaire to gather inputs from experts. Which technique is John using?

1. Delphi technique
2. Interviews
3. Brain storming
4. Documentation review

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4. Which of the following is correct sequence for phases of risk assessment?

1. Define, Identify, Focus, Estimate
2. Define, Estimate, Evaluate, Focus
3. Define, Focus, Identify, Structure
4. Define, Identify, Focus, Manage

Answer :- 

5. Which of the following is not a source of a risk?

1.  Financial risk
2.  Project specific risk
3.  Competitive risk
4.  Market risk

Answer :- 

6. Accounting Break Even Analysis is equal to __.

1. A.B.E = (Fixed cost – Depreciation)/Contribution margin ratio
2. A.B.E = (Depreciation – Fixed cost)/Contribution margin ratio
3. A.B.E = (Contribution margin ration + Fixed cost)/Depreciation
4. A.B.E = (Fixed costs + Depreciation)/Contribution margin ratio

Answer :-

7. Which of the following is not a technique for stand-alone risk analysis?

1.  Sensitivity analysis
2.  Market analysis
3.  Scenario analysis
4.  Simulation analysis

Answer :- 

8. What is the correct sequence of steps in Simulation analysis?

1.  Model the project, Select a value, Specify the value, Determine the value of NPV
2.  Model the project, Select a value, Determine the value of NPV, Specify the value
3.  Model the project, Determine the value of NPV, Select a value, Specify the value
4.  Model the project, Specify the value, Select a value, Determine the value of NPV

Answer :- 

9. Project Risk = _____________* Consequences of Event.

1.  Loss
2.  Outcomes of Event
3.  Probability of Event
4.  None of the above

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10. Calculate standard deviation for the given data:

NPV              Probability
200                      0.3
600                      0.5
900                      0.2

1.  240.3
2.  249.8
3.  232.5
4.  267.9

Answer :-