PROJECT AND CHANGE MANAGEMENT L5M8 paper 1

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L5M8 paper 1 – Free

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25
Questions
60
Minutes

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Question 1 of 25

1 Planning and allocating the resources required to complete a project and adjusting those resources based on natural tensions supply and demand is known as which of the following?

1. Resource lagging
2. Resource loading
3. Resource leading
4. Resource levelling

2 Which of the following are the benefits of ensuring top management support in project management?

1. Supplier relationship improvement
2. Timely resource allocation
3. Project prioritisation
4. Materials price reduction

3 Which of the following are characteristics of multi-projects undertaken by an organisation? Select the TWO that apply.
4 For every project, it is always important for the project managers to undertake the initiation stage. Is this statement TRUE?
5 Which of the following are the reasons for having rigorous project control measures in place?

1. Monitoring project progress
2. Ensuring approval of project phases for execution
3. Paying suppliers for materials delivered
4. Implementing initiation document

6 John is running an IT software procurement project and needs to engage the correct stakeholders in the appropriate manner to contribute to the procurement activity. When conducting a stakeholder mapping exercise, if the interest of the stakeholder is deemed to be low, according to the Mendelow matrix, what might be an appropriate way for John to manage the stakeholder?

1. Keep stakeholder regularly informed
2. Minimal contact with the stakeholder
3. Keep the stakeholder satisfied
4. Manage the stakeholder most thoroughly

7 Project performance can be assessed using different measures including safety. Which of the following are examples of safety measures when evaluating project performance?

1. Identified unsafe work practices that may result in injuries
2. Number of defects leading to reworks
3. Health standards violations in the workplace
4. Lead times from supplier influencing productivity

8 Murray Construction Limited (MCL) has contracted with the national government to undertake a bridge construction project? They have undertaken several stages and are currently setting up an experienced project team and allocating sufficient resources and budget to the project. What stage of project life cycle is MCL currently under?
9 Project initiation answers which of the following questions? Select the TWO that apply.
10 Which of the following is necessary for the project manager to undertake in ensuring ‘effective programme management’?
11 Which of the following does the project manager need to consider about stakeholders when undertaking a ‘stakeholder mapping processes’?

1. Resources of stakeholders
2. Culture of stakeholders
3. Power of stakeholder
4. Interests of stakeholder

12 Which of the following measures relate to a reduction in the number of workplace accidents and reducing staff time away from workplace due to injuries?
13 A construction company is undertaking a hospital construction project. They have appointed a project manager who is currently determining the resources to be managed for the life cycle of the project. He is also planning manpower and assigning tasks to different project team members. This process is called...
14 A team set up to manage the operational aspects of the projects by ensuring effective resource allocation and undertaking regular reviews is known as...
15 Which of the following stages of project life cycle is undertaken to highlight the extent to which the operational processes of the project have been effective and efficient?
16 Which of the following are methods of asset financing?

1. Leasing
2. Documentary credit
3. Depreciation
4. Hire purchase

17 A project manager (PM), at the commencement of a project has been tasked with undertaking detailed analysis of all potential stakeholders who might have an interest or could be impacted by the project deliverables. What should the PM do first?
18 . A recently appointed project manager is concerned about the influence and impact that the organisation’s stakeholders might have in the project that an organisation is about to undertake. He then decides to consult all the stakeholders regarding the project-related decisions taken by the organisation. Is this a correct approach?
19 Which of the following are benefits of forming a consortium to obtain requirements from suppliers?

1. Reduces the prices of inputs
2. Increases the buying bargaining power
3. Eliminates the need for taxes
4. Increases capacity of the procurement organisations

20 Which of the following would be a financing option if an organisation in the private sector wanted to expand its business operations?
21 Close-out stage is necessary at the end of every project that the organisation undertakes. Is this statement correct?
22 Which of the following is required for an organisation undertaking multiple projects which occur simultaneously?
23 Which of the following are characteristics of a programme that differentiate it from a project? Select the TWO that apply.
24 Which of the following are the likely reasons for project failure in an organisation? Select the THREE that apply.
25 On major projects, which of the following stages in the project life cycle occur after completion?

1. Control
2. Closure
3. Coordination
4. Review

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