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Ethics Ca4

The document discusses key concepts in project management including defining a project, project life cycle phases, feasibility studies, work breakdown structure, and importance of project planning. Multiple choice questions assess understanding of these topics.

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Tiyasha Neogi
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0% found this document useful (0 votes)
10 views

Ethics Ca4

The document discusses key concepts in project management including defining a project, project life cycle phases, feasibility studies, work breakdown structure, and importance of project planning. Multiple choice questions assess understanding of these topics.

Uploaded by

Tiyasha Neogi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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I. What is the definition of a project?

a. A temporary endeavor with a defined beginning and end


b. A permanent ongoing task
c. A random collection of activities
d. None of the above
II. Which phase of the Project Life Cycle involves defining the project's objectives?
a. Initiation / Conceptualization Phase
b. Planning Phase
c. Implementation / Execution Phase
d. Closure / Termination Phase
III. What is the importance of Project Planning?
a. It helps in estimating project costs
b. It ensures clarity in project objectives
c. It prevents project delays
d. All of the above
IV. Feasibility Studies in Project Management assess:
a. The technical feasibility of the project
b. The economic viability of the project
c. The social impact of the project
d. All of the above
V. What does WBS stand for in Project Planning?
a. Work Breakdown Structure
b. Work Budget Schedule
c. Work Breakdown Schedule
d. None of the above
VI. A Code of Ethics in a profession:
a. Is legally binding
b. Provides guidelines for professional conduct
c. Is optional for professionals
d. None of the above
VII. What is the purpose of feasibility studies in project management?
a. To assess the technical feasibility of the project
b. To evaluate the economic viability of the project
c. To identify potential risks
d. All of the above
VIII. What does WBS stand for in project management?
a. Work Budget Schedule
b. Work Breakdown Structure
c. Work Breakdown Schedule
d. None of the above
IX. Phased project planning involves:
a. Completing all project tasks simultaneously
b. Dividing the project into smaller phases
c. Ignoring project timelines
d. None of the above
X. What is project audit?
a. An examination of project performance and processes
b. A review of project expenses
c. An assessment of project risks
d. None of the above
XI. Which tool is commonly used for hands-on training in project management?
a. MS Word
b. MS Excel
c. MS Project
d. None of the above

2. Define project management. What are the different types of projects?

Project management is the practice of initiating, planning, executing, controlling, and closing the
work of a team to achieve specific goals and meet specific success criteria. It involves applying
knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Communication, Construction, Educational, IT, Infrastructure, Manufacturing, Marketing,


Research, and Social.
3 Define project management and discuss its importance in various industries.
Project management involves overseeing the planning, execution, and control of projects to
achieve specific goals within defined constraints.
Its importance spans across various industries:
Construction: In construction, project management ensures timely completion of projects
within budget while maintaining quality and safety standards.
Information Technology (IT): IT projects demand meticulous project management to
deliver software, hardware, or system implementations on schedule and within budget.
Healthcare: In healthcare, project management optimizes processes for clinical trials,
hospital renovations, or implementing new technologies like electronic health records.
Manufacturing: Project management in manufacturing streamlines production processes,
from new product development to factory expansions.
Marketing: Marketing projects require effective management to launch campaigns, develop
branding strategies, or launch new products.
Finance: In the finance sector, project management facilitates mergers and acquisitions,
system upgrades, or regulatory compliance initiatives.
Education: Project management is essential in educational institutions for curriculum
development, campus expansions, or implementing new teaching technologies.
Nonprofit: Nonprofit organizations rely on project management to execute initiatives such as
fundraising campaigns, community outreach programs, or humanitarian aid projects.
4 Identify and discuss the issues and problems commonly encountered in project management.
Scope creep
When a project's size is not defined correctly or changes during execution, it can lead to
delays, budget overruns, and lower quality.
Poor communication
When information is blocked, it can prevent teams from sharing knowledge and managers
from identifying and fixing errors.
Poor risk management
Poor risk management can lead to poor quality, increased costs, and loss of business.
Lack of accountability
When tasks are not assigned to specific team members with clear expectations, it can lead to
project failure.
Unrealistic deadlines
When deadlines are unrealistic, it can be due to underestimating the team's capabilities.
Unclear goals
When goals are not clearly defined, the project and team can suffer.
Resource allocation
Resource allocation includes financial, human, and other resources needed to complete a
project.
5 Describe the phases of the project life cycle and explain the activities involved in each phase.
6. Discuss the importance of feasibility studies in project management.

7. What is the significance of social cost-benefit analysis in project feasibility studies?


Social cost-benefit analysis (SCBA) is significant in project feasibility studies because it
evaluates a project's overall societal impact, considering both costs and benefits. It enables
informed decision-making, resource allocation, risk assessment, and long-term planning,
ensuring that projects promote social welfare, accountability, and sustainability.
8. Explain the stages involved in project life cycle management.
9. Discuss the importance of project planning and outline the steps involved in project planning.
10. Explain the concepts of Work Breakdown Structure (WBS) and Organization Breakdown
Structure (OBS) in project planning.

a Work Breakdown Structure (WBS) breaks down a project into smaller activities that are
easier for employees to understand.

An Organizational Breakdown Structure (OBS) is a hierarchical model that shows how


an organization's structure and hierarchy assigns responsibility for tasks.
11. Define Work Breakdown Structure (WBS).
A work breakdown structure (WBS) is a visual tool that breaks down a project into smaller,
more manageable components or tasks.

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