Part 1: Multiple choice questions (1 mark each) Choose the best answer and write the letter of your choice on the answer sheet at the page of the question paper. 1. Which one of the following statements best describes a project? A. A project is a set of tools and techniques often used when delivering organizational change B. A project is the sum of activities needed to remove uncertainty from a unique piece of work C. A project is unique transient endeavor undertaken to achieve a desired outcome. D. A project is a method of planning work. E. None of the above 2. Projects are likely to: A. be repetitive D. be continuous B. involve routine operations E. None of the above C. bring about change 3. Which of the following best describes a project deliverable? A. The resources used by the project to complete the necessary work B. The resources exported from the project as a result of the project work C. The end result of a project planning session D. The tangible good or service created by the project team 4. Which one of the following statements is true? A. An increase in project scope is likely to increase project cost. B. A decrease in the project time is likely to increase project quality. C. An increase in the project quality requirements is likely to decrease project cost. D. A decrease in the project cost is likely to decrease project time. E. None of the above 5. Which statement best describes a responsibility of the project manager: A. to be the sole source of expertise for estimating techniques on cost and time. B. to deliver the project objectives to enable benefits to be realized. C. to take ultimate accountability for the delivery of the business benefits. D. to delegate all accountability for managing time, cost and quality to team leaders. 6. Which one of the following best describes a project stakeholder? A. A party who is concerned about the project going ahead. B. A party with an interest or role in the project or is impacted by the project. C. A party who has a vested interest in the outcome of the project. D. A party who has a financial stake in the organization managing the project. 7. Teams are different from groups because they: A. have the same boss B. carry out similar activities C. share responsibility for the project outcome D. can perform more difficult tasks 2