Practice Quiz

PMI PMP Project Management - Question List

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141. Titanic Inc. is reviewing their existing projects. $10 million has already been spent on Project Iceberg but another $20 million required. The project is expected to provide riskless cash flows with a present value of $28 million once it is completed. Should Titanic proceed?
  1. Maybe
  2. No
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142. Of the choices below, this is the best evaluation criteria for selecting which projects to proceed with:
  1. Payback period
  2. Internal Rate of Return (IR)
  3. Net Present Value (NPV)
  4. Example Value
  5. Discount Rate
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143. True or false: A good project manager considers opportunity costs when considering which projects to proceed with.
  1. True
  2. False
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144. True or false: A good project manager considers sunk costs when considering which projects to proceed with.
  1. True
  2. False
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145. How did famous management thinker Joseph Juran define quality?
  1. Achieving six sigma
  2. Zero defect manufacturing
  3. Value for cost
  4. Fitness for use
  5. Successful scope verification
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