ECO314 Tma Solutions

ECO314

Question: There are five project management process areas that apply to most projects and are defined in the PMBOK. Which of these is NOT one of them?
Answer: Subletting processes:

Question: All processes required to ensure that the project completes on time (defined schedule) are .
Answer: Time management

Question: Suppose the total number of items supplied is not equal to the total number of items demanded, what is the solution?
Answer: By creating a dummy cell

Question: The general systems theory states that a system is composed of inputs, a process, outputs, and .
Answer: control

Question: Given the Least Cost value is (400 x 9) + (100 x 15) + (450 x 5) + (400 x 17) + (550 x 7), calculate Minimum cost by least cost
Answer: 15200

Question: The processes to ensure that all the work required to complete the project is defined are
Answer: Quality management

Question: Linear programming deals with all of the following EXCEPT .
Answer: The projection of a function of variables known as objective function.

Question: The basic steps for writing a network are all of the following EXCEPT .
Answer: Some of the activities do not have any logical relationship, in such cases; we cannot start those activities simultaneously.

Question: Project Management increases the probability of project
Answer: success

Question: Which of the following is NOT an advantage of project management?
Answer: Provide uncommon approach to project management

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