NPTEL Project Management For Managers Week 5 Assignment Answers:- In this post, we have provided the answers to the NPTEL Project Management For Managers Week 5. All the answers are provided here on the basis of data available on the internet.
NPTEL Project Management For Managers Week 5 Assignment Answers 2022
Q1. The shortcomings of the sensitivity analysis is
- Only one variable is considered
- Multiple variables are considered
- No variable is considered
- None of the above
Answer:- Only one variable is considered
Q2. When do you perform risk identification?
- At the beginning of a project.
- During project planning.
- During the whole lifetime of a project.
- During project execution.
Answer:- During the whole lifetime of a project.
Q3. Which of these statements about the project risk analysis and management program is best?
- Risk management is integrated throughout the project’s life cycle.
- The risk management strategy should be unwavering throughout the entire project life cycle.
- The project manager should choose a small subset of all risk management tools.
- Risk management is best handled using an ad hoc approach.
Answer:- Risk management is integrated throughout the project’s life cycle.
Q4. Standalone risk techniques are used for the analysis of
- Completed project
- Upcoming project
- Profitable project
- Project at hand only
Answer:- Project at hand only
Q5. Which of the following technique is not used for analyzing standalone risk
- Break-even analysis
- Sensitivity analysis
- Simulation analysis
- Corporate risk analysis
Answer:- Corporate risk analysis
Q6. The net probability of failure (Pf) is 0.34 and consequences of failure (Cf) is 0.40. Calculate the risk factor (RF)?
- 0.196
- 0.604
- 0.876
- 0.740
Answer:- 0.604
Q7. Which of the following sentence/s are true for the risk management of a project?
- Properly undertaken of risk management will increase the likelihood of successful completion of a project to cost, time and performance.
- It involve the initiating further investigations to reduce the uncertainty.
- Risk management increases the understanding of project.
- All of the above.
Answer:- All of the above.
Q8. For the given project where the probability that the NPV 200 of the project is 0.3. For NPV 600 probability is 0.5 and for NPV 900 probability is 0.2. Find out the final NPV?
- 540
- 640
- 340
- 440
Answer:- 540
Q9. For the given project where the probability that the NPV 200 of the project is 0.3. For NPV 600 probability is 0.5 and for NPV 900 probability is 0.2. Find out the range?
- 400
- 300
- 700
- 200
Answer:- 700
Q10. Hillier model can be used for:
- Continuous probabilistic events
- Discontinuous probabilistic events
- Non-probabilistic events
- Both a) and b)
Answer:- Both a) and b)
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NPTEL Project Management For Managers Week 5 Assignment Answers:- In this post, we have provided the answers to the NPTEL Project Management For Managers Week 5. All the answers are provided here on the basis of data available on the internet.