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Which of the following is NOT a benefit of using PERT/CPM?
Estimating project duration.
❌
Planning and scheduling project activities.
❌
Eliminating all project risks.
✅
Identifying the critical path.
❌
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Which of the following is an example of a project milestone?
"Write code for module X"
❌
"Attend project meeting"
❌
"Order new hardware"
❌
"Module X completed and tested"
✅
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Scope creep refers to:
Increases in the project budget.
❌
Changes in the project team.
❌
Delays in the project schedule.
❌
Uncontrolled expansion of the project scope.
✅
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An educational institution is developing an online learning platform for students and instructors. Which of the following is an example of a functional requirement for this platform?
The platform shall be accessible on multiple devices.
0%
The platform shall have a modern and visually appealing design.
0%
The platform shall be secure and protect user data.
0%
The platform shall allow instructors to upload course materials.
0%
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Which scenario would make the Waterfall model a reasonable choice, despite its limitations?
Developing a mobile game with innovative gameplay
0%
Creating a web application with evolving user needs
0%
Building a system with extremely well-defined and stable requirements, like a payroll system.
0%
Designing a research prototype
0%
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The system must protect sensitive patient data from unauthorized access. This is a crucial:
Functional requirement
❌
Business requirement
❌
Non-functional requirement
✅
Performance requirement
❌
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How does increased market participation generally affect market efficiency?
Increases market anomalies
0%
Has no effect
0%
Reduces market efficiency
0%
Increases market efficiency
0%
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An investor wants to calculate the total return of a stock. If the stock’s purchase price was ₹100, the sale price was ₹120, and dividends received were ₹5, what is the total return?
25%
0%
15%
0%
5%
0%
20%
0%
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If markets are strong-form efficient, which strategy would most likely generate abnormal returns?
Technical analysis
0%
Insider trading
0%
None
100%
Fundamental analysis
0%
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An investor earns higher returns by trading on financial statements and news reports. What form of market efficiency is violated?
Semi-strong form efficiency
100%
Strong-form efficiency
0%
Weak-form efficiency
0%
None
0%
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