Forecasting estimates the results and planning provides


True or False Questions:

1) Good technology transfer between projects is one of the major advantages of projectized organization. ( T or F)

2) Program Management is less comprehensive and inclusive than project management.( T or F)

3) The partnership type of organization is very difficult to organize as it has relatively large restrictions. (T or F).

4) Forecasting estimates the results and planning provides strategies. (T or F)

Multiple choice questions:

1) The distribution that you use for networks in project considering probability of three times is known as:

A) Normal distribution

B) Exponential distribution.

C. Binomial distribution

D) Negative exponential distribution

E. None of the above

2) The biggest Advantage/advantages of the exponential smoothing method of forecasting is:

A) No waiting period is required and not a large data is required even then reasonably good forecasting.

B) It includes the benefits of the time series analysis of forecasting as it belongs to this category.

C) The value of alpha (smoothing constant )can be made to change or adapt to changed circumstances.

D. All of the above

E. Only A and B.

3) The important disadvantage/disadvantages of MBO as observed are:

A. Time and paper work involved

B. Supervisor just assigns and does not negotiate

C. It leads to Gamesmanship of subordinates

D. It does not avoid the tendency of subordinates to focus on relatively few goals.

E. All of the above

4) The title 'section chief or foreman, is used for which of the following position?

A) team leader

B. middle manager

C. first-line manager

D. top manager

E. Aged worker

5) About the middle managers which of the following is true?

A. Make plan of intermediate range to achieve long terr goals

B. Integrate and coordinate the short range decisions and activities

C. Establish department policies together

D. Options A and B are true if taken together

E. options A, B, and C, are true if taken

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Operation Management: Forecasting estimates the results and planning provides
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