Project Management Week 2 NPTEL Assignment Answers 2025
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✅ Subject: Project Management
📅 Week: 2
🎯 Session: NPTEL 2025 July-October
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NPTEL Project Management Week 2 Assignment Answers 2025
1. Which one of these is the CORRECT strategy when there is a risk in a project?
- ACCEPT Risk as it is
- BYPASS the Risk to the maximum possible extent
- DONOT Share Risk with other parties involved in the Project Management work
- TRANSFER Risk to the other members of the project team (who are a part of the project management work)
Answer : See Answers
2. When the probability distribution of the results is unknown, such problem are called_____________.
- Decision under certainty
- Decision under risk
- Decision under pressure
- Decision under uncertainty
Answer :
3. The project manager is handling a development project. The original baseline budget was $250,000. Since the start of the project, there have been 12 approved change requests totaling $22,000. The cost incurred to evaluate and process these changes before approval was $3,500. What is the current total budget for the project?
- $250,000
- $272,000
- $275,500
- $253,500
Answer :
4. A project manager is handling a venture that has successfully completed the planning phase. The scope of work has been finalized, and detailed cost estimates have been completed. The total estimated cost of the project is $200,000. It is reasonable to assume that the final cost of the project will not exceed which of the following values?
- $200,000
- $220,000
- $230,000
- $250,000
Answer :
5. Your association is thinking about running a venture which will involve a speculation of $1,000,000. The item from the venture is determined to make incomes of $250,000 in the primary year after the end of the venture and of $420,000 in each of the two after years. What is valid for the net present estimation of the venture over the three years cycle at a rebate rate of 10%?
- The net present value is positive, which makes the project attractive.
- The net present value is positive, which makes the project unattractive.
- The net present value is negative, which makes the project attractive.
- The net present value is negative, which makes the project unattractive.
Answer : See Answers
6. According to the Capital Asset Pricing Model (CAPM) a well-diversified portfolio’s rate of return is a function of
- Systematic risk.
- Unsystematic risk.
- Unique risk.
- Interest Rate risk.
Answer :
7. The market portfolio has a beta of
- 0.
- 1.
- -1.
- 0.5.
Answer :
8. Which of the following statements concerning the payback period is not true?
- The payback period is simple to calculate and understand
- The payback period measures the time that a project will take to generate enough cash flows to cover the initial investment
- The payback period ignores cash flow after the payback point has been reached
- It takes account of the time value of money
Answer :
9. ____________-_ has the prospective impact on earnings or capital from adverse business decisions, improper implementation of decisions or lack of responsiveness to industry changes.
- perational Risk
- Strategic Risk
- Contextual Risk
- Systematic Risk
Answer :
10. ____________ is connected to circumstances outside the project that may influence the scope of work and the performance of the organization.
- Operational Risk
- Strategic Risk
- Contextual Risk
- Systematic Risk
Answer : See Answers
NPTEL Project Management Week 2 Assignment Answers 2024
1. The ideal project manager should be _________.
a) a direct, technical supervisor knowledgeable in the technology of the process being used
b) both generalist/facilitator and have a high level of technical competence in the science of the project
c) a facilitator and specialist with technical credibility
d) a technical specialist competent in principles of robust design
Answer: b
Explanation: The ideal project manager balances both generalist leadership skills and technical know-how. This allows them to communicate effectively, solve problems, and manage project complexity.
2. Which of the following is not a phase in the Tuckman ladder?
a) forming
b) defining
c) norming
d) mourning
Answer: d
Explanation: The original Tuckman ladder includes: Forming, Storming, Norming, Performing, and later Adjourning. “Mourning” is a misnomer and not a formal stage.
3. The project manager makes a _________ by allowing one aspect of the project to get worse in return for allowing another aspect of the project to get better.
a) decision
b) turnaround
c) trade-off
d) chart
Answer: c
Explanation: In project management, a “trade-off” is a decision-making process where one project constraint (e.g., time, cost, scope) is sacrificed for improvement in another.
4. Listed below are three aspects of leadership. Match them with their associated competencies.
a) Intellectual quality
b) Managerial quality
c) Emotional quality
- Engaging communication, managing resources, empowering, developing, and achieving
- Self-awareness, emotional resilience, motivation, sensitivity, influence, intuitiveness, conscientiousness
- Critical analysis and judgment, vision and imagination, and strategic perspective
a) b=2, c=3, a=1
b) b=1, c=2, a=3
c) b=1, c=3, a=2
d) b=3, c=2, a=1
Answer: b
Explanation:
- Managerial quality → 1 (engaging, managing, developing)
- Emotional quality → 2 (self-awareness, motivation, sensitivity)
- Intellectual quality → 3 (strategic thinking, judgment)
5. After identifying the stakeholders, a _________ should be created to maintain essential information about them.
a) stakeholder register
b) stakeholder plan
c) project plan
d) request for proposal
Answer: a
Explanation: A stakeholder register is a document containing details like stakeholder roles, interests, contact info, and influence level on the project.
6. Toward the end of the project lifecycle, conflict intensity is the greatest with respect to ____________.
a) cost
b) schedules
c) scope
d) quality
Answer: b
Explanation: As deadlines approach, schedule pressures increase, which often leads to higher tension and conflict among project members and stakeholders.
7. ______________ is a method of transforming contractual relationships into a cohesive, cooperative project team.
a) Project partnering
b) Chartering
c) Meeting
d) Stakeholder management
Answer: a
Explanation: Project partnering aligns all parties (client, contractor, vendors) with shared goals and open communication to reduce disputes and boost collaboration.
8. _______ is a requirement between negotiators.
a) Power
b) Control
c) Honesty
d) Time
Answer: c
Explanation: Trust and honesty are fundamental to successful negotiation. Without it, parties can’t reach a mutually acceptable agreement.
9. When dealing with conflict between parties, it is recommended that one __ in order to avoid the conflict becoming interpersonal.
a) avoid the situation
b) define the substantive problem
c) leisurely discuss the issue
d) focus on interests
Answer: b
Explanation: Defining the real issue helps in addressing the problem logically without it turning into a personal attack or emotional argument.
10. Negotiating to a(n) __ solution is the key to conflict resolution in project management.
a) win-lose
b) win-win
c) avoidance
d) confrontation
Answer: b
Explanation: A win-win outcome ensures both parties feel heard and gain something positive, fostering better collaboration and long-term relationships.
