1. What is the primary objective of cost planning?
Dip. Cost Planning and Feasibility Studies

Quiz
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Professional Development
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Professional Development
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Joel Kamalrajh
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A. Increase project scope
B. Ensure financial control and efficiency
C. Minimize project timeline
D. Maximize project stakeholders
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. What is a feasibility study?
A. A marketing strategy
B. A detailed budget plan
C. An in-depth assessment of project viability
D. A technical manual
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. Which is NOT a key element of a feasibility study?
A. Market analysis
B. Technical assessment
C. Financial analysis
D. Artistic design
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. What is the role of feasibility studies in decision making?
A. To design project logos
B. To assess the viability of a project
C. To create advertising campaigns
D. To hire project staff
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. Which type of feasibility study assesses project viability from a technical perspective?
A. Economic feasibility
B. Legal feasibility
C. Technical feasibility
D. Operational feasibility
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. What does the financial analysis in a feasibility study involve?
A. Estimating costs and projecting revenues
B. Designing the project’s logo
C. Hiring staff for the project
D. Conducting surveys and interviews
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. Why is tailoring the level of detail in feasibility studies important?
A. To meet budget constraints
B. To ensure project complexity and scale are considered
C. To reduce the project timeline
D. To attract more investors
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