Project Management and Business Viability Quiz

Project Management and Business Viability Quiz

University

32 Qs

quiz-placeholder

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Project Management and Business Viability Quiz

Project Management and Business Viability Quiz

Assessment

Quiz

Mathematics

University

Hard

Created by

Tara Harkin

FREE Resource

32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a principle of good project management?

Clear goal setting

Effective communication

Ignoring stakeholder input

Adaptability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three key aspects to consider in project viability?

Innovation, cost, and demand

Desirability, feasibility, and viability

Revenue, expenses, and marketing

Risk, reward, and competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'viability' in business mean?

The ability to operate without any revenue

The ability to generate enough revenue to sustain operations

The ability to receive funding from investors

The ability to avoid financial risks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a foundation of business viability?

Strength of the founding team

Stage of product development

The number of employees hired

Scalability of the business model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key foundation of business viability?

Scalability of the business model

Number of social media followers

Office location

Number of competitors in the market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is setting clear goals important in project management?

It helps in prioritizing tasks and tracking progress

It increases project costs

It ensures project delays

It reduces the need for communication

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should be the first step in budgeting for a new business?

Apply for a business loan

Clearly define your business idea and market

Hire employees

Set up an office space

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