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1.  A control chart should always contain:

   A) Upper and lower warning limits
   B) The cumulative average
   C) Upper and lower control limits
   D) A target value
   

2.  A management control point where scope, budget, actual cost and schedule are integrated and compared to earned value for performance measurement is called a:

   A) Code of accounts
   B) Control packages
   C) Control account
   D) Account Plan
   

3.  Which of the following statements is correct?

   A) A collection of unrelated programs can constitute a portfolio.
   B) The scope of a portfolio is typically smaller than that of a program.
   C) A program is a group of unrelated projects.
   D) A program need not consist of projects.
   

4.  In a matrix organization, where the team members report to both, a functional manager as well as a project manager, generally, whose responsibility is it to manage the dual reporting relationship?

   A) Functional manager
   B) HR manager
   C) Team members
   D) Project Manager
   

5.  Pareto's Law states that eighty percent of the ______ are due to twenty percent of the _______. This is also known as the 80/20 rule.

   A) problems/causes
   B) causes/problems
   C) work/effort
   D) effort/work