* not completed

. The word "project" in the context of development planning can be thought of as ________.

a) an investment of scarce resources in the expectation of future benefit correct incorrect

b) an unconnected plan of studying the resources in the country for the economic progress correct incorrect

c) a utilitarian calculation of how to optimize the resources correct incorrect

d) both A and C correct incorrect

e) both B and C correct incorrect

* not completed

. A development project must be ________.

a) privately-funded correct incorrect

b) financially sustainable correct incorrect

c) publicly-funded correct incorrect

d) profitable correct incorrect

e) none of the above correct incorrect

* not completed

. A project cycle involves all of the following except ________.

a) identification correct incorrect

b) preparation correct incorrect

c) implementation correct incorrect

d) prescription correct incorrect

e) evaluation correct incorrect

* not completed

. Project environment involves programs that can be ________.

a) sector based (e.g., a sector plan or program) correct incorrect

b) geographically based (e.g., a regional plan) correct incorrect

c) organizationally based (e.g., plans and proposals from government organizations, private-sector companies, NGOs, or community groups) correct incorrect

d) both A and C correct incorrect

e) all of the above correct incorrect

* not completed

. Logical framework approach reflects a combination of ________.

a) the logical framework correct incorrect

b) project cycle correct incorrect

c) objective (or goal) oriented project planning correct incorrect

d) both A and B correct incorrect

e) both A and C correct incorrect

* not completed

. The purposes of the objective oriented project planning are ________.

a) to ensure that resources are targeted to meet the needs of priority groups correct incorrect

b) to make appropriate arrangements for co- ordination and participation correct incorrect

c) to understand and address potential areas of conflict in project design correct incorrect

d) both A and C correct incorrect

e) all of the above correct incorrect

* not completed

. A development project is characterized in terms of the following specifications except ________.

a) it must be planned with a clear objective in mind correct incorrect

b) it must have geographical and/or organizational boundaries correct incorrect

c) it must be time unbound correct incorrect

d) it must include an investigation on the scarce resources in the expectation of future benefit correct incorrect

e) neither B nor C correct incorrect

* not completed

. ________ is NOT one of the four components of the vertical logic of the "Project Planning Matrix."

a) Process correct incorrect

b) Activities correct incorrect

c) Results correct incorrect

d) Purpose correct incorrect

e) Overall objective correct incorrect

* not completed

. ________ is NOT one of the four specifications of the "Project Planning Matrix" in its horizontal dimensions.

a) Description correct incorrect

b) Indicators correct incorrect

c) Outcomes correct incorrect

d) Assumptions correct incorrect

e) Means of verification correct incorrect

* not completed

. To judge whether a project is a good thing, we must consider all of the following except ________.

a) whether the overall benefits of the project exceed the costs correct incorrect

b) whether the project could respond the need for structural adjustments correct incorrect

c) whether the net benefits to key stakeholders exceed their costs, i.e., do they have the incentive to participate as assumed correct incorrect

d) whether the distribution of the costs and benefits of the project is such that it can be said to contribute to the development objective correct incorrect

e) whether the risk of failure sufficiently low for all relevant stakeholders correct incorrect

* not completed

. In estimating the costs and benefits of any project it is useful to distinguish between categories of costs, namely ________.

a) investment costs correct incorrect

b) operating costs correct incorrect

c) working capital correct incorrect

d) both A and B correct incorrect

e) all of the above correct incorrect

* not completed

. Operating costs of the projects are the costs incurred in running the project and can be ________.

a) variable and related to the activity of the project correct incorrect

b) conditioned and related to the social and cultural dimensions of the project correct incorrect

c) fixed and related to the unchanged costs correct incorrect

d) both A and B correct incorrect

e) both A and C correct incorrect

* not completed

. The annual statement of costs and benefits is sometimes described for the following analyses except ________.

a) political analysis correct incorrect

b) financial analysis correct incorrect

c) analysis of cash flow correct incorrect

d) economic analysis correct incorrect

e) a resource statement correct incorrect

* not completed

. To know whether a project is good, the following indicators are required: ________.

a) the nest present value correct incorrect

b) the internal rate of return correct incorrect

c) the benefit-cost ratio correct incorrect

d) both A and B correct incorrect

e) all of the above correct incorrect

* not completed

. To analyze projects at market prices, it is necessary to make the following adjustments: ________.

a) adjust all foreign exchange costs and benefits upward to take account of the relative scarcity of foreign exchange correct incorrect

b) remove all elements of tax from the prices since taxes are transfers from the taxpayer to the government, not real resource costs correct incorrect

c) adjust formal-sector unskilled labour costs downward to take account of unemployment and underemployment using a shadow wage rate correct incorrect

d) both B and C correct incorrect

e) all of the above correct incorrect

* not completed

. Development projects have to be planned without a clear objective in mind. It is planned to address unprecedented events.

a) True correct incorrect

b) False correct incorrect

* not completed

. A great deal of donor funding was directed into investment projects and training planners in developing countries in the planning and appraisal of such projects.

a) True correct incorrect

b) False correct incorrect

* not completed

. Less aid-dependent countries presumably have greater capacity to plan their projects effectively.

a) True correct incorrect

b) False correct incorrect

* not completed

. A project process is conceived as a series of concentric circles that may eventually lead to project implementation.

a) True correct incorrect

b) False correct incorrect

* not completed

. The project planning process starts with project identification.

a) True correct incorrect

b) False correct incorrect

* not completed

. Often projects involve partners so the project idea may be derived from the interaction of different

partners. correct incorrect

a) True correct incorrect

b) False correct incorrect

* not completed

. The first stage in OOPP is to identify the needs of the governments.

a) True correct incorrect

b) False correct incorrect

* not completed

. The process of objectives analysis might result in multiple strategies to satisfy the intended objectives.

a) True correct incorrect

b) False correct incorrect

* not completed

. The "Project Planning Matrix" aims at ensuring that the project is logical.

a) True correct incorrect

b) False correct incorrect

* not completed

. Project feasibility is not the essential part of the project planning.

a) True correct incorrect

b) False correct incorrect

* not completed

. Operating costs are the costs incurred in running the project and can be variable, or fixed.

a) True correct incorrect

b) False correct incorrect

* not completed

. Opportunity cost is not an important concept for economic analysis.

a) True correct incorrect

b) False correct incorrect

* not completed

. Measurement of external costs and benefits is one of the most important aspects of economic analysis.

a) True correct incorrect

b) False correct incorrect

* not completed

. Investment costs are the initial costs required to establish the project and often include replacement costs for items that have an operational life less than the life of the project.

a) True correct incorrect

b) False correct incorrect

* not completed

. All project activities involve investment.

a) True correct incorrect

b) False correct incorrect