Business Administration Level 3: knowledge test Questions and Answers.

Business Administration Level 3:
knowledge test Questions and
Answers.
Within the organizational structure of a project, which level should be responsible for
championing the work and owning the business case?

1. Sponsorship

2. External

3. Management

4. Delivery - Answer SPONSORSHIP



Which of the following are components of the three most significant restrictions on any project?

1. Quality

2. Scope

3. Time

4. Cost - Answer 1, 2, 3



Which of the following does NOT form the scope of a project?

1. Risks

2. Products

3. Features

4. Functions - Answer RISKS



Which of the following statements about project completion are true?

1. Goals have been achieved

2. The project is no longer viable - Answer Both 1 and 2 are true



Definition of Mission Statement - Answer Defines what an organisation is currently doing -
day in day out



Definition of Vision Statement - Answer Describes the ultimate goal an organisation wants to
accomplish



What type of analysis is used to assess the internal and external environment in which a
business operates?

1. Context