SBL Finance, change and project management

A project has an initial outlay of $100,000 at time 0 and a single inflow of $121,000 at the end of year 2. At a discount rate of 10 percent the NPV is:

• 1 -$21,000
• 2 $21,000
• 3 $11,000
• 4 $0

The payback period of a project is:

• 1 The profit as a percentage of investment
• 2 The time taken to recover the initial investment from cash flows
• 3 The total cash inflow
• 4 The discount rate that gives zero NPV

Lewin's model of change has three stages. In order they are:

• 1 Resist, accept, commit
• 2 Analyse, design, implement
• 3 Plan, do, review
• 4 Unfreeze, change, refreeze

Which of these is a common reason for resistance to change?

• 1 Clear communication
• 2 Fear of loss of status or job security
• 3 Involvement in the design
• 4 Training

A project that is on schedule but is over budget and does not meet quality requirements has failed which aspects of the project triangle?

• 1 Time only
• 2 None
• 3 Cost and quality
• 4 Scope only

A balanced scorecard includes which perspectives?

• 1 Planning, control, review and audit
• 2 Profit, loss, cash and assets
• 3 Income, cost, revenue and margin
• 4 Financial, customer, internal process, and learning and growth

Return on capital employed is calculated as:

• 1 Profit before interest and tax divided by capital employed
• 2 Net assets divided by profit
• 3 Profit after tax divided by revenue
• 4 Revenue divided by capital

A post-completion review of a project is mainly used to:

• 1 Compare results with the plan and learn lessons
• 2 Set the transfer price
• 3 Approve the budget for the next year
• 4 Calculate depreciation