PCAB Project Management, Feasibility Study Practice Exam

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• Which field requires the complete name of the project leader and designation including the agency where they belong, office address, contact numbers, and email address?
• Which approach involves the use of standards to measure the level of need for a particular product or service?
• Which phrase describes areas traditionally occupied by cultural communities or tribes in project considerations?
• For equipment valued at more than PhP 15,000, under which category should it be placed?
• The discounting rate is determined by the purpose and application of the discounted cash flow.
• Which term denotes the latest permissible start time?
• Which program focuses on the development of high-value crops?
• Which program is implemented to promote the production, processing, marketing, and distribution of high-value crops?
• Which category includes land, buildings, equipment, and installation in cost estimates?
• This refers to documents issued by the procuring entity as the basis for Bids.
• Which act is known as the Government Procurement Reform Act, establishing procurement standards for the government?
• Which study focuses on understanding current market dynamics such as demand and price?
• Which ratio shows how easily a project's current assets can be used to repay its current liabilities?
• General and specific aims must be consistent with which of the following?
• Which of the following is the precise name for the method that identifies the longest path through the project network?
• Which section presents the main elements of the project expressed as objectives and inputs?
• Which term describes researchers who are holders of doctorate degrees (Ph.D.), but not yet established independence, generally at the beginning of their research careers and have been awarded their Ph.D. for not more than 10 years?
• Which method facilitates the integration of multiple possible factors in the demand analysis?
• Which term describes the contribution or share of the implementing agency in the conduct of the project?
• What does the Equipment Outlay cover?
• Which program promotes urban and peri-urban agriculture through the Plant, Plant, Plant program?
• Which method is used when you estimate future demand by examining historical data and projecting trends forward?
• This refers to the budget for the contract duly approved by the Head of the Procuring Entity.
• Proclamation No. 803 s. 1996 designates which of the following as the subject of a specific land-use proclamation?
• The number of years that benefits and costs are measured and discounted is referred to as the discounting period.
• An activity has LS = 7 and duration = 3; what is LF?
• Which act provides that no contractor shall engage in contracting without first securing a PCAB license?
• Which concept refers to the effect of a project on commercialization of its products and services and on local, regional, and national economic development?
• Which ratio is also known as the acid-test ratio?
• Which term identifies the researchable area to be addressed by the project based on BAR's RDEAP 2016-2022?
• Which program focuses on rice farming and uplifting the lives of Filipino farmers?
• Which entity was created to promote, accelerate and regulate the growth and development of the construction industry in conformity with national goals?
• Which statement best describes a method of estimation of past and present demand that uses standards or coefficients?
• What term refers to the arena for potential exchanges that may involve money, where demand-and-supply conditions for goods or services are considered?
• Which government agency attached to the Department of Trade and Industry serves as an implementing board in the Construction Industry Authority of the Philippines?
• Which component includes the definition of the research problem, scope and coverage, significance, and justification for its conduct?
• Which term describes the process that evaluates the likely environmental impacts of a project?
• Which policy instrument formally established the Philippine Environmental Impact System?
• Which contracting classification is listed alongside general engineering construction and specialty?
• Which item is NOT typically categorized under MOOE?
• Which phase includes day-to-day operations to fulfill the project's purpose?
• What is the minimum net worth/equity required to be categorized as an AAA licensee?
• Which estimates are used in PERT to compute expected durations?
• Which term is demonstrated by examples such as using a carabao or tractor for land preparation?
• Which document defines the product envisioned to be provided by the project?
• Preparatory work for site preparation, final selection of technology and equipment, and construction planning including time-scheduling and drawings.
• Which of the following is NOT one of the three basic references used in determining financial inputs and requirements of a revenue-generating project?
• Which term describes the collaboration or agency counterpart that contributes resources to the project?
• Negative environmental impacts must be included as economic costs under which category?
• Which element specifies the means to obtain evidence to determine whether indicators have been met at different points in time?
• Which method is most appropriate when there is a need to project future demand based on historical growth patterns across multiple years?
• Which financial statement presents assets, liabilities, and equity at a point in time?
• Which analysis is directly applicable when potential beneficiaries are unclear about what they want or what they say is inconsistent with what they do?
• These metrics determine the project's ability to acquire assets through debt obligations.
• Which term is also called slack?
• Which term indicates how to acquire evidence to measure whether the indicators have been met?
• Which term best describes a plan that outlines the date range for a project?
• For New Regular License Application, how much is the filing fee?
• Which item refers to the Package of Technology (POT) to be developed?
• Which CPM technique calculates the latest start (LS) and latest finish (LF) times for each activity?
• Which ratios reflect investors' perceptions of the project's past performance and future prospects by relating stock price, income, and book value per share?
• What does PhilGEPS stand for?
• Which term describes the consolidated analysis of past and present supply and demand?
• Which natural feature is listed alongside mangroves as an environmental consideration in the material?
• Which item includes land's economic value (opportunity cost) and should be included even if no financial cost is incurred?
• Which term refers to the new conditions or qualities achieved when the target groups adopt or utilize the project outputs?
• What describes the measures or tasks carried out by the project to obtain the outputs?
• Which CPES rating category assesses the quality of ongoing and completed work against plans?
• A contractor with license categories C and D is classified under which size range?
• Presidential Proclamation No. 2146 s. 1981 designates environmentally critical projects and areas within the EIS system.
• Which project management term describes the plan that defines the order, duration, and methods of activities to ensure infrastructure projects are completed on time and within budget?
• Which type of metrics relate a company's viability to its earnings, expenses, and debt obligations?
• Which type of research is conducted to apply data from fundamental research toward a specific practical aim with direct societal benefit?
• Which metric describes the relationship between stock price, income, and book value per share?
• Which item is not included in economic analysis to avoid double counting; only residual asset value is considered?
• Which commission serves as the Philippines' Supreme State Audit Institution?
• NAMFAC stands for which of the following?
• Which term refers to signs or data used to determine whether a particular objective has been achieved through the performance of activities?
• Which term refers to the section detailing plans to ensure the project's sustainability after completion in financial and organizational aspects?
• Which term refers to the overall accomplishment in accordance with the approved PERT/CPM or approved program of work?
• Which term describes the collection of variations of a product designed to meet different market needs?
• Which analysis focuses on evaluating past and present supply conditions during the project’s lifetime?
• What describes the results of the listed activities of the project after implementation?
• Which phase analyzes the project from market, technical, environmental, financial, economic, social, and management perspectives?
• What are the resources needed to fuel the activities?
• Which term describes research aimed at expanding knowledge with no immediate practical application?
• The supplies and materials category includes which of the following?
• The budget for Potential Intellectual Property should constitute no more than what range of the total PS + MOOE?
• Planning, specification, acquisitions, and delivery of the materials, equipment, supplies, and services needed by the project.
• Which DENR line bureau is responsible for implementing environmental laws and policies?
• Which phase covers preparation of the proposal including preliminary design addressing technical and operation aspects?
• Which section contains the rationale for the project?
• Taxes on earnings should be factored into cash flow. The projected gross income or revenue of the project each year is used to compute ___
• Which option is the official name for a program that promotes organic agriculture?
• The term that refers to the quality and quantity of on-going and/or completed items of work, which are verifiable, in accordance to approved plans and specifications is called?
• Which plan concerns ensuring the project's sustainability after it ends?
• Which term indicates the period that shows the proposed start and completion dates of the project?
• Which document is prepared to serve as the application for an ECC?
• In the Philippine environmental framework, what does EIS stand for?
• Which analysis determines if a market exists for the project's output and the extent of demand?
• Which term describes researchers who lead their research area or field, usually heading a team?
• What term refers to the document that itemizes the detailed activities to be undertaken for the entire duration of the project?
• The longest duration path in a CPM schedule is called what?
• If a government project cost exceeds 50 million, what percentage is added as excess over the initial 50 million pesos?
• Which item is considered to reflect the quality of life in rural areas beyond basic services?
• What is defined as the discount rate at which the present value of the expected benefits equals the present value of the incurred costs?
• Which natural feature is explicitly listed as a potential environmental resource to consider in planning?
• What is the minimum professional license required to qualify as a CPES evaluator?
• Which statement best describes the requirement for EIS submission?
• What term defines when the activity would finish if it starts at ES?
• In feasibility study cost terms, land's opportunity cost should be included even if no financial outlay occurs; this belongs to which category?
• Which feasibility section focuses on effects like reductions in production costs, increases in yield, travel time reductions, and job creation?
• What is the threshold value of BCR considered acceptable for FS analyses?
• Which body spearheads initiatives for the growth of the construction industry through regulation, human resource capacity building, dispute resolution, and domestic and overseas program development?
• Which document serves as the IRR for the Philippine Environmental Impact Statement System?
• What term describes the lead agency and collaborating agencies implementing the project?
• Which policy instrument formally established the Philippine Environmental Impact System?
• In CPM, what is the term for the sequence of activities that determines the project completion time?
• The Future Supply-Demand Gap With the Project analysis describes a blueprint of activities to ensure that demand for the good or service will be met by providing the supply.
• Which method involves the review of how beneficiaries increased over time as a consequence of the introduction of a product or service?
• If an activity has ES = 4 days and duration = 6 days, what is EF?
• Which phase involves generating the project idea based on situation analysis, needs assessment, or public sector priorities?
• For Technology Commercialization proposals, which element must be included?
• Which category covers outflows for fixed assets, pre-operating expenses, and inventory?
• Which term best describes researchers who have developed a level of independence in their field?
• The Future Supply-Demand Gap Without the Project analysis asks whether the project could close the projected gap between future demand and supply.
• An activity has LF = 12 and duration = 4; what is LS?
• Which analysis is an essential tool in establishing a project's financial feasibility, sustainability, and success over its economic life?
• Which phase involves securing approval for implementation and arranging funding sources?
• Which option correctly states the four feasibility areas assessed in feasibility studies?
• In cash flow terms, which item represents inflows such as receipts?
• Which concept encompasses risks and uncertainties beyond the project’s control that should be formulated as positive statements?
• Which concept is used to adjust future cash flows to their present value in project analysis?
• Which term is most directly associated with minimizing overall costs of moving inputs to the plant and finished goods to markets?
• What is the main purpose of the project summary in feasibility studies?
• Which analysis yields information on expected shortages or surpluses in the supply by demand type, production sources, seasonal variations, or geographic locations?
• Implementation of project activities and monitoring of progress to ensure successful and timely completion of the project.
• Which term describes the resources required to fuel project activities?
• Which body is the independent inter-agency entity that is impartial, transparent and effective, with private sector representation guiding procurement policy?
• What is the minimum net worth/equity required to be categorized as an AAAA licensee?
• Which program aims to increase the production of quality corn and cassava for human consumption, feeds, and industrial uses?
• Which category is used for projects that address existing environmental problems and are not located in ECAs?
• Which phenomenon should be noted as a potential effect on population movement?
• Which type of research is undertaken primarily to acquire new knowledge about the underlying foundations of phenomena, with no specific application in view?
• Which term describes water resources listed in environmental considerations?
• Which term is illustrated by examples such as biomass used as fuel in production?
• Which analysis assesses whether a market exists for the project's output and to what extent?
• Which term refers to the demand for the product or service as input to the production of other goods and services?
• This phase involves choosing the most viable option to pursue under resource and time constraints.
• What term describes the series of steps between harvest and consumption?
• Which term is the latest time you can finish an activity without delaying the project finish?
• Which department leads the public expenditure management of government resources to ensure equitable, prudent, transparent, and accountable allocation for national development?
• Which term represents the set of assumptions about a project that, if true, influences its success?
• Which factor refers to the availability of resources necessary for project processing activities at a chosen site?
• Which program is focused on rice farming?
• Which section describes the impact of the POT to the community?
• Which impact category covers the commercialization of products and services and regional economic development?
• Upon completion projects, the maximum rating for workmanship is?
• Which organization approves the criteria used in CPES?
• Which is the Implementing Rules and Regulations for the Philippine Environmental Impact Statement System?
• Which section includes factors (variables), treatments, layout, experimental design, replications, and units?
• CPES is the system used to grade contractor performance for specific project types using criteria approved by NEDA-INFRACOM. What does CPES stand for?
• The minimum cost of FS preparation shall be which of the following?
• If EF = 20 and duration = 6, what is ES?
• Which option best represents the schedule baseline concept used for tracking project progress?
• In cash flow planning, which amount is computed from projected gross income to determine taxes owed annually?
• Which term denotes the total budget the project requests from the funding agency?
• Which budget category comprises the salary and wages of the research staff and the honoraria of the project leader and study leaders, and should constitute no more than 30 to 40% of the total PS + MOOE?
• Which factor indicates the best site is the one with minimal costs in transporting inputs to the processing plant and distributing products to the market?
• If land settlement or land reform is involved, which aspect should be shown?
• Which approach defines the relationship between demand for the project's output and a specific determinant using coefficients and standards?
• Which concept refers to the effect of a project on reinforcing social ties and building local communities?
• NPV equals zero indicates the break-even condition in project evaluation where which of the following holds?
• Which category includes non-ferrous metal industries, iron and steel mills, smelting plants, petroleum and petrochemicals?
• Which category includes researchers who have developed independence in their field?
• Which term refers to the expected technology or information?
• This financial metric represents the difference between the project's present value of benefits and costs over time.
• When itemizing traveling expenses, which information must be indicated?
• Which CPES rating category is used during the construction of horizontal projects to assess physical aspects?
• Which metric can be used to calculate the time required to recover the capital investment by simply dividing the net profit by the total investment costs?
• RA 12009 is commonly referred to as what?
• Proclamation No. 803 s. 1996 designates golf course projects as the subject of the proclamation. Which option correctly identifies the proclamation?
• Higher current assets generally indicate better what?
• An accounting process that spreads the costs of an asset over its economic life and tracks how it diminishes over time due to wear and obsolescence.
• How is the Goal defined in project planning?
• What term represents the earliest time an activity can begin without violating precedence relationships?
• Which CPM technique calculates the earliest starts (ES) and earliest finishes (EF) times for each activity?
• Which term is used to describe choosing a site based on patterns of demand across regions?
• What analysis method identifies which project risks have the most potential impact by correlating outcome variations with model element changes?
• Environmentally Critical Projects (ECPs) and Environmentally Critical Areas (ECAs) are identified to determine which requirement?
• What is the ultimate objective of the program to which the project contributes?
• Which health-related metric should be assessed in regions with deficiencies?
• What is the purpose of the Review of Literature?
• The Regular License is valid for how long?
• Which section describes the project components and the details and procedure to be followed in conducting the research, including factors, treatments, experimental design, replications, and analysis?
• Which statement best defines a program?
• What term is used to distinguish between permanent employment and employment during construction or investment phases?
• Which project management tool is used for the preparation, monitoring and evaluation of projects, and for analyzing the components of the project and the logical linkages between the means and ends?
• Who are the end users of the POT?
• What does ECAs stand for in environmental policy discussions?
• For the same technical process, different types of tools or equipment may be used.
• Which phase covers final selection of technology and equipment and comprehensive construction planning?
• Which term represents the set of measurable indicators used to judge achievement of objectives?
• What term describes the variations of a single product produced to create similar yet distinctly different products?
• The higher the ROE, the better the project is at converting equity financing into income.
• Which section includes the specific management of the experiment, such as land preparation, pest control, weed control, and fertilization?
• Which section outlines the four forms: Main Budget Summary, Worksheet Details for Personnel Services, Maintenance and Other Operating Expenses, and Equipment Outlay?
• Which costs are included in Potential Intellectual Property?
• Which of the following is listed as a MOOE item?
• What is the term for the combined analysis of past and present supply and demand used to identify the total current shortage and affected areas?
• What term refers to the site where the project will be constructed or established?
• Which metric shows how much an activity can slip (delay) without delaying the project finish?
• Which section defines the general and specific aims of the project?
• Which item is used in cash flow planning to assess long-term financial viability and sustainability?
• Which term is the latest time you can start an activity without delaying the project finish?
• What is the purpose of the PCAB license in the construction industry?
• It is the single centralized electronic portal that serves as the primary and definitive source of information on government procurement.
• Under PCAB classifications, which category would generally cover an agricultural building?
• If EF = 15 and duration = 5, what is ES?
• Which ratio is described as the relationship between total assets and current liabilities if a revenue-generating project can pay off its short-term obligations?
• Which financial document traces inflows (receipts) and outflows (expenditures) for both pre-operational and operational phases?
• The quality, quantity and type of construction materials including asphalt and ready-mixed concrete, and components supplied by entities other than the constructors as required in the contract is referred to as?
• Which term describes the selection of a construction location based on the demands of the project?
• Which category requires a Certificate of Non-Coverage?
• Receivables, payables, and stocks are collectively described as part of which financial category?
• As an ABE assigned to implement a new project, what is your first step in the project development process?
• Which item indicates the proposed start and completion dates of the project?
• Which term describes the constructor's ability to deploy on time, based on the approved CPM/program of work and the required facilities and resources such as materials, equipment in good running condition and manpower?
• Taxes, subsidies, and duties are excluded since they don't change the availability of real resources; which term describes these payments?
• Which statement about CPES guidelines is true?
• In the standard FS evaluation form, how many points are allotted for financial, socio-economic, market, and management feasibility?
• Which organization is referred to as the Construction Industry Authority of the Philippines (CIAP)?
• Which term describes demand for services that have no market prices and would depend on the fiscal capacity of the public sector?
• Which term designates the desire to buy a product or service by an individual or household to satisfy requirements such as basic food commodities like vegetables, livestock, and fishery products?
• Which phase assesses a project’s market, technical, financial, socio-economic, and management merits and prioritizes the best option given resources and time?
• Which document outlines the scope of work, specifications, and qualification requirements used by bidders?
• Under MOOE, which item covers mailing and telephone/fax/cellphone bills?
• A BCR equal to 1 indicates what about the present value of benefits and costs?
• Which factor describes how the availability of resources required by the project affects location choices?
• Which of the following is NOT a PCAB contracting classification?
• During construction of horizontal projects, what is the maximum CPES rating for facilities according to the guidelines?
• Which concept relates to environmental, safety, and health considerations in a project?
• Which ratio is calculated by dividing net income by shareholders' equity?
• Which term describes researchers at an early stage of their research career in a university, including doctoral candidates who conduct research under the supervision of a principal investigator?
• Which program accelerates the development of the poultry and livestock sector?
• What does the PD 1746 license authorize a domestic construction firm to do?
• Which method is used to estimate demand by aggregating submarket demands through a ratio-based approach?
• In budgeting, which item designates extra funds to cover unforeseen costs?
• In assessing a project’s health and nutrition impacts, which area should be prioritized in regions with deficiencies?
• Which term identifies the Lead Agency (the research center or institution) and collaborating agencies implementing the project?
• Past expenditures such as land already acquired should be excluded unless they have an alternative use; this concept is known as what?
• Which study determines the costs that will be incurred in producing project outputs?
• Which term refers to the geographic area where the project will be conducted?
• Which section evaluates the economic viability and socio-economic impact, including factors such as yield, income, and employment attributed to the project?
• What is the minimum work experience requirement for an individual to qualify as a CPES evaluator?
• RA 12009 is known as the New Government Procurement Act.
• The concept of bringing future values to present worth using the time value of money is called?
• Which analysis yields information on shortages or surpluses by demand type, production source, seasonal variations, or geographic locations?
• As a primary aspect of the Philippine Government's public procurement reform agenda, which body is an independent inter-agency board with private sector representation?
• Which study estimates the minimum maintenance and operating costs that may affect project costs?
• Which section describes the personnel and material resources needed by the project, including budget forms?
• Which method involves estimating total demand by disaggregating into components and aggregating them using ratios?
• Which analysis investigates whether the gap between supply and demand is consistently increasing over time?
• To avoid double counting in economic analysis, which component is typically not included?
• Which term refers to the place or area where the project will be conducted?
• Which technique uses optimistic, pessimistic, and most likely estimates to estimate project duration when there is uncertainty?
• Administrative costs shall be a percentage of the PS + MOOE. What percentage is specified?
• Which type of demand refers to services that have no market prices and would depend on the fiscal capacity of the public sector?
• Projects which do not involve the supply of construction materials, what is the maximum rating for facilities based on the CPES guidelines?
• Which concept refers to the amount of time an activity can be delayed without affecting the project's overall completion date?
• Which term indicates the financial requirement of the project in Philippine peso?
• What term refers to the official and distinctive name of the project that describes the main theme of the proposed study?
• Which term refers to the basic inputs like biomass that fuel production processes?
• What is the document called where a bidder declares under oath that all information and documents submitted in a bidding process are true and correct and comply with applicable legal requirements?
• Which analysis is used to itemize major costs and identify estimation errors in budgeting?
• What term describes a consumer's need to purchase goods and services and willingness to pay at a certain price for that specific good and service?
• Which concept measures the extent to which the income of the poorest rural population improves as a result of the program?
• Day-to-day activities necessary for the building/built structure, its system and equipment, and occupants/users to perform their intended function.
• Which metric compares the present value of benefits and costs to assess economic value?
• Which method involves the collection of historical demand data for a number of years, the rate of growth of demand during the past years is extrapolated, and is used to project the future demand over a period of time?
• Which category requires an Environmental Certificate (ECC) for projects located in environmentally critical areas (ECAs)?
• Which category requires a project description rather than an ECC?
• Which phase focuses on identifying the project idea based on analysis and public sector priorities?
• Which document provides a snapshot of the financial position with assets, liabilities, and equity?
• Which term refers to an event or circumstance whose occurrence is assumed to contribute to the project's success?
• What does the acronym NUPAP stand for?
• Environmental Impact Assessment is intended to evaluate impacts during which project phases?
• An activity has LF 15 and duration 5; what is LS?
• Which document capsulizes the project and its financial and economic feasibility?
• Which analysis assesses potential environmental impacts and ensures protective measures are undertaken?
• Which component identifies the sources of data used to prove indicators are met?
• What method is used to estimate the minimum project duration and determine the amount of schedule flexibility on the logical network paths within the schedule model?
• Which statement best defines a project?
• In preparing the ABC, a contractor's profit margin shall be how many percent of the EDC for projects above 5 million and how many for projects 5 million and below?
• Which type of projects are categorized as Infrastructure Projects in the context of large-scale development initiatives?
• Traveling expenses include which payments or allowances?
• Which term refers to an uncertain event or condition whose occurrence could negatively affect the project?
• Which document is commonly submitted under oath by bidders to affirm the truthfulness of information?
• In cost estimation, physical and price contingencies are added, but price is excluded in constant terms; this refers to which cost category?
• How long is a Special License valid?
• Which sectors are included in Resource Extractive Industries?
• Which accounting concept spreads the cost of an asset over its useful life and records wear or obsolescence?
• Which plan specifies the product that the project aims to deliver?
• Which section itemizes the detailed activities to be undertaken for the whole duration of the project?
• Which analysis involves identifying major cost items, estimating these costs, and identifying potential sources of estimation errors?
• Which method involves quantifying the functional relationship between demand and determinants such as population, income, or prices?
• As part of the investment, which item is usually added to the total project cost?
• Which term denotes the Implementing Agency?
• Which statement about a Regular License is accurate?
• Which concept is used to adjust future cash flows to their present value in project analysis?
• Which indicator should be examined when considering education, housing, water supply, and recreation in rural life?
• In evaluating FS, what is the acceptable value of the BCR for financial and economic analyses?
• Which assessment evaluates the project's appropriateness in terms of its net contribution to the economic and social welfare of the country as a whole?
• Which document is described as the culmination report of all preparatory work, providing a comprehensive review before a final decision about implementation is made?
• Which type of research is aimed at applying results to practical use and societal benefit?
• Which financial statement shows revenues and expenses to calculate net profit?
• CPES evaluates the performance of a constructor for specific kinds of projects using criteria approved by NEDA-INFRACOM. Which statement best describes CPES's purpose?
• Which plan focuses on financial, organizational, and socioeconomic aspects to ensure the sustainability of the project upon completion?
• For development or non-revenue generating projects, which analysis is required to be viable and will be given full points if it satisfies all the viability indicators?
• Which project aims to promote, propagate, further develop, and implement the practice of Organic Agriculture in the country?
• What financial metric describes the relationship between the present value of expected benefits and incurred costs?
• Which study focuses on understanding the current market dynamics and behavior in terms of demand, distribution, price, and expected outputs?
• Which act provides for modernization, standardization and regulation of the procurement activities of the government and for other purposes?
• What term refers to the series of procedures/tasks within a given time frame to transform raw material into a product or service?
• Which CPM technique is used to determine the latest start and latest finish times for activities?
• Which phase involves preparation of the proposal including preliminary design addressing technical and operation aspects?
• What is the primary purpose of the Logical Framework?
• Periodic review of a project with feedback for the next project cycle.