Feasibility Report, Planning & Implementation MCQs With Answer

Introduction:

Feasibility Report, Planning & Implementation MCQs With Answer is designed for M.Pharm students preparing for entrepreneurship management and project development. This quiz collection focuses on evaluating core concepts required to assess project viability, design comprehensive business and technical plans, and implement pharmaceutical projects under regulatory and quality constraints. Questions cover market and financial feasibility, technical and operational planning, risk analysis, scheduling tools, and monitoring mechanisms. Each MCQ is tailored to the pharmaceutical context—covering GMP, regulatory approvals, pilot batches, cost estimates, and implementation timelines—helping students build practical decision-making skills essential for setting up or managing pharmaceutical ventures.

Q1. What is the primary purpose of a feasibility report in the context of a pharmaceutical project?

• To serve as the final regulatory submission to authorities
• To evaluate the viability, risks, and potential returns of a proposed project
• To describe the marketing strategy only
• To detail daily operational SOPs for production staff

Correct Answer: To evaluate the viability, risks, and potential returns of a proposed project

Q2. Which section of a feasibility report should present projected cash flows, break-even analysis, and financial ratios?

• Market feasibility
• Technical feasibility
• Financial feasibility
• Organizational feasibility

Correct Answer: Financial feasibility

Q3. In pharmaceutical project planning, what does GMP compliance primarily ensure?

• Lower production costs through automation
• Consistent product quality, safety, and regulatory compliance
• Faster market approval without documentation
• Competitive pricing strategies

Correct Answer: Consistent product quality, safety, and regulatory compliance

Q4. Which feasibility analysis examines whether required equipment, facilities, and technology are available or can be developed?

• Market feasibility
• Technical feasibility
• Financial feasibility
• Legal feasibility

Correct Answer: Technical feasibility

Q5. During implementation planning, what is the main benefit of creating a Gantt chart?

• Predicting market share after launch
• Visualizing timeline, task sequencing, and resource allocation
• Determining legal requirements for GMP
• Estimating raw material quality

Correct Answer: Visualizing timeline, task sequencing, and resource allocation

Q6. In a feasibility study for a new tablet manufacturing plant, which analysis helps determine the scale of production that minimizes unit cost?

• SWOT analysis
• Break-even and economies of scale analysis
• Regulatory gap analysis
• Organizational structure analysis

Correct Answer: Break-even and economies of scale analysis

Q7. Which tool is most appropriate to analyze the sequence of critical activities and calculate the project completion time?

• SWOT matrix
• PERT/CPM (Program Evaluation Review Technique / Critical Path Method)
• Porter’s Five Forces
• Histogram of batch yields

Correct Answer: PERT/CPM (Program Evaluation Review Technique / Critical Path Method)

Q8. In feasibility reporting, sensitivity analysis is used to:

• Identify the legal framework for product registration
• Assess how changes in key assumptions affect project outcomes
• List raw material suppliers
• Define the organizational hierarchy

Correct Answer: Assess how changes in key assumptions affect project outcomes

Q9. Which component of implementation planning ensures stepwise validation of processes before full-scale production?

• Pilot batches and process validation
• Market segmentation
• Financial auditing
• Vendor scorecards only

Correct Answer: Pilot batches and process validation

Q10. What is the role of the project charter in pharmaceutical project implementation?

• To provide detailed SOPs for laboratory QC tests
• To formally authorize the project, define scope, objectives, stakeholders, and authority
• To replace the feasibility report after approval
• To serve as marketing collateral

Correct Answer: To formally authorize the project, define scope, objectives, stakeholders, and authority

Q11. Which risk assessment technique focuses on identifying causes, effects, and controls for potential failures in pharmaceutical processes?

• SWOT analysis
• Failure Mode and Effects Analysis (FMEA)
• Balanced scorecard
• Monte Carlo simulation only

Correct Answer: Failure Mode and Effects Analysis (FMEA)

Q12. For regulatory feasibility, which activity must be assessed early in the planning stage for a new drug product?

• Availability of contract manufacturing solely
• Required clinical/ non-clinical data, dossier requirements and timelines for regulatory approval
• Design of the corporate logo
• Employee cafeteria menu

Correct Answer: Required clinical/ non-clinical data, dossier requirements and timelines for regulatory approval

Q13. In financial evaluation, which metric measures the present value of future cash flows minus initial investment and is critical in investment decision-making?

• Payback period
• Net Present Value (NPV)
• Working capital turnover
• Gross margin percentage

Correct Answer: Net Present Value (NPV)

Q14. What is the importance of establishing key performance indicators (KPIs) during implementation?

• They replace quality audits
• They measure progress, quality, compliance, and help in corrective actions
• They are only required for marketing teams
• They focus solely on reducing headcount

Correct Answer: They measure progress, quality, compliance, and help in corrective actions

Q15. Which of the following best describes the purpose of a pilot plant in pharmaceutical implementation?

• To finalize corporate branding
• To scale up laboratory methods, validate processes, and gather data for full-scale production and regulatory submissions
• To conduct market surveys
• To replace stability studies

Correct Answer: To scale up laboratory methods, validate processes, and gather data for full-scale production and regulatory submissions

Q16. When preparing a feasibility report, why is competitor analysis important in the pharmaceutical market?

• It guarantees immediate market monopoly
• It helps identify market gaps, pricing pressures, and differentiation strategies
• It substitutes the need for clinical trials
• It determines the color of packaging

Correct Answer: It helps identify market gaps, pricing pressures, and differentiation strategies

Q17. During implementation, what is the purpose of a milestone review?

• To increase raw material inventory indiscriminately
• To assess progress at predefined points, validate assumptions, and decide go/no-go for next stages
• To finalize employee salaries
• To avoid any regulatory interactions

Correct Answer: To assess progress at predefined points, validate assumptions, and decide go/no-go for next stages

Q18. Which element in a feasibility report addresses environmental, health and safety (EHS) considerations for pharmaceutical operations?

• Technical feasibility only
• Operational and legal/regulatory feasibility including EHS impact assessment
• Marketing feasibility only
• Financial feasibility without permits

Correct Answer: Operational and legal/regulatory feasibility including EHS impact assessment

Q19. In project scheduling, what is “float” (or slack) and why is it useful?

• Float is the budget reserve and is used only for procurement
• Float is the allowable delay for a task without affecting project end date, useful for resource optimization and risk handling
• Float is the number of team members on leave
• Float is the inventory turnover ratio for raw materials

Correct Answer: Float is the allowable delay for a task without affecting project end date, useful for resource optimization and risk handling

Q20. Which document is essential during implementation to ensure repeatable quality outcomes and regulatory compliance in routine production?

• Informal email instructions
• Standard Operating Procedures (SOPs) and batch production records
• Only marketing brochures
• Employee performance appraisals

Correct Answer: Standard Operating Procedures (SOPs) and batch production records

Download