Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Cost Plus Award Fee Contract (CPAF)
B. Firm-Fixed -Price Contract (FFP)
C. Time and Material Contract (TandM)
D. Cost Plus Incentive Fee Contract (CPIF)
Which characteristics do effective project managers possess?
A. Project management knowledge, performance skills, and personal effectiveness
B. Preparedness, project management knowledge, and personality characteristics
C. General management, preparedness, and project management knowledge
D. Assertiveness, collaboration, and performance skills
Risk exists the moment that a project is:
A. planned.
B. conceived.
C. chartered.
D. executed.
Who determines which dependencies are mandatory during the Sequence Activities process?
A. Project manager
B. External stakeholders
C. Internal stakeholders
D. Project team
The project has a current cost performance index of 0.80. Assuming this performance wi continue, the new estimate at completion is $1000. What was the original budget at completion for the project?
A. $800
B. $1000
C. $1250
D. $1800
y cost estimates are quantitative assessments of the probable costs required to:
A. Create WBS.
B. complete project work.
C. calculate costs.
D. Develop Project Management Plan.
The item that provides more detailed descriptions of the components in the work breakdown structure (WB5) is called a WBS:
A. dictionary.
B. chart.
C. report.
D. register.
How should a stakeholder who is classified as high power and low interest be grouped in a power/interest grid during stakeholder analysis?
A. Keep satisfied
B. Keep informed
C. Manage closely
D. Monitor
Who is responsible for initiating a project?
A. Project sponsor
B. Project manager
C. Program manager
D. Project management office (PMO)
Which type of diagram includes groups of information and shows relationships between factors, causes, and objectives?
A. Affinity
B. Scatter
C. Fishbone
D. Matrix
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