Question 1

Project contracts generally fall into which of the following three broad categories?

Options :

A : Fixed-price, cost reimbursable, time and materials

B : Make-or-buy, margin analysis, fixed-price

C : Time and materials, fixed-price, margin analysis

D : Make-or-buy, lump-sum, cost-plus-incentive

Answer: A

Question 2

The Japanese Quality Control (QC) Circle movement motivated its participants in many ways. Which of the following represents the most important motivation for the QC circle participants?

Options :

A : strengthening of relationships between co-workers

B : recognition among co-workers

C : self-improvement

D : improving the performance of the company

E : financial incentives

Answer: D

Question 3

What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?

Options :

A : Organizational process assets

B : Enterprise environmental factors

C : Project management processes

D : Project scope management plan

Answer: A

Question 4

What tool and technique includes all costs incurred over the life of a product by investment in preventing nonconformance to requirements?

Options :

A : Cost of quality

B : Measure of design

C : Statistical control

D : Systematic analysis

Answer: A

Question 5

What are assigned risk ratings based upon?

Options :

A : Root cause analysis

B : Assessed probability and impact

C : Expert judgment

D : Risk Identification

Answer: B

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