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Question 1

A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:

Options :

A : Cost Plus Incentive Fee (CPIF).

B : Fixed Price Incentive Fee (FPIF).

C : Cost Plus Award Fee (CPAF).

D : Fixed Price with Economic Price Adjustment (FP-EPA)

Answer: B

Question 2

When resolving a conflict what method would normally result in one side winning and the other side losing?

Options :

A : Forcing

B : Avoiding

C : Smoothing

D : Collaboration

Answer: A

Question 3

Which component of the human resource management plan describes when and how project team members

are acquired and how long they will be needed?

Options :

A : Resource breakdown structure

B : Staffing management plan

C : Project organizational chart

D : Scope management plan

Answer: B

Question 4

The process of developing a detailed description of the project and product is known as:

Options :

A : Create WBS.

B : Verify Scope.

C : Collect Requirements.

D : Define Scope.

Answer: D

Question 5

What output of the Conduct Procurements process is also an input to the Control Procurements process?

Options :

A :

Agreements

B : Change requests

C : Source selection criteria

D : Bid documents

Answer: B