Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?


A. Cost Plus Incentive Fee (CPIF)
B. Fixed Price Incentive Fee (FPIF)
C. Cost Pius Award Re (CPAF)
D. Time and Material (T&M)

A logical relationship in which a successor activity cannot start until a predecessor activity has finished is known as:


A. Start-to-start (SS).
B. Start-to-finish (SF).
C. Finish-to-start (FS).
D. Finish-to-finish (FF).

Which tool or technique is used in the Perform Integrated Change Control process?


A. Decomposition
B. Modeling techniques
C. Resource optimization
D. Meetings

Which tool or technique is used in the Estimate Costs process?


A. Acquisition
B. Earned value management
C. Vendor bid analysis
D. Forecasting

A company is running two projects with different priorities and timelines. The project charter for project A has been approved, and the project is on schedule. One of the stakeholders requests that project Bs requirements be included in project A.
What should the project manager do?


A. Submit a change request to the change control board (CCB).
B. Obtain management approval.
C. Perform an impact analysis on the scope and schedule.
D. Update the project management plan.

Team members on a life cycle replacement project are accustomed to frequently changing requirements even without formal approval.
What should the project manager do?


A. Review the configuration management plan to identify what items will be changed and the frequency of the changes.
B. Develop and implement a change management plan to define how changes will be addressed and controlled.
C. Ask the project sponsor to provide direction to the project team with regard to the frequency of any changes to requirements.
D. Review the cost baseline with team members, and ask that any changes to requirements with cost are captured.

During a projects execution phase, the customer insists on additions to product requirements.
What should the project manager do first?


A. Communicate the impact of the new additions to the customer.
B. Incorporate the additions into the schedule and submit a revised baseline to the customer.
C. Determine if the additions can be accommodated within the current cost and schedule baseline.
D. Analyze the impact and submit a change request to the change control board (CCB).

A customer demands several project scope updates, but the implementation team is working on task execution based on the project management plan. The project manager uses negotiation skills to obtain formal approval of these demands and have them
communicated.

What is the project manager trying to avoid by doing this?


A. Project changes
B. Product rework
C. Scope creep
D. Budget overrun

The basis of identification for current or potential problems to support later claims or new procurements is provided by:


A. A risk urgency assessment.
B. The scope baseline.
C. Work performance information.
D. Procurement audits.

Processes in the Planning Process Group are typically carried out during which part of the project life cycle?


A. Only once, at the beginning
B. At the beginning and the end
C. Once during each phase
D. Repeatedly