Which of the following estimating types takes the least amount of time to prepare?

A. Analogous
B. Parametric
C. Engineering
D. Bottom up

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You are halfway through your project and your sponsor would like to know how much the project is expected to cost when it is completed. What earned value metric should you use?

A. CV
B. AC
C. EAC
D. ETC

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Sally, made a testing error that cost the project several thousand dollars and a week delay. However, when the project sponsor learned of the mistake, he tells everyone that it must have been caused by something else because Sally is always careful. This is an example of:

A. Halo effect
B. Theory X
C. Theory Y
D. Motivation agent

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While interviewing for a new job, the hiring manager tells you that there are perquisites tied to the position. Based on what you know about these benefits, these could include any of the following except:

A. Company car
B. Health plan
C. Office with windows
D. Use of executive cafeteria

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Which of the following is an example of Herzberg’s Theory’s hygiene factors?

A. Career path within the company
B. Increased salary
C. Increased responsibility
D. Getting along with executives

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While building a new community park, you hired a contractor to complete a small visitor center that includes restrooms, a snack shop, and bulletin boards. You agreed to a fixed price contract payable upon completion of their deliverable. Midway through the project, they contractor informs you that the economy has affected their bottom line and they could use some funds upfront to pay their subcontractors. Which is the following is the best thing for you to do?

A. Insist that you agreed to pay upon completion and are not willing to violate the contract.
B. Negotiate a change to the payment conditions.
C. Pay the contractor for the work accomplished to date.
D. Start the search for another contractor.

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A change request should be initiated when any of the following occur except when there is:

A. A different resource is assigned to a task.
B. An error in defining the scope of the product.
C. An error in defining the scope of the project.
D. An new government regulation.

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Processes in the Initiating process group are:

A. Develop Project Charter, Identify Stakeholders
B. Develop Project Charter, Develop Preliminary Scope Statement
C. Develop Project Management Plan, Identify Stakeholders
D. Develop Project Management Plan, Plan Communications, Identify Stakeholders

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When hiring a supplier with a time and material contract, one concern to be aware of is:

A. Supplier is not motivated to reduce cost
B. You must have clear scope
C. There is usually an increase in change orders
D. Work can be incomplete or sloppy if they fall behind

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When hiring a supplier with a fixed price contract, one concern to be aware of is:

A. Supplier is not motivated to reduce cost
B. Work can be incomplete or sloppy if they fall behind
C. It is only appropriate for small projects
D. Total project cost is unknown

Answer:

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