BCS ISEB-PM1 Quiz 9 Topic 11 Questions 41-45

Question: 1

What is one of the KEY objectives during contract negotiations?

AObtain a fair and reasonable price.

BNegotiate a price under the seller's estimate.

CEnsure that all project risks are thoroughly delineated.

DEnsure that an effective communications management plan is established.

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Question: 2

Risk Event Status is defined as ________.

ABoth 1) the severity of the consequences, and 2) how likely the event is to occur with risk.

B(Cost + Benefit + Business Risk) / Insurable Risk.

Chow likely the event is to occur with risk.

DRisk Probability x Amount At Stake.

Ethe severity of the consequences.

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Question: 3

Power games, withholding information, and hidden agendas are examples of ___________.

Amixed messages

Bindirect communication

Cnoise

Dcommunication barriers

EAll of the other alternatives apply

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Question: 4

You are the project manager for Xylophone Phonics. This company produces children's software programs that teach basic reading and math skills. You are ready to assign project roles, responsibilities, and reporting relationships.

Which project Planning process are you working on?

AHuman Resource Acquisition

BAcquire Staff

CHuman Resource Planning

DResource Planning

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Question: 5

A ________ estimate prepared from layouts, sketches and flowsheets, should be accurate within (-10, +25%).

AParametric

BBottom up.

CBudget

DTop down.

EDefinitive.

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BCS ISEB-PM1 Quiz:9 Topic:11 Questions:41-45