in a contract, the point of total assumption refers to the point where:

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• 1fixed-price and incentive-type contracts place responsibility for performance and financial risks associated with delay or non-performance onthe:

  A.buyer

  B.third party

  C.contractor

  D.all of the above

  E.none of the above

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• 2documented work authorization provide:

  A.a means of effective internal coordination of the project's activities.

  B.an audit trail of all work authorized from project initiation to completion.

  C.a means for communication of work activity between the project manager and the performing activities.

  D.all of the above

  E.a and b only.

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• 3assume that you have a network where an activity on the critical path can be crashed by two weeks. if the activity is actually crashed by twoweeks, then:

  A.the project's schedule will be reduced by 2 weeks.

  B.the available slack on the noncritical paths will increase.

  C.a new critical path may appear after the crash.

  D.all of the abov

  E.E.a and b only.

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• 4your team has prepared a cpm schedule for your review. you notice that one node has six inputs (including two dummy activities) and fouroutputs (which include one dummy activity). select the correct statement from the following:

  A.this is a valid representation if the logic is correct.

  B.this is invalid because a node can have a maximum of one dummy input representation if the logic is correct.

  C.this is invalid because nodes cannot have both dummy inputs and dummy outputs.

  D.this is a invalid because the number of outputs must equal the number of inputs.

  E.this is invalid because a maximum of two inputs and two outputs are allowed using the critical path method.

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• 5the salvage value of an asset is:

  A.the value of the scrap metal if a new asset were taken to a scrap yard.

  B.the value that an asset has on the books after one year of depreciation.

  C.the costs that have been sunk into the project to date.

  D.B.the value that an asset has on the books after one year of depreciation.C.the costs that have been sunk into the project to dat

  E.D.the expected cash value at the end of an assets useful life.E.a and d only.

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• 6in a matrix organizational form, mbo may be difficult to implement:

  A.if the functional employees are supervised closely by the line manager rather than the project manager

  B.unless the project manager has an input into the employee's performance review

  C.unless the project and line managers agree on the ultimate objective

  D.unless the project and line managers agree to the duration of the task

  E.none of the above are correct answers

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• 7quality assurance

  A.refers to the prevention of product defects

  B.is an auditing function that provides feedback to the project team and client about the quality of output being produced.

  C.is the technical process that include the construction of control charts which specify acceptability limits for conforming output.

  D.C.is the technical process that include the construction of control charts which specify acceptability limits for conforming output.D.a and b.

  E.b and c

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• 8which of the following communication media is least accepted by organizations、

  A.tactile

  B.audio

  C.extrasensory

  D.visual

  E.olfactory

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• 9formal written communication is mandated for which of the following、

  A.scope changes not part of the original project

  B.taking exception to a specification

  C.procurement of raw materials

  D.all of the abov

  E.E.a and b only

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• 10in performing an impact analysis, the most effective tool to ensure all risks are identified on large projects is the:

  A.work breakdown structure

  B.milestone review and schedule technique

  C.cost/schedule control system

  D.planning programming budget system

  E.program and evaluation review technique

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