job continuity would be an example of （    ） in maslow's hierarchy of needs.

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• 1company expenses such as auditing costs, supervision, office supplies, building rent and maintenance are elements of the:

  A.capital budgeting process.

  B.overhead rates.

  C.contracts and administration costing system.

  D.fringe benefits packages.

  E.none of the above.

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• 2back charges refers to:

  A.transferring charges from sub-contractors to the owner

  B.adjusting payments to reflect late invoices consequence

  C.the cost of corrective action taken by the owner and charged to the contractor for non-conformance

  D.gaining restitution from the owner for non payment

  E.c and d only

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• 3which of the following is equivalent to a lump sum contract:

  A.fixed price contract

  B.price fixing contract

  C.purchase order

  D.all of the abov

  E.E.b and c only

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• 4the utility of a risk seeker is:

  A.negatively exponential

  B.positively skewed

  C.increasing

  D.decreasing

  E.symmetrical

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• 5management reserves are normally defined as a % of the total budget. as a project progresses, the project manager wants the $ value ofmanagement reserve to （    ）, whereas the customer wants the management reserve to （    ）.

  A.increase, increase.

  B.increase, decrease.

  C.decrease, decrease.

  D.decrease, increas

  E.E.remain the same, return to customer.

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• 6overlapping activities on a project, such as design and construction, is referred to as:

  A.fast tracking

  B.risk conversion.

  C.parallel management.

  D.process improvement.

  E.synchronous manufacturing

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• 7the major reason why a project manager would use written instead of oral communication is:

  A.documentation

  B.feedback

  C.cost

  D.barrier elimination

  E.all of the above.

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• 8the scope management provides:

  A.a basis for future decisions about the project.

  B.a baseline to accomplish verification measures.

  C.a baseline to evaluate potential scope changes.

  D.all of the abov

  E.E.b and c only.

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• 9total project risk can be defined as:

  A.the sum of the probabilities of project risks events times the sum of consequences of those risks

  B.the sum of the products of each project risk event times its consequences

  C.the sum of the consequences of all project risk events

  D.the sum of the probabilities of all project risk events

  E.1 - the sum of the probabilities of all project risk events.

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• 10which of the following statements about the cost of quality are true、

  A.the cost of quality is the expense of nonconformance to requirements and specifications.

  B.the cost of quality are mostly the direct responsibility of workers who are manufacturing the product.

  C.quality control programs should be implemented when the cost of quality are deemed affordable by management.

  D.a and b.

  E.a and c

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