40. Question : Negotiation is a process that deals with the following variables:

Question

40.

Question :

Negotiation is a process that deals with the following variables:

Student Answer:

Quantity and quality

Time

Price

All of the above

None of the above

41.

Question :

In an "invitation for bids", the client should typically do all of the following except:

Student Answer:

Create a clear and concise description of the product or service required

Open the bid to all potential qualified suppliers

Establish the desired price

Set closing dates for submitting bids

42.

Question :

One of the following is the correct order for the steps in the contracting process:

Student Answer:

Requisition cycle, requirement cycle, solicitation cycle, award cycle, contractual cycle

Requirement cycle, requisition cycle, solicitation cycle, award cycle, contractual cycle

Requirement cycle, requisition cycle, award cycle, solicitation cycle, contractual cycle

Requisition cycle, requirement cycle, award cycle, solicitation cycle, contractual cycle

43.

Question :

The contractor will least likely control costs in the following contract type:

Student Answer:

Time and materials

Firm-fixed price

Cost plus percentage of cost

Purchase order

44.

Question :

The contractor will most likely control costs in the following contract type:

Student Answer:

Cost plus percentage of cost

Time and materials

Firm-fixed price

Fixed-price incentive firm target

45.

Question :

The client is at the most risk of absorbing excessive cost overruns with the following contract type:

Student Answer:

Firm-fixed price

Time and materials

Cost plus percentage of cost

Fixed-price incentive firm target

46.

Question :

When talking face-to-face, different cultures will be at different distances from the other person, varying from a couple of feet to as close as under a foot. This area of communication can be important to cross-cultural communication and is known as:

Student Answer:

Posturing

Personal space dynamics

Linguistics

Proxemics

47.

Question :

Critical chain project management extends the critical path and adds value to project management:

Student Answer:

True

False

48.

Question :

The following factor contributes to enhanced communications for the project team communication:

Student Answer:

Smoothing over of team conflicts by the project manager

Performance appraisals

External feedback

Co-location

49.

Question :

When working in an International arena, one may encounter a cultural practice of talking about family, hobbies, weekend adventures, children before getting to the business at hand. This cultural practice is known for the following characteristic:

Student Answer:

High context

Low context

Expressiveness

Friendliness

50.

Question :

When closing out a project and looking at lessons learned, it is important to review the:

Student Answer:

WBS dictionary

Team members' resumes

Secondary risks that occurred

Checklists for risk identification

40.

Question :

Negotiation is a process that deals with the following variables:

Student Answer:

Quantity and quality

Time

Price

All of the above

None of the above

41.

Question :

In an "invitation for bids", the client should typically do all of the following except:

Student Answer:

Create a clear and concise description of the product or service required

Open the bid to all potential qualified suppliers

Establish the desired price

Set closing dates for submitting bids

42.

Question :

One of the following is the correct order for the steps in the contracting process:

Student Answer:

Requisition cycle, requirement cycle, solicitation cycle, award cycle, contractual cycle

Requirement cycle, requisition cycle, solicitation cycle, award cycle, contractual cycle

Requirement cycle, requisition cycle, award cycle, solicitation cycle, contractual cycle

Requisition cycle, requirement cycle, award cycle, solicitation cycle, contractual cycle

43.

Question :

The contractor will least likely control costs in the following contract type:

Student Answer:

Time and materials

Firm-fixed price

Cost plus percentage of cost

Purchase order

44.

Question :

The contractor will most likely control costs in the following contract type:

Student Answer:

Cost plus percentage of cost

Time and materials

Firm-fixed price

Fixed-price incentive firm target

45.

Question :

The client is at the most risk of absorbing excessive cost overruns with the following contract type:

Student Answer:

Firm-fixed price

Time and materials

Cost plus percentage of cost

Fixed-price incentive firm target

46.

Question :

When talking face-to-face, different cultures will be at different distances from the other person, varying from a couple of feet to as close as under a foot. This area of communication can be important to cross-cultural communication and is known as:

Student Answer:

Posturing

Personal space dynamics

Linguistics

Proxemics

47.

Question :

Critical chain project management extends the critical path and adds value to project management:

Student Answer:

True

False

48.

Question :

The following factor contributes to enhanced communications for the project team communication:

Student Answer:

Smoothing over of team conflicts by the project manager

Performance appraisals

External feedback

Co-location

49.

Question :

When working in an International arena, one may encounter a cultural practice of talking about family, hobbies, weekend adventures, children before getting to the business at hand. This cultural practice is known for the following characteristic:

Student Answer:

High context

Low context

Expressiveness

Friendliness

50.

Question :

When closing out a project and looking at lessons learned, it is important to review the:

Student Answer:

WBS dictionary

Team members' resumes

Secondary risks that occurred

Checklists for risk identification

Explanation / Answer

40. All of the above
41. Establish the desired price
42. Requirement cycle, requisition cycle, solicitation cycle, award cycle, contractual cycle
43. Firm-fixed price
44. Time and materials
45. Cost plus percentage of cost
46. Proxemics
47. True
48. Co-location
49. Low context
50. WBS dictionary

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