PDM_2002001060 CPM

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Showing 10–12 of 15 questions

Question 10

The equivalent of a cost reimbursable contract is frequently termed:

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  • back-charge contract.

  • fixed price contracts.

  • progress payment contract.

  • cost plus contract.

Question 11

The risk contingency reserve is identified in which process?

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  • Estimate activity duration.

  • Estimate costs.

  • Determine cost baseline.

  • Estimate activity resources.

Question 12

The project is delayed and according to the customer contract, Nokia is due to pay a penalty. What is the recommended approach?

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  • Accept the customer penalty and apply for compensation from an insurance company.

  • Renegotiate the contract.

  • Contract change process.

  • Claim strategy and understanding of contractual obligations.