Question 1

External workshop moderators have all the following advantages except:

Options :

A : Big projects justify an external moderator

B : External moderators are in a better position to perform workshop follow-up

C : External moderators are a member of the project team

D : External moderators can be objective in the implementation of the risk workshop

Answer: C

Question 2

Two essentials for an effective project control baseline are _________________ .

Options :

A : Cash flow and the estimate

B : A resource‐loaded schedule and value engineering plan

C : The schedule and budget

D : The Actual Cost of Work Performed (ACWP) and an updated schedule

Answer: C

Question 3

_______________ are associated with an asset and extend the cost management information beyond the acquisition (creation) of the asset to the use and disposal of the asset.

Options :

A : Life-Cycle Costs (LCC)

B : Indirect Costs

C : Fixed Costs

D : Variable Costs

Answer: A

Question 4

Which of the following is not an example of a variable?

Options :

A : Size

B : Weight

C : Shape

D : Stamping tool

Answer: D

Question 5

Management reserve is ______________.

Options :

A : Usually under the control of the project team

B : Another term for "contingency"

C : An amount outside the project scope and cost baseline to allow for discretionary management purposes

D : Reserved for work outside the original scope

Answer: C

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