Question 1

A project manager needs to request outside support for a statement of work (SOW) that is not precise. Which kind of contract does the project manager need to create?

Options :

A : Time and material (T&M)

B : Cost plus fixed fee (CPFF)

C : Fixed price

D : Cost plus award fee (CPAF)

Answer: A

Question 2

A project manager called for a team meeting to estimate the project effort. During the session, the team went

on to identify all the deliverables and analyzed the related work. Each of the analyzed deliverables were

estimated.

Which estimation method did the team use?

Options :

A : Rolling wave planning

B : Expert judgment

C : Decomposition

D : Data analysis

Answer: C

Question 3

After a requirements workshop, you have an overwhelming amount of information. What's the next step in processing this information?

Options :

A : Implement all the requirements gathered immediately

B : Prioritize the requirements based on your own understanding

C : Organize and categorize the requirements, then validate them with stakeholders

D : Wait for stakeholders to reach out with further clarifications.

Answer: C

Question 4

Which type of project life cycle uses an iteration plan?

Options :

A : Agile

B : Predictive

C : Waterfall

D : Product

Answer: A

Question 5

What type of stakeholder is part of a project manager’s sphere of influence on a project?

Options :

A : Customers

B : Sponsors

C : Directors

D : Resource managers

Answer: B

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