30. As part of the contract close-out, project management should document the:
  a. statement of work.
  b. payment schedules.
  c. formal acceptance.
  d. change control process.

31. The process of performance reporting includes all of the following except:
  a. status reporting.
  b. progress reporting.
 c. forecasting.
  d. product analysis.

32. Constructive team roles include:
  a. investigator, clarifier, and closer.
  b. compromiser, blocker, and closer.
  c. initiator, encourager, and gatekeeper.
  d. investigator, recognizer, and summarizer.

33. Which of the following statements concerning contract type is correct?
  a. fixed price contracts offer buyers the highest potential risk.
  b. cost reimbursable contracts offer buyers the lowest potential risk.
  c. fixed price contracts are illegal in most regulated industries.
  d. lump sum contracts offer sellers the highest potential risk.

34. A Work Breakdown Structure numbering system should allow project staff to:
  a. identify the level at which individual WBS elements are found.
  b. identify configuration management milestones.
  c. estimate the costs of WBS elements.
  d. provide project justification.

35. All of the following are true quality statements except:
  a. Computer-aided design systems can improve quality, but only at the expense of an increase in the cost of design.
  b. Project quality management must address both management of the project and the product of the project.
  c. Recognition of key actions required of each team member is necessary to meet quality objectives.
  d. Quality improvement depends upon better definition and increased awareness of the requirements/specifications.

36. A project was estimated to cost .5 million and scheduled to last six months. After three months, the earned value analysis shows the following: EV = 0,000, PV = 0,000, and AC = 0,000. The schedule and cost variances are:
  a. SV = -0,000 / CV = -0,000.
  b. SV = -,000 / CV = +0,000.
  c. SV = +0,000 / CV = +0,000.
  d. SV = +0,000 / CV = -0,000.

37. A precise summary of a physical item, procedure, or service for implementation of an item or service is called a:
  a. work package.
  b. baseline description.
  c. product description.
  d. work breakdown structure.

38. All of the following are examples of tools often used in cost estimating except:
  a. parametric modeling.
  b. duration estimating.
  c. bottom-up estimating.
  d. analogous estimating.

39. The most crucial time for project risk assessment is:
  a. when a problem surfaces.
  b. during the planning phase.
  c. during the close-out phase.
  d. after the schedule is published.

40. Inputs used during scope planning include all of the following except:
  a. constraints.
  b. project charter.
  c. budget/cost analysis.
  d. product description.

41. A scope statement is important because it:
  a. provides the basis for making future project decisions.
  b. provides an executive summary of the project for sponsors.
  c. documents approval of the project for the stakeholders.
  d. provided criteria for measuring total project cost.

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