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Free PDM_2002001060 – CPM Practice Test Question

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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.
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    fixed price contracts.
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    progress payment contract.
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    cost plus contract.
Question 11

The risk contingency reserve is identified in which process?

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    Estimate activity duration.
  • ○

    Estimate costs.
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    Determine cost baseline.
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    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.
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    Renegotiate the contract.
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    Contract change process.
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    Claim strategy and understanding of contractual obligations.