Which process involves applying budget amounts to the individual work packages or activities?

• A.Earned Value Management
• B.Cost Control
• C.Cost Estimating
• D.Cost Budgeting

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After receiving the hardware components from a vendor that will be used later in the project, the project manager sends an email to the finance department to pay the vendor based on the agreed-upon contract. The project manager later discovers that some of the components do not work properly.
What should the project manager have done to avoid this?

• A.Spent more time planning for this task
• B.Utilized expert judgment on workmanship
• C.Completed a performance inspection of the deliverables
• D.Used the claim administration technique

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Quality audits when preformed correctly will provide the following benefit(s)

• A.Corrective action is implemented continuously throughout the project
• B.Allow for applicable laws and standards not to adhered to
• C.The product of the project is fit for use and meets safety standards
• D.Quality improvements need not be identified

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Using the data below, the point of total assumption occurs at a cost of work of:

• A.$12,250
• B.$12,750
• C.$13,250
• D.$14,000 Target Cost: $12,000 Target Fee: $1,000 Sharing Ratio: 80%/20% Price ceiling: $14,000

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A protect manager is struggling 10 obtain participation from key stakeholders who do not usually attend project meetings What should the project manager do1?

• A.Distribute the communications management plan
• B.Reschedule meetings lo align with the stakeholders' availability
• C.Escalate the issue to senior management
• D.Set clear meeting expectations by sharing agendas in advance

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