Which of the following would a Contract Administrator use if they are using a unilateral contract?

• A.Statement of work
• B.Cost-plus
• C.Time and material
• D.Purchase order

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An organization is considering a new program. The business analyst believes that the benefits to the organization would equate to $1,550,000 in five years. If the rate of return for this program is six percent what is the maximum amount the organization should invest in this program?

• A.$1,158,250
• B.It depends on the internal decision making process.
• C.$2,074,249
• D.$1,550,000

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A program has a budget at completion of $1,250,000 and has already spent $425,000. The program is running late due to some vendor delays; the program is only 30 percent complete though it was scheduled to be 45 percent at this time. Based on this information how much more money will this program need to finish?

• A.$978,445
• B.$987,544
• C.$991,667
• D.$919,325

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A regional finance program is impacted by a new currency regulation issued by a country in the region. The new regulation requires changes to the financial statements of that country's branches by the end of the fiscal year. Failing to comply with the regulation may result in fines and/or closure of the branches. A branch general manager immediately meets with the program manager to select and secure a local fiscal expert to support the regulation, as these types of resources are in high demand. There is a high risk that the changes will not be completed on time if the resource is not secured.
What should the program manager do to address the risk?

• A.Build a coalition with local companies that can influence the government to renegotiate the imposed deadline.
• B.Create fine and closure scenarios to assess the impact on the program and create a contingency plan.
• C.Generate a delivery incentive contract with the selected fiscal expert to ensure on-time delivery of the revised financial statements.
• D.Assess the risk, incorporate it in the program's risk management plan, and meet with the steering committee.

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Eric is the project manager of the NQQ Project and has hired the ZAS Corporation to complete part of the project work for Eric's organization. Due to a change request the ZAS Corporation is no longer needed on the project even though they have completed nearly all of the project work. Is Eric's organization liable to pay the ZAS Corporation for the work they have completed so far on the project?

• A.No, the ZAS Corporation did not complete all of the work.
• B.Yes, the ZAS Corporation did not choose to terminate the contract work.
• C.It depends on what the termination clause of the contract stipulates.
• D.It depends on what the outcome of a lawsuit will determine.

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