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NEW QUESTION 35
Which is the correct formula for calculating expected activity cost for three-point estimating?

• A. Ce = (C0 + 6Cm + Cp)/4
• B. Ce = (6C0 + Cm + Cp)/4
• C. Ce = (C0 + C, + 4Cp) / 6
• D. Ce = (C0 + 4Cm + Cp)/6

Answer: D

NEW QUESTION 36
A purchase order for a specified item to be delivered by a specified date for a specified price is the simplest form of what type of contract?

• A. Fixed price or lump-sum
• B. Cost-plus-fixed-fee
• C. Cost-reimbursable
• D. Time and material

Answer: A

Explanation:
Section: Volume D
Explanation:
* Units of measure. Each unit used in measurements (such as staff hours, staff days, weeks for time measures; or meters, liters, tons, kilometers, or cubic yards for quantity measures; or lump sum in currency form) is defined for each of the resources.
Fixed-price contracts. This category of contracts involves setting a fixed total price for a defined product, service, or result to be provided. Fixed-price contracts may also incorporate financial incentives for achieving or exceeding selected project objectives, such as schedule delivery dates, cost and technical performance, or anything that can be quantified and subsequently measured. Sellers under fixed-price contracts are legally obligated to complete such contracts, with possible financial damages if they do not. Under the fixed-price arrangement, buyers need to precisely specify the product or services being procured. Changes in scope may be accommodated, but generally with an increase in contract price.

NEW QUESTION 37
The project manager is working in an agile/adaptive environment. The project manager is considering different approaches for applying Project Integration Management in this environment.
How can the project manager ensure that this will work for the project?

• A. Promote a team with a narrow specialization within a hierarchical environment
• B. Delegate project decisions to the product owner and sponsor
• C. Take control of all decisions and product planning
• D. Build a team that can respond to changes within a collaborative, decision-making environment

Answer: D

NEW QUESTION 38
Which of the following is an example of an internal factor that influences the outcome of the project?

• A. Geographic distribution of facilities
• B. Legal restrictions
• C. Commercial database
• D. Financial considerations

Answer: A

Explanation:
(Geographic distribution of facilities and resources) EEFs internal to the organization pg 76 of 6th Edition. All other options are listed under the EEFs External to the organization

NEW QUESTION 39
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