BCS ISEB-PM1 Quiz 9 Topic 11 Questions 41-45

Question: 1

What is one of the KEY objectives during contract negotiations?

AObtain a fair and reasonable price.

BNegotiate a price under the seller's estimate.

CEnsure that all project risks are thoroughly delineated.

DEnsure that an effective communications management plan is established.

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Question: 2

The positive value of conflict is underestimated. Properly managed, conflict is a valuable tool, particularly when __________.

AA diversion is needed

BConflict may cause a loss of status or position power

CConflictive situations are in their early stages and emotional involvement is low

DConflictive situations are in their late stages and emotional involvement is high

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Question: 3

Which of the following will be required to perform simu-lation for schedule risk analysis?

AActivity list and activity attributes

BSchedule network diagram and duration estimates

CSchedule data and activity resource requirements

DMilestone list and resource breakdown structure

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Question: 4

Risk Event Status is defined as ________.

ABoth 1) the severity of the consequences, and 2) how likely the event is to occur with risk.

B(Cost + Benefit + Business Risk) / Insurable Risk.

Chow likely the event is to occur with risk.

DRisk Probability x Amount At Stake.

Ethe severity of the consequences.

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Question: 5

Communication always makes use of ___________.

Awords

BAll of the other alternatives apply.

Clanguage

Dgestures

Esymbols

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BCS ISEB-PM1 Quiz:9 Topic:11 Questions:41-45