HELP PLEASE!

 hello!

I was hoping if anyone can help me!

1.Which of the following is NOT true of a pareto chart

a.it focuses the attention on the most critical issues

b. Explores a possible future outcome

c. prioritizes potential "causes" of problems

d. separates the critical few from the uncritical many.

 

2. whcih of the following is NOT needed to come up with a project estimate

a.WBS

b. network diagram

c.Risk analysis

d. Change control system

 

3. which type of contract is the seller most concerned about project scope?

a. fixed price

b. cost plus fixed fee

c. time and material

d. purchase order

 

4. What type of contract do you NOT want to use if you do not have enough labor to audit invoices?

a. cost plust fixed fee

b. time and material

c. fixed price

d. fixed price plus incentive fee

 

5. mangement has you to determine the ROI of a conference. your first step is to?

a. define metrics

b. define event objectives

c. develop standards

d. clarifty the requirments.

 

Please help! I've been stuck on these questions!

Thanks!

 

 

 

 

 

 

1 (b), 2(d), 3(a), 4(b), 5(a not sure though)

B
D
A
B
D

 

When are you giving your exam in between?

admin's picture

Q5 should be b. ... only if you know the objectives, you can define metrics

B?

D?

A?

B?

B?

Let us know the answers, please.

For question 4, is "Cost Price + Fixed Fee" not the answer?

 

I remember reading somewhere that, in "Time and material" the amounts on the invoices woudl be lower when compared to the amounts on the invoices of "Cost price + fixed fee".. Hence it is more important to audit invoices in Cost price + fixed fee..

I dont remember the source though..

Can somebody please explain??

 

No it is not written anywhere


its your illusion.

Please refer to the explanation provided in Rita's book, end of the chapter question, for this question. So, it wasn't a illusion.

I found it yesterday when I was reviewing for my exam.

-S. 

In CR contract type you are required to audit the invoices.
A is the correct answer. Please correct me if I am wrong.