The following PMP® exam sample question is taken from the Free PMP Exam Simulator:

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You are managing a construction project for a client and have subcontracted out some of the project work. You negotiated different contracts with the subcontractors, which include various activities and resources, such as site excavation, raw material supplies, and labor workforce to different subcontractors. Each of these contract life cycles can end during which phase of your project life cycle?

A.) The Closing phase of the project life cycle.
B.) The Executing phase of the project life cycle.
C.) the Monitoring and Controlling phase of the project.
D.) Each contract life cycle can end during any project life cycle phase.

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Hint: The life span of a contract life cycle depends upon the nature of the work involved not on the entire project work.

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Until next time,
Cornelius Fichtner, PMP
President, OSP International LLC - http://www.project-management-prepcast.com