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Q105. You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?

A. Cost plus incentive fee

B. Time and materials

C. Cost plus percentage of costs

D. Fixed fee

Answer: C


Q106. Which of the following persons is responsible for testing and verifying whether the security policy is properly implemented, and the derived security solutions are adequate or not?

A. Auditor

B. User

C. Data custodian

D. Data owner

Answer: A


Q107. Beth is the project manager of the BFG Project for her company. In this project Beth has decided to create a contingency response based on the performance of the project schedule. If the project schedule variance is greater than $10,000 the contingency plan will be implemented. What is the formula for the schedule variance?

A. SV=EV-PV

B. SV=EV/AC

C. SV=PV-EV

D. SV=EV/PV

Answer: A


Q108. Which of the following professionals is responsible for starting the Certification & Accreditation (C&A) process?

A. Authorizing Official

B. Chief Risk Officer (CRO)

C. Chief Information Officer (CIO)

D. Information system owner

Answer: D


Q109. You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?

A. Qualitative risk analysis

B. Quantitative analysis

C. Historical information

D. Rolling wave planning

Answer: A


Q110. Which of the following tasks are identified by the Plan of Action and Milestones document?

Each correct answer represents a complete solution. Choose all that apply.

A. The plans that need to be implemented

B. The resources needed to accomplish the elements of the plan

C. Any milestones that are needed in meeting the tasks

D. The tasks that are required to be accomplished

E. Scheduled completion dates for the milestones

Answer: BCDE


Q111. You are the project manager for your organization. You are working with your project team to complete the qualitative risk analysis process. The first tool and technique you are using requires that you assess the probability and what other characteristic of each identified risk in the project?

A. Risk owner

B. Risk category

C. Impact

D. Cost

Answer: C


Q112. John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

A. Communications Management Plan

B. Risk Management Plan

C. Project Management Plan

D. Risk ResponsePlan

Answer: A