Question 1

A vendor is hired for your project and will charge you $30 per hour, plus materials. What is this type of contract called?

A)  Cost plus fixed fee
B)  Time and materials
C)  Task and materials
D)  Cost plus incentive fee

Question 2

Your project has had most of its products delivered by a third party. The project sponsor who will own these products in their functional area is not happy with the resulting products. The vendor believes they are suitable. What process will you go through to arrange a suitable outcome for both parties?

A)  Quality Administration
B)  Contract Administration
C)  Project Administration
D)  Claims Administration

Question 3

You are working within the procurement department of a company and a project has approached you for a template for formal documents they can use to collect information, quotes or proposals from potential vendors. What are these documents called?

A)  Bid Documents
B)  Vendor Documents
C)  Audit Documents
D)  Advertising Documents

Question 4

As a project manager you are aware that communication can become more complex, the more people there are to communicate to. How many different communication channels would there be with a project team of 19 people?

A)  380
B)  190
C)  171
D)  19

Question 5

You are working on a project with many different stakeholders and it is vital to communicate project updates early and often. What is the best type of communication method for passing information to stakeholders?

A)  Telephone
B)  Face to face
C)  Emails
D)  Formal report