431. The following types of costs are relevant to making a financial decision except:
A. opportunity costs
B. direct costs
C. sunk cost
D. unavoidable costs
E. None of the above
ANS: C
432. The standard types of communication include all but
A. Written
B. Verbal
C. Telepathic
D. Nonverbal
E. None of the above
ANS: C
433. _____ of the extra costs of the project can often be attributed to a lack of quality.
A. 0.12
B. 0.15
C. 0.2
D. 0.25
E. less than 10%
ANS: C
434. A budget estimate should give the manager cost data accurate to within:
A. -5 to +10 percent of actual cost
B. -25 to +75 percent of actual cost
C. -30 to +75 percent of actual cost
D. -10 to +25 percent of actual cost
E. None of the above
ANS: D
435. All of the following are categories of a milestone in a schedule except:
A. End date.
B. Contract dates.
C. Key events scheduled.
D. Imposed dates.
E. Task duration.
ANS: E
436. How much time does the typical project manager spend communicating (formal and informal)?
A. 40% - 60%
B. 30% - 70%
C. 60% - 80%
D. 75% - 90%
E. 25% - 55 %
ANS: D
437. In which type of organization is team building likely to be most difficult?
A. Functional
B. Projectized
C. Matrixed
D. Project expediter
E. Project coordinator
ANS: C
438. Problems can occur in properly defining a project because:
A. Project goals may not be agreeable to all parties
B. The plan was "too loose," thus allowing priorities to change
C. Low turnover of project personnel
D. Too much communication between the client and project personnel
E. The project objectives were quantified
ANS: A
439. The cost of a quality program should be budgeted at _____ of the total project.
A. 10-12%
B. 2-3 %
C. 6-8%
D. 3-5%
E. more than 15 %
ANS: D
440. The review for the specification completeness is performed during which of the following cycles.
A. Award cycles
B. requirements cycle
C. requisition cycle
D. solicitation cycle
E. contractual cycle
ANS: C
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