Question 30.docx - Question 1 You hired a programmer for...

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Question: 1You hired a programmer for $25/hour for two months. What kind of contract is this?(a) CPIF(b) Fixed Price(c) Time & Material(d) CPAFExplanation:A Time and Material contract is mostly used for temporary hiring, or hiring experts in cases where you cannot define the exact scope of work quickly.
Reference:The PMBOK Guide, 6h Edition, Page: 472Question: 2A person who is directly or indirectly involved with your project, or affected by your project or its outcome, is known as:
Question: 3What is the duration of the Milestone?
Reference:The PMBOK Guide, 6th Edition, Page: 186Question: 4Which contract is considered most risky for the bidders?
Question: 5During a bidder conference you see that one bidder is your close friend. What should your next step be?(a) You will pass some confidential info to him(b) You will disclose this relationship to your management
(c) You will resign immediately from the bidding process(d) You will try not to give the contract to him to prove your integrityExplanation:There is a conflict of interest in this situation. You must inform you bosses about this relationship.
Question: 6For your project you need to outsource some work, so you sign a fixed price contract with a contractor. In this contract, the price above which the seller bears all costs of cost overrun is known as:
Question: 7Which of the following is not an example of Enterprise Environmental Factor?

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