$10.$ What is the top reason for global outsourcing IT services?

a$.$ A shortage of qualified personnel

b$.$ Cost reduction

c$.$ Increasing revenues

d$.$ Decreasing time to market

$11.$ if the actual cost for a WBS item is $$1,500$ and its earned value is $$2,000,$ what is it cost variance, and is it under or over budget?

a$.$ The cost variance is $$500,$ which is under budget

b$.$ The cost variance is $$500,$ which is over budget

c$.$ The cost variance is $-$$$500,$ which is under budget

d$.$ The cost variance is $-$$$500,$ which is over budget

$12.$ is an uncertainty that can have a positive or a negative effect on meeting project objectives.

a$.$ Risk utility

b$.$ Risk

c$.$ Risk tolerance

d$.$ Risk management

$13.$ Your project team has decided not to use an upcoming release of software because it might cause your schedule to slip. Which negative risk response strategy are you using?

Acceptance

b$.$ Mitigation

Transference

d$.$ Avoidance

$14.$ Many people use to have a standard format for preparing various project management documents.

a$.$ PM documents

b$.$ methodologies

c$.$ standards

d$.$ templates