1. As a project manager creating a budget, youre thinking about all the parts of a project from beginning to endmaking a list of every material, resource, and contract worker. What do you call this type of budgeting?

A. Buffers and reserves B. Contingency C. Bottom-up approach D. Top-down approach

2. At what phase in the procurement process would a project manager review a vendors performance and determine if they are meeting milestones?

A. Controlling B. Selecting C.Investigating D.Completing

3. When budgeting a project, you should consider additional expenses such as warranties, supplies, add-ons, and upgrades. Which budgeting term refers to this concept?

A. Total cost of ownership B. Baseline your project C.Time and materials contracts D. Bottom-up approach

4. Fill in the blank: In project management, the budget is considered a _____it is a success metric.

A. deliverable B. reserve C. procurement D.dependency