$1.$ When selecting a project, you should take into account all of the following

except:

$($a$)$ Sunk cost

$($b$)$ Net present value

$($c$)$ Opportunity cost

$2.$ In cost monitoring, the s$-$curve depicts the relation between:

$($a$)$ Schedule completion and time

$($b$)$ Cumulative value and time

$($c$)$ Schedule completion and value resources

$3.$ As project manager, you have identified the stakeholders on your project.

What should you do next?

$($a$)$ Create the Project Management Plan

$($b$)$ Create the Communication Management Plan

$($c$)$ Create the Stakeholder Register

$4.$ Quality audits:

$($a$)$ Are unnecessary if you do it right the first time

$($b$)$ Must be performed daily for each process

$($c$)$ Are necessary for validation that the quality policy is being followed and

adhered to

$5.$ A driver$$s license is required by law before an individual can drive a car.

Similarly, the project manager requires a $\_\_\_\_\_\_\_\_\_\_\_\_$ document in order

to plan, execute and control a project.

$($a$)$ Scope statement

$($b$)$ Project budget

$($c$)$ Project charter

PTO

$9$

$6.$ Two projects have exactly the same payback period, but Project A has a

smaller IRR than project B$.$ You should choose:

$($a$)$ Project A

$($b$)$ Project B

$($c$)$ There is no difference

$7.$ The following strategies can be used for negative risks

$($a$)$ Exploit, transfer, avoid

$($b$)$ Transfer, avoid, mitigate

$($c$)$ Avoid, mitigate, exploit

$8.$ The primary objective of negotiations is to

$($a$)$ Protect the relationship

$($b$)$ Be the winner

$($c$)$ Define the objective up front and stick with them

$9.$ At what stage of the project are factors such as the probability of successfully

completing the project, the cost of changes, and the cost of error correction the

highest?

$($a$)$ Beginning

$($b$)$ End

$($c$)$ Executing

$10.$ In order to produce a cost base line, the project manager requires:

$($a$)$ Cost estimates, work breakdown structure and the project schedule

$($b$)$ Cost estimates, work packages and project schedule

$($c$)$ Cost estimates, work packages and work breakdown structure