26. A resource that can be used for developing a project risk management plan is:

Select one:

B. The project's work breakdown structure

C. The project's scope statement

D. All of the above

27. A project manager evaluates two subcontractors for supplying raw materials to a construction site. Supplier X proposes a lower rate. However there is an 80% chance that the supply may be delayed up to 14 days which can cause additional costs of up to $ 5000 per day. Supplier Y offers a price which is 15% higher, but there is a 75% chance of delays up to 3 days. The project manager decides to go with supplier Y. The evaluation technique may have been based on:

Select one:

A. Earned value analysis

B. Pareto analysis

D. Decision tree

28. During the execution phase of a project, a project team member informs the project manager that a work package has not met a relevant quality metric, and that she believes it is not possible to meet it. The project manager meets with all parties concerned to analyse the situation. Which part of the quality management process is the project manager involved in?

Select one:

A. Perform Quality Assurance

B. Project Control

C. Perform Quality Control

D. Plan Quality

29. In a construction project, laying out foundations and building walls are done in sequence. Laying out foundations will take 15 days to be completed and building walls will take 25 days to be completed. There is an 85% probability that the first activity will be completed on time and 90% probability that the second activity will be finished on time. What is the probability that the both activities will be completed on time?

Select one:

A. 0.77

B. 0.38

C. 0.72