Question: 62. You are managing a project that will create a new consumer electronic device in the market. The product scope description indicates that half of

62. You are managing a project that will create a new consumer electronic device in the market. The product scope description indicates that half of the components necessary to build the product are readily available in the market, while the rest are produced by other companies on your company's short list of sellers. You usually manage projects that use internal research and development teams, so you're concerned about the dynamics of so many possible overlapping contracts and the work required to manage the delivery by each seller to meet a very aggressive schedule constraint. Your procurement management plan will be important to the Identify Stakeholders process because: A. The procurement statement of work includes a complete list of project stakeholders. B. The plan includes the results of market research to identify additional stakeholders. C. All stakeholders must receive a copy of the contract. D. All parties to the contract are stakeholders 63. The stakeholders have been identified and analyzed. The deliverables have been broken down to a manageable size. The stakeholders are working on evaluating the probability and impact of all the risks identified. In which project management process group is the project manager likely to do more coaching? A. Executing B. Initiating C. Monitoring and controlling D. Planning

66. A routine audit of a cost-reimbursable (CR) contract determines that overcharges are being made. If the contract does not specify corrective action, the buyer should: A. Continue to make project payments. B. Void the contract and start legal action to recover overpayments C. Halt payments until the problem is corrected. D. Change the contract to require more frequent audits. 67. While completing work, a project team member tells you that a work package has been forgotten in the WBS. What is the best thing to do? A, Wait for a change request to be processed. B. Include it in the estimate, but not the activity list. C. Include it in the WBS.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!