a$.$ Experimental approach

b$.$ Delphi approach

c$.$ Top$-$down approach

d$.$ Bottom$-$up approach

You are an owner of a software startup that is looking for a technical writer to complete a user manual

for your new software. To keep budget in check, instead of paying hourly, you would like to hire a

technical writer for a fixed price contract to write the manual. From a risk management perspective,

you are:

a$.$ transferring risk

b$.$ accepting risk

c$.$ mitigating risk

d$.$ escalating risk

A project manager is forecasting how much money he will require to build an extension of a

warehouse. He estimates that the extension would cost $$300,000.$ Because the original warehouse was

$15\%$ over budget, he increases thet again. Which of the following is this project manager demonstrating?

likelihood of it being

a$.$ Estimate pantingency funding

c$.$ Top$-$down estimating

d$.$ Bottom$-$up estimating

a$.$ The or

b$.$ The location of the PMO

c$.$ The complexity horizon of the project