Judgment question T or F

A customer uses a request for proposal to solicit bids and then award a noncompetitive contract.

Developing a large proposal is a project.

Equipment that is included in the project costs are those required by the project.

The deliverables in the project scope document will be used as the basis for creating a more detailed WBS in the next step of the planning process.

Having a written quality plan at the outset of a project is extremely beneficial because it guarantees against incurring additional costs and schedule extensions due to rework caused by work and deliverables that fail to meet quality requirements and customer expectations.

Choice question

To determine the price to charge for the project, the contractor should

	a.	estimate the costs at a detailed level to make the most accurate estimate.
	b.	add in extra amounts to overprice the project and make an extra profit.
	c.	cut the estimates to a small profit to show how much less expensive the contractor is than other bidders.
	d.	use the same prices as the actual costs of projects that were similar in duration.