MCQ (Multiple Choice question)

1. Design, Build, Own, Operate, Maintain (DBOOM) emphasizes goods and services that minimize environmental impacts while also taking into account social considerations, such as eradicating poverty, reducing hazardous wastes, and protecting human rights.

True

False

The labor costs (cost of personnel) of a project are considered to be which of the following type of cost?

Group of answer choices

contingency cost

(G&A) overhead costs

direct cost

direct project overhead costs

Flag question: Question 3Question 31 pts

When done right, ________________ transforms cost management from a calculation performed in isolation by professional estimators, to a process of ongoing, collaborative learning about the project in which team members and the customers all have a role.

Group of answer choices

stakeholder management

traditional budget techniques

target value cost model

lean cost management

Flag question: Question 4Question 41 pts

Your project is going through a series of phases where it is continually refined. At the end of each phase, the project is screened and a decision is made as to whether the project warrants the additional investment needed to advance to the next phase of development. What is this type of selection process called?

Group of answer choices

Fuzzy Front End development

Sunk Cost Decision

Stage-Gate

Set-based concurrent engineering

Flag question: Question 5Question 51 pts

An SLA is the same as an RFP.

Group of answer choices

True

False

Flag question: Question 6Question 61 pts

What technique are you using if you take the following steps to manage your project's budget?

You take meaningful measurements and adapt to what you can't control through early detection and proactive intervention. You also make sure that the information you generate from monitoring is distributed to the right people so they can respond as appropriate.

Group of answer choices

non-linear controls

active control

feedback loop

informed intuition