PMI Project Management Professional

Reducing costs to the buyer. ✘ Controlling contractor costs. ✘ Aligning contractor and buyer goals. ✘ Reducing production costs. ✔ Reducing contractor risk. ✔

Survival. ✘ Self-actualization. ✘ Safety. ✘ Esteem. ✔ Physiological satisfaction. ✔

Project character ✘ Management plan ✘ Cost plan ✘ Resource requirements ✔

A work breakdown structure. ✘ A Gantt chart. ✘ An earned value chart. ✘ A PERT chart. ✔ A flow chart. ✔

Safety. ✘ Physiological satisfaction. ✘ Esteem. ✘ Survival. ✔ Self-actualization. ✔

Inform management of the consequences. ✘ Negotiate scope. ✘ Accept is with no prior action. ✘ Perform risk assessment. ✔ All of the above. ✔

Rolling wave. ✘ Contingency planning ✘ Risk aversion ✘ Rework. ✔ All of the above ✔

It is a periodic evaluation of total value of work performed to date. ✘ It is a periodic evaluation of total cost of the unfinished work. ✘ It is a periodic evaluation of total resources projected at project complain. ✘ It is a periodic evaluation of total forecasted project cost. ✔

Appraisal costs Management costs Prevention costs Failure costs Planning costs

Organizational policies ✘ A weighting system. ✘ A screening system. ✘ Independent estimates. ✔