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NEW QUESTION: 1
All of the following are tools and techniques of the Contract Administration process except for which one?
A. Records management system and information technology
B. Contract performance information gathering and contract reporting systems
C. Contract change control system, buyer-conducted performance review, and inspections and audits
D. Performance reporting, payment system, and claims administration
Answer: B
Explanation:
The tools and techniques of the Contract Administration process are contract change control system, buyer-conducted performance review, inspections and audits, performance reporting, payment system, claims administration, records management system, and information technology.
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: D
NEW QUESTION: 3
The highest risk impact generally occurs during which one of the following project life-cycle phases?
A. Planning and implementation
B. Concept and planning
C. Concept and closeout
D. Implementation and closeout
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Opportunity and risk generally remain high during the concept and planning phases. However, the amount at stake remains low because of the relatively low level of investment up to that point. During project implementation and closeout, however, risk falls to lower levels as remaining unknowns are translated into knowns. At the same time, the amount at stake rises steadily as the necessary resources are invested to complete the project.