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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. Contract performance information gathering and contract reporting systems
B. Performance reporting, payment system, and claims administration
C. Contract change control system, buyer-conducted performance review, and inspections and audits
D. Records management system and information technology
Answer: A
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 C
B. Option D
C. Option B
D. Option A
Answer: A
NEW QUESTION: 3
The highest risk impact generally occurs during which one of the following project life-cycle phases?
A. Implementation and closeout
B. Planning and implementation
C. Concept and closeout
D. Concept and planning
Answer: A
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.