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Free ISEB-PM1 Exam Braindumps (page: 24)

Page 23 of 157
PDF with 625 Questions

The sponsor is worried about the seller deriving extra profit on the cost plus fixed fee (CPFF) contract. Each month the sponsor requires the project manager to submit CPI calculations and an analysis of the cost to complete. The project manager explains to the sponsor that extra profits should NOT be a worry on this project because:

  1. The team is making sure the seller does not cut scope.
  2. All costs invoiced are being audited.
  3. There can only be a maximum 10 percent increase if there is an unexpected cost overrun.
  4. The fee is only received by the seller when the project is completed.

Answer(s): B



Which of the following is the LEAST effective way to influence the factors that create changes to the cost baseline?

  1. Review the project scope with the functional manager responsible for the greatest number of requested changes.
  2. Explain to those requesting changes the negative impact of change to the project.
  3. Eliminate the scope causing the most changes.
  4. Notify all stakeholders that no more changes will be allowed.

Answer(s): D



If a project manager is using observation and conversation to help control the project, she must be involved in which process?

  1. Develop Project Team
  2. Distribute Information
  3. Manage Stakeholder Expectations
  4. Manage Project Team

Answer(s): D



Which of the following would be the MOST appropriate thing to do during the planning process group?

  1. Update corporate processes and procedures based on lessons learned.
  2. Evaluate the effectiveness of risk responses.
  3. Recommend changes and defect repair.
  4. Work with the customer to determine acceptance criteria.

Answer(s): D






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