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Chapter 6. Investigate Project Monitorin... > Communications, Risk, and Procuremen...

Communications, Risk, and Procurement Management

  • Report Performance—10.5

  • Monitor and Control Risks—11.6

  • Administer Procurements—12.3

CramSaver

If you can correctly answer these questions before going through this section, save time by skimming the Exam Alerts in this section and then completing the Cram Quiz at the end of the section.

1.What is the communication channel delta if the stakeholders are increased from 4 to 11?

  1. 6

  1. 49

  1. 55

  1. 109


2.In general, performance reporting takes into account information from the following areas except

  1. Scope

  1. Schedule

  1. Execution

  1. Cost

  1. Quality


3.Which of the following is NOT a tool and technique of the monitor and control risks process?

  1. Risk audits

  1. Variance and trend analysis

  1. Contingent response strategies

  1. Reserve analysis


4.Which of the following best describes the administer procurements process?

  1. Obtaining seller responses, selecting a seller, and awarding a contract

  1. Managing procurement relationships, monitoring contract performance, and making necessary changes

  1. Reviewing change requests, approving change requests, and managing changes to the project

  1. Documenting purchasing decisions, specifying the approach and selecting potential sellers


Answers

1.Answer B is correct. The communication channels calculation is (n * (n–1))/2. In this case the initial number of communication channels is 6 and the second is 55. 55–6=49.
2.Answer C is correct. Project performance reporting takes into account trending and exceptions in the project scope, schedule, cost, and quality.
3.Answer C is correct. Contingent response strategies is a tool and technique of the plan risk responses process. All other answers are valid tools and techniques of the monitor and control risks process.
4.Answer B is the best response. The administer procurements process is managing procurement relationships, monitoring contract performance, and making necessary changes. Answer A is incorrect because it describes the conduct procurements process. Answer C is incorrect because it describes the perform integrated change control process. Answer D is incorrect because it describes the plan procurements process.



  

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