PMP1
Your contract states the maximum charge for services from the seller will be US $50,000/month. However, the actual invoices have been US $100,000 for the past three months. Stopping the seller's service will impact the project schedule. Under these circumstances, the best thing to do is to review the: *
1 point
You are the project manager of a relatively small project to build out improvements to a small shop in a pedestrian mall. The project is using a time and material contract, and you know you must be involved in negotiations. Which of the following is an advantage of a time and material contract? *
1 point
Which of the following is an advantage of centralized contracting? *
1 point
In which of the following contract types does the buyer have the most cost risk? *
1 point
A team has just gathered information and requirements for a new project that will be completed by an external company. The project manager is just starting the procurement process. Which one of the following should be done last? *
1 point
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