CA0-001 Online Practice Questions and Answers

Which of the following is an example of contract administration?

A. Negotiating the contract

B. Authorizing contractor work

C. Developing the statement of work

D. Establishing evaluation criteria

Which of the following is a strategy to deal with positive risks or opportunities?

A. Mitigate

B. Transfer

C. Exploit

D. Avoid

What is the expected activity cost for a project having a most likely cost of $140, a best case scenario of $115, and a worst case scenario of $165?

A. $115

B. $138

C. $140

D. $165

Regardless of style, what information is shown in a process flowchart?

A. Actions, decision points, and process drivers

B. Activities, decision points, and the order of processing

C. Activities, process drivers, and the order of processing

D. Actions, decision points, and activities

Placing many or all of the most active project team members in the same physical location to enhance their ability to perform as a team is called which of the following?

A. Team training

B. Co-location

C. Team location

D. Organization training

What defines the portion of work included in a contract for items being purchased or acquired?

A. Procurement management plan

B. Evaluation criteria

C. Work Breakdown Structure (WBS)

D. Contract Statement of Work (SOW)

Which of the following is an example of the simplest fixed-price contract?

A. Purchase requisition

B. Purchase order

C. Verbal agreement

D. Request for quote

Company A bought a well-defined project deliverable from Company B Company A will pay a fixed total price plus a percentage premium for the schedule target achieved. For which type of contract have they subscribed?

A. Fixed-price-incentive-fee contracts (FPIF)

B. Firm-fixed-price-contracts (FFP)

C. Fixed price with Economic Price Adjustment Contracts (FP-EPA)

D. Time and material contracts (TandM)

Which tool and technique is used to sequence activities?

A. Decomposition

B. Project management software

C. Applying lead and lags

D. Expert judgment

What is a specific advantage of analogous estimating in comparison with other cost estimate techniques?

A. Uses contingency reserves

B. Less costly and time consuming

C. Can be applied to segments of work

D. More accurate

An Ishikawa or fishbone diagram is used for which of the following?

A. Identifying causes of risks

B. Identifying frequency of occurrence of risks

C. Developing a resource plan

D. Developing schedule

What do composite organizations involve?

A. Functional and project managers

B. Functional managers only

C. Project managers only

D. Technical managers and project managers

Project success can be achieved only if:

A. There is a clear link between the project deliverables and the business strategy.

B. The project sponsor leads the initiatives.

C. The project manager is an expert in managing resources.

D. Team members like project manager.

What are common types of cost-reimbursable contracts?

A. CPF

B. CPFF

C. CPIF

D. Al1 of the above

Which of following type of analysis is used to develop the communications management plan?

A. Product

B. Cost benefit

C. Research

D. Stakeholder