A project manager has an agreement with a third-parry supplier to deliver parts in six months During the implementation phase, the project is cancelled However, the supplier has already started work on the order.
What should the project manager do next?

• A.Direct the suppler to stop work immediately
• B.Update the procurement management plan
• C.Review the contract's termination clause
• D.Conduct a supplier performance evaluation

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An earthquake occurs at the site of a manufacturing plant construction project. This affects the entire project budget.
What type of reserve analysis should the project manager consider?

• A.Project
• B.Baseline
• C.Management
• D.Contingency

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Given that you are neighbors, you and the CEO of your company have established a friendly personal relationship. Recently your company appointed you project manager for a new project that is crucial to achieving next year's financial targets. Which type of power available to project managers might you be able to rely upon?

• A.Referent
• B.Reward
• C.Formal
• D.Expert

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Which of the following best describes the difference between risk audits and risk reviews?

• A.Risk reviews are also called risk audits
• B.Risk reviews are performed on smaller projects, while risk audits are performed on larger projects
• C.Risk audits are more proactive responses to project risks, while risk reviews are more reactive responses to risks
• D.Risk audits should be performed by an outside party, while risk reviews are performed by the project team.

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Which of the following represents the BEST process to accomplish resource
planning?

• A.Identifying the available resources and allocate them to all activities in the current phase of the project.
• B.Identifying the required resources in the project charter
• C.Identifying the resources that performed past similar projects, and allocate them to all project activities
• D.Identifying the required resources and allocate them to all project activities.
• E.None of the above

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