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A firm may choose to implement a Project Management Methodology in order to impr

ID: 377211 • Letter: A

Question

A firm may choose to implement a Project Management Methodology in order to improve Project Consistency Project Comparability Project Efficiency Project Effectiveness Any or all of the above:

p

roject Consistency

Project Comparability

Project Efficiency

Project Effectiveness

Any or all of the above

What is the slack for a task on a project plan's critical path?

Less than 0

0

Greater than 0

Could be any of the above

What type of contract is most likely to motivate a service provider to move slow and bill as many hours as possible?

Not to Exceed

Fixed Price

Time and Materials

Less than 0

0

Greater than 0

Could be any of the above

What type of contract is most likely to motivate a service provider to move slow and bill as many hours as possible?

Not to Exceed

Fixed Price

Time and Materials

Explanation / Answer

Answer e. Any or all of the above takes care of any of the other 4 options. Apart from that option 'c' is one solution

Answer d. It takes care of any option. Adittionally b. zero is the answer

Answer c. Time and Materials

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