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| Section | Objectives |
|---|---|
| Topic 1: Project Execution Systems and Tools | - SAP-based project management processes
|
| Topic 2: Site Process and Delivery Management | - Site execution planning
|
| Topic 3: Project & Cost Management (CPM Fundamentals) | - Cost Control and Budget Management
|
1. A project risk is a(n) __________ event or condition that, if it occurs, has a ___________ effect on at least one project objective:
A) certain. negative or positive.
B) unknown. neither negative nor positive.
C) uncertain. negative or positive.
D) uncertain. negative and positive.
2. Which accounting indicator can have any of the CR categories linked?
A) 94 - NCC delivery.
B) 95 - NCC execution.
C) 93 - NCC resources.
D) 9 - Risk contingency.
3. The WBS comprises several levels of decomposition of the total project. The lowest level of definition is always the:
A) build cycle.
B) work package.
C) working interface.
D) planning element.
4. What is the duration of short term planning (STP) period?
A) 3 months.
B) 1 month.
C) 12 months.
D) 6 months.
5. Which of the following statements is not in line with reporting rules? New non-planned Risk identified with a significant value:
A) does not change as sold cost estimate (ASCE) and cost baseline (CBL).
B) does not change the estimate at completion (EAC) value of the risk contingency.
C) changes the estimate at completion (EAC) value of non conformance costs.
D) changes the cost baseline (CBL) value of the risk contingency.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
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