MCQs
q29) These are statements immediately following the preamble but before the words of agreement and therefore have no contractual force:
Question 29 options:
1) The "boilerplate" provisions
2) Recitals
3) Body of the Agreement
4) Contract Terms and Conditions
q31 ) In a cost-reimbursable contract, the owner (buyer) accepts most of the __________ therefore, the owner has more input as to how the work is accomplished as compared to a fixed price contract.
Question 31 options:
1) Project management and daily direction of the work force
2) Risk and exercises more control over the project
3) Design work and influences the end product
4) Cost and has a greater interest in the schedule
q34) Harvindar is trying to sought out what is the relevant legal statute that covers a contract which includes the delivery of a set of physical goods and a number of services that he has been asked to provide. What statute covers such a hybrid contract?
1)The Uniform Commercial Code (UCC)
2) Common Law
3) The PPSA (Personal Property Security Act)
4) The predominant factor test
q37) Until Lina fell ill, she was the project manager for a local infrastructure works project. Medhi was asked to act as her replacement until such a time when Lina gets better. Medhi now wishes to review the decision roadmap for impending procurements on the project. Which document should he look at?
Question 37 options:
1) The Procurement Management Plan
2) The Requirements Documentation
3) The Statement of Work
4) The Project Management Plan
Q 38) Decisions made in developing the procurement management plan can also influence the project schedule and are integrated with Develop Schedule, Estimate Activity Resources, and make-or-buy analysis. The statement is:
Question 38 options:
1) Not sure
2) True
3) Incomplete Information
4) False
Q41) Which of these is a monetary damage?
Question 41 options:
1) Compensatory Damages
2) Injunction
3) Rescission
4) Equitable Remedies