C. Cost baseline
D. Cost budget
12. To transfer most of the cost risk to the contractor, the client may use a ___________ contract.
A. Cost plus award
B. Cost plus incentive fee
C. Cost plus fixed fee
D. Fixed price
13. An appropriate sequence for risk management activities is:
A. Risk identification, risk quantification, and risk response development and control.
B. Risk identification, risk assessment, and risk planning.
C. Risk identification, risk mitigation, and risk management.
D. Risk identification, risk elimination, and risk mitigation.
14. Theory X holds that:
A. Quality improvements lie in the hands of quality circles.
B. Profits are tied to meeting schedule deadlines.
C. Absenteeism is tied to poor working conditions.
D. Workers are inherently unmotivated and need strong guidance.
15. All of the following are characteristics of parametric estimating except:
A. Historical information.
B. Quantifiable.
C. Scalable.
D. Activity lists.
16. Inputs to cost budgeting include all of the following except:
A. Cost baseline
B. Cost estimate
C. Work breakdown structure
D. Project schedule
17. Inputs used during scope planning include all of the following except:
A. Constraints.
B. Project charter.
C. Budget/cost analysis.
D. Product description.
18. Cost control outputs include all of the following except:
A. Estimate at completion.
B. Budget updates.
C. Revised cost estimates.