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NEW QUESTION: 1
A. Option D
B. Option A
C. Option C
D. Option B
Answer: B
NEW QUESTION: 2
Change request status updates are an output of which process?
A. Monitor and Control Project Work
B. Close Project or Phase
C. Perform Integrated Change Control
D. Direct and Manage Project Execution
Answer: C
NEW QUESTION: 3
Sally is a project manager working on a project that will require a specially engineered machine. Only three manufacturers can make the machine to the specifications Sally needs. The price of this machine is particularly critical to this project. The budget is limited, and there's no chance of securing additional funds if the bids for the machine come in higher than budgeted. She's developing the evaluation criteria for the bidders' responses and knows all of the following are true except for which one?
A. Sally will base the evaluation criteria on price alone since the budget is a constraint.
B. Sally will update the contract statement of work with any new information.
C. Sally will review the project management plan, including the risk register, as inputs to this process.
D. Sally will use standard contract forms provided by her procurement department to write the contract for this machine.
Answer: A
Explanation:
Evaluation criteria can be based on price alone when there are many vendors who can readily supply the good or services. The question states that only three vendors make the machine, which means evaluation criteria should be based on more than price.
NEW QUESTION: 4
Profit margin is a ratio that:
A. shows the return on net sales
B. is calculated as net sales divided by operating expenses
C. compares total assets to net sales
D. yields the company's financial position at a point in time
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Profit margin, also called return on net sales, is calculated by dividing net income by net sales. This ratio measures the average portion of each dollar of revenue that ends up as profit.
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