1-You have just placed a request for 10,000 units from Widgets R Us. The type of contract best used in this situation is: a- RFB (request for bid) b- RFP (request for proposal) c- IFB (invitation for bid) d- T&M (time and materials) 2-There is some confusion on your project as you head into the planning phase. Several of the key stakeholders are not sure who should have control of the project. You have communicated with each of the stakeholders that you are the project manager and that the project control ultimately rests with you. But at the project kickoff meeting, several of the stakeholders are questioning why you are there and what qualifies you to be the project manager. What was omitted at the start of the project? a- The resource breakdown structure b- The project charter c- A sponsor d- The detailed scope statement 3-You are attempting to determine the escalation path in your organization in the event that certain project issues occur that are beyond your authority level to resolve. Which would be most useful in defining this information? a- WBS b- RACI grid c- RBS (risk breakdown structure) d- OBS 4- The project has been going smoothly, and you have been keeping track of all project risks on a regular basis. Unfortunately, when you arrived at work this morning, one of your key suppliers has informed you of potential delay of a key shipment. This could potentially set back your project several weeks. The reason for the delay - a union dispute with the trucking company threatens to shut down shipping operations for several weeks. You call your supplier and discuss some options. You both decide that it might be wise to engage a backup shipping company that can deliver in the event of a strike with the other firm. This is an example of: a- Risk transference b- Risk acceptance c- Risk mitigation d- Risk avoidance