The implementation of the new procedure is expected to reduce costs of production by $10\%$ over the next year. This is an example of the in a project charter.

A$.$ acceptance criteria

B$.$ project objective

C$.$ project description

D$.$ success criteria and expected benefits

$q,($T$/$F$)$ A disadvantage of an autonomous project organizational structure is that there is a potential for duplication of activities on several concurrent projects.

A contractor bidding on a fixed$-$price project must develop

A$.$ accurate and complete cost estimates and include sufficient contingency costs.

B$.$ a well$-$defined project with low risk.

C$.$ techniques to control costs and reduce expenses to make a larger profit.

D$.$ techniques to determine the cost$-$at$-$completion with actual expenditures.

$q,($T$/$F$)$ If there is high risk for the success of a project, the contractor should include a cost$-$reimbursement plan in their cost section if the RFP did not specify a contract type.

The project scope document is valuable for establishing

A$.$ a request for proposal for the project.

B$.$ a common understanding among project stakeholders regarding the scope of the project.

C$.$ the contact between the contractor and the customer.

D$.$ the risk management plan for the project.

$215$