http://www.alsenosy.com | http://www.professionalengineers.us203.Answer:D.
PMBOK® Guide, page 498 , Section12.3.2.2
ClaimsAdministration
Contestedchangesandpotentialconstructivechangesarethoserequestedchangeswherethe buyer
andseller cannotreachanagreement on compensationforthechange or cannotagreethata
changehasoccurred.Thesecontestedchangesarecalledclaims.Whentheycannotberesolved, they
becomedisputes,andfinally,appeals.Claimsaredocumented,processed,monitored,and managed
throughoutthecontractlifecycle,usuallyinaccordancewiththetermsofthecontract.If theparties
themselvesdonotresolveaclaim,itmayhavetobehandledinaccordancewith alternativedispute
resolution(ADR)typicallyfollowingproceduresestablishedinthecontract. Settlementofallclaims
anddisputesthroughnegotiationisthepreferredmethod.
204.Answer:C.
PMBOK® Guide, page 499 , Section12.3.3.4
12.3.3.4 Change Requests
DescribedinSection 4. 3. 3. 4 ,changerequeststotheprojectmanagementplan,itssubsidiaryplans,
andothercomponentssuchasthecostbaseline,schedulebaseline,andprocurementmanagement
plan,mayresultfromtheControlProcurementsprocess.Changerequestsareprocessedforreview
anddispositionthroughthePerformIntegratedChangeControlprocess(Section 4. 6 ).Requestedbut
unresolvedchangescanincludedirectionprovidedbythebuyeroractionstakenbytheseller,which
theotherpartyconsidersaconstructivechangetothecontract.Becauseanyoftheseconstructive
changesmaybedisputedbyonepartyandcanleadtoaclaimagainsttheotherparty,suchchanges
areuniquelyidentifiedanddocumentedbyprojectcorrespondence.
- Answer: A.
PMBOK® Guide, page 471 , Section12.1.1.6
OrganizationalProcess Assets
Fixed-pricecontracts.This categoryofcontracts involvessettingafixedtotal priceforadefined
product,service,orresulttobeprovided.Thesecontractsshouldbeusedwhentherequirements
arewelldefinedandnosignificantchangestothescopeareexpected.Typesoffixed-pricecontracts
includethefollowing:
Cost-reimbursablecontracts.Thiscategoryofcontractinvolvespayment(costreimbursements)to the
sellerforalllegitimateactualcostsincurredforcompletedwork,plusafeerepresentingseller profit.
Thistypeshouldbeusedifthescopeofworkisexpectedtochangesignificantlyduringthe execution
ofthecontract.
Timeandmaterialcontracts(T&M).Timeandmaterialcontracts(alsocalledtimeandmeans)area
hybrid type of contractual arrangementwith aspects of both cost-reimbursable and fixed-price
contracts.Theyareoftenusedforstaffaugmentation,acquisitionofexperts,andanyoutsidesupport
whenaprecisestatementofworkcannotbequicklyprescribed.