Question 12 of 50 Your organization is extremely cost-sensitive and there is no room in the budget to absorb cost overruns. You must engage a contractor to perform a portion of the project work, as your project team lacks the capacity/resources to do the work. In order to protect yourself against cost overruns on the part of the contractor, you should utilize which type of contract? O Time and Materials O Firm fixed price O Time and materials O Cost-reimbursable Question 13 of 50 You have just completed a Work Breakdown Structure for a new project responsible for manufacturing the turbine of a new jet engine. You have decomposed the WBS down to the work package level and have create the code of accounts. The WBS element 1.7.A is at what level in the WBS? O 3 O cannot be determined O work package O 2 Question 14 of 50 You have a project with the following activities: Activity A takes 40 hours and can start after the project starts. Activity B takes 25 hours and should happen after the project starts. Activity C must happen after activity A and takes 35 hours. Activity D must happen after activity B and C and takes 30 hours. Activity E must take place after activity C and takes 10 hours. Activity F takes place after Activity E and takes 22 hours. Activities F and D are the last activities of the project. Which of the following is true if activity B actually takes 37 hours? O Critical path increases by 12 hours O Critical path is 67 hours O Critical path is Start, A, C, E, F, End Critical path chanaes to Start. B. D. End
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