Free Access GAQM.PPM-001.v2024-08-24.q121 Practice Test (Page 14)

True or False: Team contracts were popular ten years ago, but they should no longer be used.

A.True

B.False

Work authorization forms are needed in order to:

A.Establish an audit trail

B.Authorize line organizations to charge against the project

C.All of the other alternatives apply

D.Develop a structured methodology for release of funds

E.1) Authorize line organizations to charge against the project and 2)Develop a structured methodology for release of funds

A collection of projects or programs are known as which of the following?

A.Organizations

B.Groups

C.Portfolios

D.Collections

Which of the following is an example of contract administration?

A.Developing the statement of work

B.Authorizing contractor work

C.Negotiating the contract

D.Establishing evaluation criteria

Many organizations categorize requirements into which of the following two categories?

A.Business and Technical

B.Staffing and Budget

C.Stakeholder and Customer

D.Project and Product

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