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Newly Released BCS ISEB-PM1 Exam PDF

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Question 8

Giving a part of project work to a contractor is an example of:

Options:

A.

risk assumption

B.

risk assignment

C.

risk delegation

D.

risk deflection

E.

risk mitigation

Question 9

Which contract type is typically used whenever the seller's performance period spans a considerable period of years?

Options:

A.

Fixed-Price-Incentive-Fee contracts (FPIF)

B.

Fixed Price with Economic Price Adjustment contracts (FP-EPA)

C.

Cost-Plus-Fixed-Fee contracts (CPFF)

D.

Time and Material contracts (T&M)

Question 10

Risk Event Status is defined as ________.

Options:

A.

Both 1) the severity of the consequences, and 2) how likely the event is to occur with risk.

B.

(Cost + Benefit + Business Risk) / Insurable Risk.

C.

how likely the event is to occur with risk.

D.

Risk Probability x Amount At Stake.

E.

the severity of the consequences.

Question 11

Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement.

Which of the following is not contained in the project scope statement?

Options:

A.

Requested changes

B.

Project configuration management requirements

C.

Constraints

D.

Project specifications

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Exam Code: ISEB-PM1
Exam Name: BCS Foundation Certificate in IS Project Management
Last Update: Nov 24, 2024
Questions: 625
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