1- You are the Project Manager of a large project. One of your contractors sends you an email requesting to reduce the specification that requires ten tests be conducted down to only eight tests. What should you do first as the Project Manager? a- Change the scope baseline to require only 8 tests
b- Ask the contractor to submit a change request to the Change Control Board (CCB)
c- Look at the penalty clauses in the contract to see if the sponsor can reduce your fee
d- Ask the sponsor if it is ok to reduce the number of tests
2- our instructor has a patio construction project ongoing. The project has the following earned value management data: Present Value (PV) = $48,000, Earned Value (EV) = 32,000, and Actual Costs = $44,000. What is the Cost Variance (CV) for the project?

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct. d.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?