For the execution of a project, a contractor is (A) A person (B) A firm (C) An agency (D) All the above

For the execution of a project, a contractor is
(A) A person
(B) A firm
(C) An agency
(D) All the above
by

1 Answer

Answer :

(D) All the above
by

Related questions

Previously, when a high-technology project was undertaken by a firm, it would start its journey through firm in A. Manufacturing department B. Functional department C. Execution Department D. R & D department

Description : Previously, when a high-technology project was undertaken by a firm, it would start its journey through firm in A. Manufacturing department B. Functional department C. Execution Department D. R & D department

Last Answer : R & D department

Normally a performance bond, depending upon the state, only stipulates that the contractor will guarantee the work for a certain period of time. Answer: D (8)Which contract type places the most risk on the seller? 1. Cost plus percentage fee 2. Cost plus incentive fee 3. Cost plus fixed fee 4. Fixed price plus incentive fee 5. Firm fixed price

Description : Normally a performance bond, depending upon the state, only stipulates that the contractor will guarantee the work for a certain period of time.  Answer: D  (8)Which contract type places the most risk on ... fee  3. Cost plus fixed fee  4. Fixed price plus incentive fee  5. Firm fixed price

Last Answer : 5. Firm fixed price

Do I need to hire a licensed contractor for a home remodeling project?

Description : Do I need to hire a licensed contractor for a home remodeling project?

Last Answer : Home Renovation is a subtle process but with the help of a home contractor it makes home renovation easier and you can be sure that the project is in the good hands of the professionals. here ... by the license contract.- Contractor can make things easier for you. and lessens stress and saves time

Which of the following type of contracts is most preferable to the c4. B and Contractor doing the project work? 1. Cost plus fixed fee 2. Fixed price 3. Fixed price plus incentive free

Description : Which of the following type of contracts is most preferable to the contractor doing the project  work? 1. Cost plus fixed fee  2. Fixed price  3. Fixed price plus incentive free 4. B and C

Last Answer : 1. Cost plus fixed fee

Can a manufacturer or contractor use flanges or fittings made in conformance to an earlier edition ASME B16.5 on a current project? a) No. a) b) Yes. b) Yes, if in conformance with the current edition of ASME B16.5. c) Yes, if permitted by the owner-user.

Description : Can a manufacturer or contractor use flanges or fittings made in conformance to an earlier edition ASME B16.5 on a current project? a) No. a) b) Yes. b) Yes, if in conformance with the current edition of ASME B16.5. c) Yes, if permitted by the owner-user.

Last Answer : b) Yes, if in conformance with the current edition of ASME B16.5.

The most effective method of determining platform issues is to use a survey of A)personnel with the firm. B)individuals at the advertising agency. C)customers.D)marketers in the industry. E)advertising experts.

Description : The most effective method of determining platform issues is to use a survey of A)personnel with the firm. B)individuals at the advertising agency. C)customers.D)marketers in the industry. E)advertising experts.

Last Answer : C)customers

One who disclose information to public of a company, organization, firm, government and private agency and he/she is the member or employee of that organization; such individuals are termed as ___________ a) Sponsored hackers b) Crackers c) Hactivist d) Whistleblowers

Description : One who disclose information to public of a company, organization, firm, government and private agency and he/she is the member or employee of that organization; such individuals are termed as ___________ a) Sponsored hackers b) Crackers c) Hactivist d) Whistleblowers

Last Answer : d) Whistleblowers

Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude

Description : Complete the following statement. The method of incorporating change into  project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude

Last Answer : b. change management process.

Determining the policies that are needed for the smooth execution of a project relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common understanding of the project purpose b. Establishing trust among team members c. Engaging stakeholders in dialogue d. Developing role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Description : Determining the policies that are needed for the smooth execution of a project  relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common ... role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Last Answer : d. Developing role clarification on projects

Fill in the blank. Risk must be considered in the _____ phase and weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Description : Fill in the blank. Risk must be considered in the _____ phase and weighed against  the potential benefit of the project’s success in order to decide if the project should  be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Last Answer : e. initiation

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk managemenc. Emphasizing error prevention and customer satisfaction d. Requiring commitment to quality by all the employees and business partners e. Developing a project execution plan that matches the complexity level of the projectt b. Providing documents that specifically comply with the quality standards in use

Description : What is the most critical aspect in developing a project plan that meets project  specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project

Last Answer : e. Developing a project execution plan that matches the complexity level of the project

Fill in the blanks. It is during the ______________ phase that the decision should be made regarding whether the project should continue. During this phase, ____________ must be considered and weighed against the potential benefit of the project’s success. Select one: a. completion, cost b. closeout, resources c. execution, performance d. planning, timing e. initiation, risk

Description : Fill in the blanks. It is during the ______________ phase that the decision should be  made regarding whether the project should continue. During this phase, ____________  must be considered and weighed ... . closeout, resources c. execution, performance d. planning, timing e. initiation, risk

Last Answer : e. initiation, risk

Fill in the blank. Work breakdown structure (WBS) is a ______________ of the work with increasing detail in each layer. Select one: a. layered description b. step change c. ballpark estimate d. project execution plan e. project logic diagram

Description : Fill in the blank. Work breakdown structure (WBS) is a ______________ of the work  with increasing detail in each layer. Select one: a. layered description b. step change c. ballpark estimate d. project execution plan e. project logic diagram

Last Answer : a. layered description

Complete the following statement. As the project progresses into the execution phase: Select one: a. risks need to be checked off on activities that have been performed. b. the total risk on the project typically increases. c. risks are identified with each major group of activities. d. a risk response plan can be used to identify increasing levels of detailed risk analysis. e. the risk breakdown structure needs to be examined to be sure all the risk events have been avoided.

Description : Complete the following statement. As the project progresses into the  execution phase: Select one: a. risks need to be checked off on activities that have been performed. b. the total risk on ... risk breakdown structure needs to be examined to be sure all the risk events have  been avoided.

Last Answer : a. risks need to be checked off on activities that have been performed.

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

The most important problem faced in the implementation phase of a project is a delay in execution. (True/False)

Description : The most important problem faced in the implementation phase of a project is a delay  in execution. (True/False)

Last Answer : Ans. True

Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)

Description : Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)

Last Answer : Ans. True

In Project management when does planning take place? A.Before the projectB.During the project execution C.At the start of the project D.After the project

Description : In Project management when does planning take place?  A.Before the project B.During the project execution  C.At the start of the project  D.After the project

Last Answer : C.At the start of the project

Which stage of project management life cycle requires the maximum time of completion A.Conceptualization B.Planning C.Execution D.Estimation

Description : Which stage of project management life cycle requires the maximum time of  completion  A.Conceptualization  B.Planning  C.Execution  D.Estimation

Last Answer : C.Execution

Project Scope: 1. is of concern only at the start of the project 2. is mainly a problem to be handled by the change control procedures during the project execution phase. 3. Should be managed and controlled from the project concept through close-out 4. is usually not a problem after the contract or other document authorizing the project has been approved.

Description : Project Scope: 1. is of concern only at the start of the project  2. is mainly a problem to be handled by the change control procedures during the project  execution phase.  3. Should ... . is usually not a problem after the contract or other document authorizing the project has been  approved.

Last Answer : 3. Should be managed and controlled from the project concept through close-out

The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning(C) execution (D) closure

Description : The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning (C) execution (D) closure

Last Answer : (A) initiation

Assembling project team and assigning their responsibilities are done during which phase of a project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Description : Assembling project team and assigning their responsibilities are done during which phase of a  project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Last Answer : A) Initiation

For a project manager to have an effective means of identifying and communicating the planned activities and their interrelationships, he must use a network technique. One of the network techniques is commonly known as PERT, what does PERT stands for? a. Project evaluation review technique b. Program evaluation review technique c. Path evaluation review technique d. Project execution review technique

Description : For a project manager to have an effective means of identifying and communicating the planned activities and their interrelationships, he must use a network technique. One of the network ... evaluation review technique c. Path evaluation review technique d. Project execution review technique

Last Answer : b. Program evaluation review technique

. One of the more daunting challenges of managing a test project is that so many dependencies converge at test execution. One missing configuration file or hard ware device can render all your test results meaning less. You can end up with an entire platoon of testers sitting around for days. Who is responsible for this incident? A. Test managers faults only B. Test lead faults only C. Test manager and proj

Description : . One of the more daunting challenges of managing a test project is that so many dependencies converge at test execution. One missing configuration file or hard ware device can render all your test results ... incident? A. Test managers faults only B. Test lead faults only C. Test manager and proj

Last Answer : A. Test managers faults only

How do project scheduling help achieve project execution?

Description : How do project scheduling help achieve project execution?

Last Answer : When the activity effort and resource estimates are known getting the work done depends on how the tasks are sequenced. Dependencies with other activities have to be clearly known. The basic ... no constraints there. Scheduling is done from activities list prepared after WBS has been finalized.

If a contractor proposes to increase concrete cover beyond contractual specification (i.e. 40mm to 70mm), shall engineers accept the proposal?

Description : If a contractor proposes to increase concrete cover beyond contractual specification (i.e. 40mm to 70mm), shall engineers accept the proposal?

Last Answer : In contractual aspect, based on the requirement of General Specification of Civil Engineering Works (1992 Edition), the tolerance of concrete cover is between + ... larger cover. Therefore, with an increase of concrete cover, the crack width will increase which is undesirable.

If on­site slump test fails, should engineers allow the contractor to continue the concreting works?

Description : If on­site slump test fails, should engineers allow the contractor to continue the concreting works?

Last Answer : This is a very classical question raised by many graduate engineers. In fact, there are two schools of thought regarding this issue. The first school of thought is rather straightforward: the contractor ... t the Engineer exercise his power to stop the contractor and save these extra time and cost?

Mobilization advance up to 10% of the cost of work is given to a contractor (A) On commencement of work at site for payment of loan taken by him (B) For the purchase of construction materials (C) For the payment of advances to labour and other staff (D) For all activities required to start the work at site on finalization of the contract document

Description : Mobilization advance up to 10% of the cost of work is given to a contractor (A) On commencement of work at site for payment of loan taken by him (B) For the purchase of construction ... staff (D) For all activities required to start the work at site on finalization of the contract document

Last Answer : (D) For all activities required to start the work at site on finalization of the contract document

While filling the tender for any work, the contractor considers (A) Site survey (B) Availability of construction materials (C) Availability of labour (D) All the above

Description : While filling the tender for any work, the contractor considers (A) Site survey (B) Availability of construction materials (C) Availability of labour (D) All the above

Last Answer : (D) All the above

A contractor wishes to determine a suitable combination of manual labour and machine work for the excavation of a multistory construction. For every cum of excavation, 3 man-hours are needed; or 0.2 machine-hour. Costs involved are Rs. 20 per man-hour and Rs. 500 per machine-hour. The total quantity of excavation is estimated to be 4,000 cum. The optimal quantity of excavation to be done manually for minimum total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

Description : A contractor wishes to determine a suitable combination of manual labour and machine work for the excavation of a multistory construction. For every cum of excavation, 3 man-hours are needed; or 0.2 machine-hour. Costs ... total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

Last Answer : (d) 2500 cum

Why isn't a person criminally charged when they pose as a licensed contractor and they are are lying and comitting fraud?

Description : Why isn't a person criminally charged when they pose as a licensed contractor and they are are lying and comitting fraud?

Last Answer : answer:How do you know he wasn't licensed? Did you ask to see the license when you hired him? That's the point of it, after all. So that you can review and verify his credentials. If ... in prosecution. But it doesn't happen automatically just because you aren't happy with the work that was done.

A person making a proposal is called .............. (a) Promisor (b) Vendor (c) Contractor (d) Promise

Description : A person making a proposal is called .............. (a) Promisor (b) Vendor (c) Contractor (d) Promise

Last Answer : (a) Promisor

Which of the following is a project of the Strategic Computing Program? a) Defense Advanced Research Projects Agency b) National Science Foundation c) Jet Propulsion Laboratory d) All of the mentioned

Description : Which of the following is a project of the Strategic Computing Program? a) Defense Advanced Research Projects Agency b) National Science Foundation c) Jet Propulsion Laboratory d) All of the mentioned

Last Answer : a) Defense Advanced Research Projects Agency

ARPANET stands for: a) American Research Project Agency Network b) Advanced Research Project Agency Network c) Admissible Research Project Agency Networking d) None of Thesse

Description : ARPANET stands for: a) American Research Project Agency Network b) Advanced Research Project Agency Network c) Admissible Research Project Agency Networking d) None of Thesse

Last Answer : b) Advanced Research Project Agency Network

The Strategic Computing Program is a project of the: a. Defense Advanced Research Projects Agency b. National Science Foundation c. Jet Propulsion Laboratory d. All of the above

Description : The Strategic Computing Program is a project of the: a. Defense Advanced Research Projects Agency b. National Science Foundation c. Jet Propulsion Laboratory d. All of the above

Last Answer : a. Defense Advanced Research Projects Agency

The Overall in-charge of an organisation at the site responsible for the execution of the works, is (A) Executive Engineer (B) Engineer (C) Junior Engineer (D) Assistant Engineer

Description : The Overall in-charge of an organisation at the site responsible for the execution of the works, is (A) Executive Engineer (B) Engineer (C) Junior Engineer (D) Assistant Engineer

Last Answer : (B) Engineer

Ms. Achla, works as a Programmer in a survey firm named “National Survey Foundation”. In her current project, she is supposed to design -Technology

Description : Ms. Achla, works as a Programmer in a survey firm named “National Survey Foundation”. In her current project, she is supposed to design -Technology

Last Answer : S. No.Control used to inputControl1TRAINEE’S NAMETextField2TRAINING LOCATIONRadio Button/Combo Box3GRADE THE SESSION(Excellent, Good, Satisfactory, Unsatisfactory)Radio Button/Combo Box4SUGGESTIONSText Area

Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. It advocates employing a consultancy firm which specializes in managing change. c. It recommends using only highly skilled people in the project team. d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

Description : Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. ... d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

Last Answer : a. It utilizes resources as and when required under direction of a project manager.

A firm is about to undertake a project and has compu10% 130 15% 50 20% -50 What is the approximate IRR of this project? A 20% B 17.5% C 15% D 22.5%ted the NPV of the project using a variety of discount rates: Discount Rate used NPV

Description : A firm is about to undertake a project and has computed the NPV of the project using a variety of discount rates:  Discount Rate used NPV 10% 130  15% 50  20% -50  What is the approximate IRR of this project?  A 20%  B 17.5%  C 15%  D 22.5%

Last Answer : B 17.5%

A Firm is considering undertaking a project that would yield annual profits (after depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs 800,000 and the project's assets would have a residual value of Rs 50,000 at the end of the project. What would be the accounting rate of return for this project? A 16% B 8.5% C 8.0% D 9.1%

Description : A Firm is considering undertaking a project that would yield annual profits (after  depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs  800,000 and the project's assets would have ... accounting rate of return for this project?  A 16%  B 8.5%  C 8.0%  D 9.1%

Last Answer : A 16%

)A new project was initiated that involves new technology and subsequently has never been done before. What type of contract would to owner want to issue to reduce or eliminate as much risk as possible. 1. Firm fixed price 2. Cost plus fix fee 3. Cost plus incentive fee 4. Lump sum 5. A and D

Description : )A new project was initiated that involves new technology and subsequently has never been  done before. What type of contract would to owner want to issue to reduce or eliminate as much  risk as possible. 1. Firm ... 2. Cost plus fix fee  3. Cost plus incentive fee  4. Lump sum  5. A and D

Last Answer : 5. A and D

To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to assume that the appropriate cost of capital is 10% and the appropriate risk-free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Description : To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to ... -free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Last Answer : C. Rs.33,346

‘Decree holder’ means (a) Any person against whom a decree has been passed (b) Any person in whose favour a decree has been passed or an order capable of execution has been made (c) Either a. or b. (d) Neither a. nor b.

Description : ‘Decree holder’ means (a) Any person against whom a decree has been passed  (b) Any person in whose favour a decree has been passed or an order  capable of execution has been made (c) Either a. or b. (d) Neither a. nor b.

Last Answer : (b) Any person in whose favour a decree has been passed or an order  capable of execution has been made (c) Either a. or b. (d) Neith

‘Any person against whom a decree has been passed or an order capable of execution has been made’ is called (a) Plaintiff (b) Decree Holder (c) Judgment Debtor (d) None of the above

Description : ‘Any person against whom a decree has been passed or an order capable of  execution has been made’ is called  (a) Plaintiff (b) Decree Holder (c) Judgment Debtor (d) None of the above

Last Answer : (c) Judgment Debtor

What kind of a contractor do I need for a bathroom job?

Description : What kind of a contractor do I need for a bathroom job?

Last Answer : I know you don’t really use Facebook, but if you’re still a member, join your town page and ask on there. You’ll get some honest reviews and good recommendations. Last summer I did that for an electrician and hit gold.

I want to find a general contractor who can build a pedestrian concrete bridge. Where can I find some?

Description : I want to find a general contractor who can build a pedestrian concrete bridge. Where can I find some?

Last Answer : Where are you? Who did the design (Professional Engineer) ? Who is going to use the bridge, city sidewalk traffic or mall?

How hard is it to act as your own general contractor for a renovation?

Description : How hard is it to act as your own general contractor for a renovation?

Last Answer : Well. A contractor would have their own subcontractors, and could be easier to hold accountable for any issues. If it were just one trade, I'd be more likely to try to find just a guy, to do it. ... you have some different rules in Fla, than in SC (where I have been a subcontractor.. Good luck. .