These are the three primary project management activities that affect the success of projects
What is project planning, risk management and communication?
100
This is paraphrasing to ensure understanding.
What is active listening?
100
When conducting principled negotiations, this is a position that is driven by needs, desires and fears.
What are interests?
100
This is a basis for comparison or widely accepted minimum.
What is a standard?
100
Fixed time & materials, cost sharing, and cost reimbursement.
What are contract payment types?
200
The plan for this must include a process for reviewing and analyzing the need for the change.
What is change management?
200
When there is reasonable certainty that the terms of a contract have been accomplished and there is no intent to renew or extend the contract, this occurs.
What is contract closeout?
200
A Negotiation Philosophy where each party has a vested interest in the issues and the relationship
What is win-win?
200
This is what is known as BATNA.
What is a Best alternative to negotiated agreement?
200
Stages of this include forming, storming, norming, and performing.
What is team development?
300
Managerial Support, lack of organizational commitment, and communication breakdown.
What are 3 major reasons projects fail?
300
A contract clause that determines the sequential hierarchy of nominal importance of contract documents.
What is order of precedence?
300
Premature judgement, search for a single answer, assumption of a fixed price, and solving their problem.
What are four obstacles to mutual gain?
300
This is known as the three O’s to contract management.
What is outline, operate, and oversee?
300
The process of identifying, quantifying, and mitigating project risks.
What is risk management?
400
This is the most important phase in a project.
What is project planning?
400
Introduction, Scope of work, Dispute Resolution, Term of contract, and Payment are some....
What are essential clauses?
400
A bargaining process between two or more parties, each with its own view points and objectives, seeking to reach a mutually satisfactory agreement on, or settlement of, a matter of common concern.
What is negotiation?
400
The criteria for this includes an offer, acceptance, legal purpose, mutuality of obligation, certainty of subject matter, consideration, and competent parties.
What is a valid contract?
400
These are anything that restricts or dictates the actions of a project team.
What are constraints?
500
These are the three primary constraints of a project.
What are time/schedule, budget/cost, and quality/technical scope?
500
The contractual parties have the option to continue for another term
What is renewal?
500
During this, results are recorded, confirmed in writing to the other party, and action plan follow up occurs.
What is settlement and documentation?
500
Elements include: plan, procurement, rate and price establishment, contract formation and contract oversight
What is the contract management framework?
500
This performance measurement method includes planned value, actual cost, and earned value.