Which of the following is viewed as a vertical teamwork between managerial and non-managerial personnel?

• A) Performance
• B) Empowerment
• C) Continuous improvement
• D) Planning

Fitness to cost can be obtained by:

• A) Developing quality management
• B) Determining the customer’s needs
• C) Building of customer needed products
• D) Obtaining high quality and low cost products

Which of the following is NOT a major pricing input requirement?

• A) Material cost
• B) Backup cost
• C) Salary structure
• D) Labor hours

___________includes quality audits.

• A) Total quality control
• B) Quality control
• C) Quality management
• D) Quality assurance

In project pricing, projection of expenses is made based on which of the following(s)

• A) Changes in public laws
• B) Manpower requirements and turnover rates
• C) All of the given options
• D) Historical direct/indirect labor ratios

Which of the following represents management cost and control system?

• A) Planning and controlling cycle
• B) Planning and operating cycle
• C) Operating and controlling cycle
• D) Operating and monitoring cycle

All of the following are parts of total quality EXCEPT:

• A) Quality assurance
• B) Quality of information
• C) Quality of Organization
• D) Quality Process

There are _______________ types of pricing reports.

• A) 4
• B) 8
• C) 6
• D) 10

______________ level aims to increase uniformity.

• A) Quality Management
• B) Quality Control
• C) Total Quality Management
• D) Quality Assurance

Trough Project management softwares, we can achieve

• A) Effectiveness only
• B) None of the given options
• C) Efficiency only
• D) Both efficiency and effectiveness

Project management softwares can provide answers to such questions as:

• A) What is the impact of overtime?
• B) How will the project be affected by a change in the requirements?
• C) All of the given options
• D) How will the project be affected by limited resources?

For competitive bidding of projects, which of the following stage(s) is/are included?

• A) All of the given options
• B) Planning Stage
• C) Conceptual Stage
• D) Termination Stage

In _______________, customer gets a sense of assurance.

• A) User-based criteria
• B) Value-based criteria
• C) Judgmental criteria
• D) Product-based criteria

Which of the following items is utilized in the business base projection?

• A) Over time
• B) Direct labor rate
• C) Anticipated efforts
• D) Overhead expenses

____________ is also called positional advantage.

• A) Relative advantage
• B) Qualitative advantage
• C) Cost advantage
• D) Competitive advantage

If an organization underestimates the salary structure in project pricing, then it may suffer due to

• A) Decreased profits
• B) Both increased costs and decreased profits
• C) None of the given options
• D) Increased costs

______________ makes the judgment of quality.

• A) Production manager
• B) Customer
• C) Proposal manager
• D) Senior management

PERT is basically which of the following tool(s)

• A) Both a and b
• B) Management planning tool
• C) None of the above
• D) Control tool

The Linear Responsibility Chart (LRC) can result from which of the following?

• A) Customer imposed requirements
• B) Planning
• C) Scheduling
• D) Communication

Which of the following qualities of a project manager gives him/her advantage over people below him/her?

• A) Credibility with employees
• B) Managerial expertise
• C) Sound decision-making ability
• D) Technical expertise