PMI Bangalore Chapter

PM Quiz

Compiled by Somashekar N T

Questions:

  1. What is AC?
  2. What is CPIF?
  3. What is FPEPA?
  4. What is RAM?
  5. __________ are used to solicit information, quotations, or proposals from prospective sellers.

 

Answers:

  1. Actual Cost
  2. Cost Plus Incentive Fee
  3. Fixed Price with Economic Price Adjustment
  4. Responsibility Assignment Matrix
  5. Bid Documents