Right Answer: Time and material contracts are agreements where a client pays for the actual time spent by the contractor's employees and the materials used in the project, rather than a fixed price.
Right Answer: In my previous job, I worked as a Project Manager where I was responsible for planning, executing, and closing projects. I coordinated with cross-functional teams, managed budgets, and ensured that projects were delivered on time and met quality standards.
Right Answer: A project charter is a formal document that outlines the objectives, scope, stakeholders, and overall framework of a project. It serves as an official authorization for the project to begin and provides a high-level overview of what the project aims to achieve.
Right Answer: Organizational influences are the factors within an organization that affect how projects are managed and executed. These include the organization's culture, structure, policies, processes, resources, and stakeholder expectations.
Right Answer: QA (Quality Assurance) is the process of ensuring that the quality of a product meets specified requirements through planned and systematic activities. QC (Quality Control) is the process of inspecting and testing the product to identify defects and ensure it meets quality standards.