Problem 1: You will be the project manager of a project that has not received final approval. you have identified several stakeholders an you know that there are more. You can identify stakeholders during what process groups?
a. executing, monitoring & controlling and closing
b. initiating and planning
c. initiating
d. all five process groups
Problem 2: In a project, a cost incentive contact has been awarded to a contract with the following parameters:
Target cost: 1,000,000
Target contractor fee: 100,000
Cost benefit sharing ratio: 80%/20%
Price Ceiling: 1,200,000
What is the point of total assumption (PTA, breakpoint) of the project?