1. Which of the following is an example of an inappropriate use of management reserve (MR) in making revisions to the performance measurement baseling (PMB)?
a) The contract recognized a new risk to control account effort. The control account manager (CAM) wants to contduct an additional test and request MR for this. b) A control Account Manager (CAM) identifies a necessary new task that was not foreseen in previous IMS and MR is applied to resource the work. c) In their initial planning, the contractor estimated the cost of a generic part. Tehy now recognize a risk associated with using the generic part and want to purchase a more expensive specific part. The controal account manager request MR to budget for the new specific part. d) The contractor experienced cost overruns in thepast few months and wants to allocate MR to tasks with the highest cost variences in order to reduce the variances.
2. Which of the following is a possible impact of a rubber baseling?
A) The contractor has more flexibility in replanning efforts. B) Rubber baselines prepare management better to correct poor performance early in the contract. C) Rebber baselines reduce visibility and impact management's abilityh to take corrective action? D) The risk of schedule slippage and cost overruns is reduced.