Here are 3 questions please also briefly explain
1.) In your project, you have been sub-contracting your IT development work to four consultancy firms. In this context, all the following statements relating to transferring of risk to a contractor are true EXCEPT:
A Risk transference nearly always involves payment of a risk premium.
B Fixed price contract always transfers the risk to the seller.
C Cost-plus contracts may transfer the cost risks to the buyer.
D Contracts may be used for the transference of liability for specified risks to another party.
2.) Your company has entered into a joint venture with another company, and you are in the process of finalizing a teaming agreement. In the teaming agreement, both the buyer and the seller collectively prepare:
A Source selection criteria
C Procurement statement of work
D Contract, Procurement statement of work
3.) In your project, you have conducted a communication requirements analysis to determine the total number of possible communication channels in the project. While conducting the analysis, you learn that the number of communication channels:
A Increases in direct proportion to the number of people
B Decreases in inverse proportion to the number of people
C Increases in exponential proportion when the number of people increases
D Depends on the type of project
Thank you all.