While overseeing a construction project, you discovered that one of the team members, on her own initiative, added extra windows to increase air circulation and light in the basement. The original plan did not include the cost of these extra windows, but the team member thought they were absolutely required due to poor air circulation and low light in the basement. This is an example of which of the following? O a. Creating customer value O b. Creative team member O c. Scope creep O d. Exceeding customer expectations While developing the procurement strategy, the project manager requests that you use a contract type that will obligate the seller to accept all cost overruns, errors, and consequential damages in the project. Which of the following contract type will you select? a. Cost Reimbursable O b. Best Price ○ c. Fixed Price O d. Time and Materials

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter12: Managing Human Talent
Section: Chapter Questions
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While overseeing a construction project, you discovered that one of the team members, on
her own initiative, added extra windows to increase air circulation and light in the basement.
The original plan did not include the cost of these extra windows, but the team member
thought they were absolutely required due to poor air circulation and low light in the
basement. This is an example of which of the following?
O a. Creating customer value
O b. Creative team member
O c. Scope creep
O d. Exceeding customer expectations
Transcribed Image Text:While overseeing a construction project, you discovered that one of the team members, on her own initiative, added extra windows to increase air circulation and light in the basement. The original plan did not include the cost of these extra windows, but the team member thought they were absolutely required due to poor air circulation and low light in the basement. This is an example of which of the following? O a. Creating customer value O b. Creative team member O c. Scope creep O d. Exceeding customer expectations
While developing the procurement strategy, the project manager requests that you use a
contract type that will obligate the seller to accept all cost overruns, errors, and
consequential damages in the project. Which of the following contract type will you select?
a. Cost Reimbursable
O b. Best Price
○ c. Fixed Price
O d. Time and Materials
Transcribed Image Text:While developing the procurement strategy, the project manager requests that you use a contract type that will obligate the seller to accept all cost overruns, errors, and consequential damages in the project. Which of the following contract type will you select? a. Cost Reimbursable O b. Best Price ○ c. Fixed Price O d. Time and Materials
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