单选题Which one of the following repair will cost the least cost?（）A Routine docking repairB Voyage repairC Damage repairD Conversion

Which of the following is considered a direct cost for producing a widget?

A . The cost of the materials used to produce a widget.

B . The labor costs of the workers who actually produced the widget.

C . The rent for the building in which the widget was manufactured

D . The salary of senior management and the project sponsor

E . A and B only

Which of the following statements about the cost of quality are true?

A . the cost of quality is the expense of nonconformance to requirements and specifications.

B . the cost of quality are mostly the direct responsibility of workers who are manufacturing the product.

C . quality control programs should be implemented when the cost of quality are deemed affordable by management.

D . A and B.

E . A and C

In which of the following cost estimating techniques are statistics models used:

A . nonparametric cost estimating

B . parametric cost estimating

C . life cycle cost estimating

D . bottom-up estimating

E . All of the above.

In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes.

A unit price

B cost plus incentive fee

C cost plus fixed fee

D firm fixed price

E B and D only

Which is not a consideration in a make or buy decision?

A Cost factors (least cost alternatives)

B Competitors' method of sourcing

C Existence of sufficient administration/technical personnel

D Political and social factors

E None of the above.

Which of the following is not a cost of non-conformance?

A . maintenance and calibration

B . warranty repairs

C . scrap

D . rework

E . All of the above.

In which of the following is the cost of risk hidden by the contractor?

A Firm Fixed Price Contract

B Fixed Price Plus Incentive

C Cost Plus Fixed Price

D Cost Plus Percentage of Cost

E A and B

Which of the following is referred to as sunk cost:

A . management reserve

B . contingency fund

C . cost budgeted for construction under water

D . expended funds over which there is no further control

E . forecasted budget over-runs

Which of the following types of contracts allows the owner to transfer risk to the contractor:

A cost plus incentive fee

B cost sharing

C firm fixed price

D cost plus fixed fee

E performance guarantees

Which of the following types of contracts is equivalent to a cost plus contract:

A Fixed firm price

B Cost reimbursable

C Fixed price plus incentive fee

D progress payments

E All of the above.