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1. Which of the following is true about contractor internal re planning?
a) Contractor internal replanning typically increases the scope and target price of the existing contract b) Contractor internal replanning is a requirement for contracts that use Earned Value Management (EVM) c) Contractor Internal replanning typically decreases the scope and target price of existing contract d) Contractor internal replanning does not change the final scope, cost or endte of the contract.
2. Which of the following statments aboutundistributed butdge(UB) is true?
A) UB is management reserve (MR) subcategory with money allocated for authorized unpriced work (AUW). B) UB IS A SHORT TERM HOLDing account from which contractors must distribute budget into the performance measurement baseline (PMB) as soon as possible, preferable within the next reporting period. C) UB is a subsitute for adequate planning which contractor can rely on when time is constrained for planning d) Contractors don't report abou UB in the Integrated Program Management report (IPMR) and only need to keep internal UB logs for possible audits.
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