A Project Manager Would Like to Bring Vendors into a New

question 66

Multiple Choice

A project manager would like to bring vendors into a new project. Which of the following documents should the potential vendors submit so the project manager can find the best vendors for the project?

• A) SLA
• B) SOW
• C) Change request
• D) RFP

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Performance Reports

Documents that compare actual business results to planned or budgeted figures to evaluate performance.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, used to compare actual performance against what should have occurred at the actual level of activity.

Static Budget

A fixed budget that does not change with the level of activity or production volume, often used for planning purposes.