When both parties agree to definitize a contract change before the work is begun, the change is made contractually through a __________.


Answer:
  • Supplemental Agreement 
Wrong Answers:
  • Constructive Change 
  • Change Order 
  • None of the answers are correct

Which of the following is considered to be a practice of "Lean Manufacturing"?

Answer:
  • Low levels of inventory 
Wrong Answers:
  • Highly specialized workforce 
  • Centralized management control 
  • Mass production 

A "not invented here" mentality is considered


Answer:
  • A barrier to IPPD implementation
Wrong Answers:
  • A key tenet of Integrated Product and Process Development (IPPD)
  • A guiding principle of successful Integrated Product Teams (IPTs
  • A "Rule of the Road" for effective IPPD implementation

Of the following types of contracts, which one gives the contractor the most incentive to control costs?

Answer:
  • Firm Fixed Price
Wrong Answers:
  • Fixed Price Incentive
  • Cost Plus Incentive Fee
  • Cost Plus Fixed Fee
Link: ELO: 13c. Relate the effect of the various types of contracts on contractor motivation.