BCS Exam ISEB-PM1 Topic 3 Question 78 Discussion

Actual exam question for BCS's ISEB-PM1 exam

Question #: 78
Topic #: 3

[All ISEB-PM1 Questions]

A contract management plan is a subsidiary of what other type of plan?

AResource plan

BProject management plan

CCost control plan

DExpected monetary value plan

Show Suggested Answer

Suggested Answer: B

by Gail at Jul 06, 2024, 11:02 AM

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Dustin

3 months ago

I bet the answer is B) Project management plan. That's the one that makes the most sense to me. Unless the project manager is just winging it, then who knows?

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Elza

2 months ago

Yeah, it definitely seems like the most logical choice out of the options given.

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Francis

3 months ago

I think you're right, it does make sense that the contract management plan would be a subsidiary of the project management plan.

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Isreal

3 months ago

D) Expected monetary value plan. Sounds fancy, but I have no idea what that even means.

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Malcolm

3 months ago

A) Resource plan. Wait, do contracts have their own resources? I'm so confused.

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Lajuana

3 months ago

C) Cost control plan. The contract management plan helps control costs related to contracts.

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Nettie

3 months ago

A) Resource plan. Yes, contracts have their own resources that need to be managed.

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Viola

3 months ago

B) Project management plan. The contract management plan is a subsidiary of the project management plan.

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Gail

4 months ago

C) Cost control plan. Gotta keep those contract costs in check, am I right?

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Chantell

2 months ago

D) Expected monetary value plan

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Phyliss

2 months ago

C) Cost control plan

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Jerry

3 months ago

B) Project management plan

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Leatha

3 months ago

A) Resource plan

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Vallie

4 months ago

I believe the correct answer is B) Project management plan, as it encompasses all aspects of the project including contracts.

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Maybelle

4 months ago

I'm not sure, but I think it could also be A) Resource plan, since contracts often involve allocating resources.

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Mabelle

4 months ago

I agree with Tegan, because a contract management plan is related to managing the project's contracts.

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Galen

4 months ago

B) Project management plan. Duh, that's the obvious one. How else would you manage all the contracts in a project?

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Franklyn

3 months ago

D) Expected monetary value plan. That doesn't seem right. The contract management plan is more closely related to the project management plan.

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Juliann

3 months ago

C) Cost control plan. Managing costs is important, but I believe the contract management plan falls under the project management plan.

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Heike

3 months ago

B) Project management plan. Definitely, it's crucial to have a plan that outlines how contracts will be managed within the project.

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Bernardine

3 months ago

A) Resource plan. I think it's important to have a plan for managing the resources involved in a project.

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Tegan

4 months ago

I think the answer is B) Project management plan.

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