PCC Change Management 4

Question 1

A time-and-material (T&M) change order differs from a lump-sum change order primarily in that:

Accepted Answer

T&M reimburses actual costs plus a fee, with scope risk borne by the owner

Answer

Under T&M, the owner bears the cost risk because payment is based on actual hours and materials used, not a pre-agreed fixed price.

Question 2

Which change management metric measures the ratio of approved changes to total change requests submitted?

Accepted Answer

Change approval rate

Answer

The change approval rate tracks what percentage of submitted change requests are ultimately approved, indicating the rigor of the review process.

Question 3

A project is nearing completion and a significant design change is proposed. The project controls team should FIRST:

Accepted Answer

Perform a late-stage change impact analysis considering rework and re-inspection costs

Answer

Late-stage changes carry disproportionately high costs due to rework, re-inspection, and re-procurement, making rigorous impact analysis critical.

Question 4

Which of the following is the correct sequence in a formal change management process?

Accepted Answer

Identify → Evaluate → Approve → Implement → Document

Answer

The correct sequence is: identify the change, evaluate its impact, obtain approval, implement, and then document the outcome.

Question 5

Management reserve differs from contingency reserve in that management reserve is:

Accepted Answer

Held by senior management for unknown unknowns outside the approved baseline

Answer

Management reserve addresses unforeseen events outside the current project scope and requires senior management approval to access.

(PCC) Project Controls Certification Practice Test