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Answer : D

The NEC contract is known for its flexibility and collaborative approach, matching the client's requirements.

Answer : C

Cost-plus pricing is best suited for high-risk environments (p.93), such as fluctuating commodity markets. It reduces risk for suppliers by allowing cost adjustments based on actual expenses plus a margin. Option A is incorrect because low-risk projects favor fixed pricing. [P.93]

Answer : C

The CFO is well-liked and uses personal influence (charisma) rather than authority based solely on position.

Answer : C

Acceptance Criteria should be set before the project starts in the Project Initiation Document (PID) (p.137).

Option A is too late, as the project is already completed.

Option B is iterative, but criteria should be predefined.

Option D is for evaluation, not definition. [P.137]

Answer : A, B, C

The Iron Triangle consists of scope, cost, and time.