Question 1

The __________is a structured review of the procurement process from the planning purchases and acquisition process through the contract administration process.

Accepted Answer

The answer of The __________is a structured review of the...

Question 2

Planning purchases and acquisitions and_________ are part of the planning process group.

Accepted Answer

planning c

Question 3

A(n)__________is a document prepared for potential vendors that describes the service or product being sought.

Accepted Answer

A) RFP 
B) RPM 
C) SAP 
D) SOW 
A) RFP 
B) RPM 
C) SAP 
D) SOW

Question 4

__________costs are those incurred by the vendor in the provision of the product or service.

Accepted Answer

A) Actual 
B) Direct 
C) Indirect 
D) Fixed 
A) Actual 
B) Direct 
C) Indirect 
D) Fixed

Question 5

Vendor conferences are also called bidder conferences.

Accepted Answer

A) True 
 B)False

Question 6

Another term for on- demand computing is:

Accepted Answer

A) utility computing. 
B) application service provider. 
C) pay- by- the- drink. 
D) autonomous computing. 
A) utility computing. 
B) application service provider. 
C) pay- by- the- drink. 
D) autonomous computing.

Question 7

All of the following are types of examples of organizations from which software or its components can be procured EXCEPT:

Accepted Answer

A) packaged software providers. 
B) hardware companies. 
C) IT services firms. 
D) on- demand computing providers. 
A) packaged software providers. 
B) hardware companies. 
C) IT services firms. 
D) on- demand computing providers.

Question 8

A screening system uses minimum values for certain performance criteria to eliminate proposals that do not meet the minimum values.

Accepted Answer

A) True 
 B)False

Question 9

__________involves verification that all products and services contracted for are acceptable.

Accepted Answer

The answer of __________involves verification that all products and services...

Question 10

Independent estimates are used as a check against the prices offered by vendors.

Accepted Answer

A) True 
 B)False

Question 11

Compare and contrast the weighting and screening systems for selecting sellers.

Accepted Answer

A weighting system is a method to quanti

Question 12

For a __________, it is often recommended that contract requirements specify review points and progress assessments.

Accepted Answer

A) time- and- materials contract. 
B) fixed- price contract. 
C) incentive- based contract. 
D) cost- reimbursable contract. 
A) time- and- materials contract. 
B) fixed- price contract. 
C) incentive- based contract. 
D) cost- reimbursable contract.

Question 13

Time- and- materials contracts are best suited when the product or service is well defined.

Accepted Answer

A) True 
 B)False

Question 14

Statements of work:

Accepted Answer

A) tend to be revised as they move through the procurement process. 
B) are not used much in the procurement process. 
C) are rather static. 
D) are on a very high level. 
A) tend to be revised as they move through the procurement process. 
B) are not used much in the procurement process. 
C) are rather static. 
D) are on a very high level.

Question 15

__________are a type of off- the- shelf systems that cannot be modified.

Accepted Answer

The answer of __________are a type of off- the- shelf...

Question 16

How many processes does the project procurement management knowledge area include?

Accepted Answer

A) Five 
B) Four 
C) Six 
D) Three 
A) Five 
B) Four 
C) Six 
D) Three

Question 17

It is estimated that off- the- shelf software can at best meet 70% of an organization's needs.

Accepted Answer

A) True 
 B)False

Question 18

A(n)__________addresses evaluation criteria, how multiple vendors would be managed, and so on.

Accepted Answer

A) purchase management plan 
B) procurement management plan 
C) acquisition management plan 
D) statement of work 
A) purchase management plan 
B) procurement management plan 
C) acquisition management plan 
D) statement of work

Question 19

The process_________ involves determining which project needs can best be met by going outside the project organization to obtain them.

Accepted Answer

planning p

Question 20

The process__________ involves determining which project needs can best be met by going outside the project organization to obtain them.

Accepted Answer

A) planning contracting 
B) planning purchases and acquisitions 
C) purchase and acquisition planning 
D) planning external acquisitions 
A) planning contracting 
B) planning purchases and acquisitions 
C) purchase and acquisition planning 
D) planning external acquisitions

The __________is a structured review of the procurement process from the planning purchases and acquisition process through the contract administration process.

Planning purchases and acquisitions and_________ are part of the planning process group.

A(n)__________is a document prepared for potential vendors that describes the service or product being sought.

__________costs are those incurred by the vendor in the provision of the product or service.

Vendor conferences are also called bidder conferences.

Another term for on- demand computing is:

All of the following are types of examples of organizations from which software or its components can be procured EXCEPT:

A screening system uses minimum values for certain performance criteria to eliminate proposals that do not meet the minimum values.

__________involves verification that all products and services contracted for are acceptable.

Independent estimates are used as a check against the prices offered by vendors.

Compare and contrast the weighting and screening systems for selecting sellers.

For a __________, it is often recommended that contract requirements specify review points and progress assessments.

Time- and- materials contracts are best suited when the product or service is well defined.

Statements of work:

__________are a type of off- the- shelf systems that cannot be modified.

How many processes does the project procurement management knowledge area include?

It is estimated that off- the- shelf software can at best meet 70% of an organization's needs.

A(n)__________addresses evaluation criteria, how multiple vendors would be managed, and so on.

The process_________ involves determining which project needs can best be met by going outside the project organization to obtain them.

The process__________ involves determining which project needs can best be met by going outside the project organization to obtain them.

Lntroduction to Project Management

The Project Management Life Cycle

Managing Project Teams

Managing Project Communication

Managing Project Scope

Managing Project Scheduling

Managing Project Resources

Managing Project Quality

Managing Project Risk

Managing Project Execution

Managing Project Control and Closure

Understanding Task Dependencies, Resource Allocation, and Progress Tracking

Filters

Exam 10: Managing Project Procurement

The __________is a structured review of the procurement process from the planning purchases and acquisition process through the contract administration process.

Planning purchases and acquisitions and_________ are part of the planning process group.

A(n)__________is a document prepared for potential vendors that describes the service or product being sought.

__________costs are those incurred by the vendor in the provision of the product or service.

Vendor conferences are also called bidder conferences.

Another term for on- demand computing is:

All of the following are types of examples of organizations from which software or its components can be procured EXCEPT:

A screening system uses minimum values for certain performance criteria to eliminate proposals that do not meet the minimum values.

__________involves verification that all products and services contracted for are acceptable.

Independent estimates are used as a check against the prices offered by vendors.

Compare and contrast the weighting and screening systems for selecting sellers.

For a __________, it is often recommended that contract requirements specify review points and progress assessments.

Time- and- materials contracts are best suited when the product or service is well defined.

Statements of work:

__________are a type of off- the- shelf systems that cannot be modified.

How many processes does the project procurement management knowledge area include?

It is estimated that off- the- shelf software can at best meet 70% of an organization's needs.

A(n)__________addresses evaluation criteria, how multiple vendors would be managed, and so on.

The process_________ involves determining which project needs can best be met by going outside the project organization to obtain them.

The process__________ involves determining which project needs can best be met by going outside the project organization to obtain them.

Lntroduction to Project Management

The Project Management Life Cycle

Managing Project Teams

Managing Project Communication

Managing Project Scope

Managing Project Scheduling

Managing Project Resources

Managing Project Quality

Managing Project Risk

Managing Project Execution

Managing Project Control and Closure

Understanding Task Dependencies, Resource Allocation, and Progress Tracking

Filters