Question 1

Utility computing is another name for on- demand computing.

Accepted Answer

A) True 
 B)False

Question 2

A(n)__________is a system that integrates individual traditional business functions into a series of modules so that a single transaction occurs seamlessly within a single information system rather than several separate systems.

Accepted Answer

A) ERP 
B) SAP 
C) MRP 
D) MRP II 
A) ERP 
B) SAP 
C) MRP 
D) MRP II

Question 3

Define the two types of service contracts. What do some people argue against one of the types?

Accepted Answer

subscription- oriented models. Incident-

Question 4

Indirect costs are part of cost- reimbursable contracts.

Accepted Answer

A) True 
 B)False

Question 5

Evaluation criteria can be:

Accepted Answer

A) subjective. 
B) objective. 
C) included in the RFP. 
D) all of the above. 
A) subjective. 
B) objective. 
C) included in the RFP. 
D) all of the above.

Question 6

One reason for outsourcing is that it can increase process efficiencies.

Accepted Answer

A) True 
 B)False

Question 7

There are __________basic parts to a Request for Proposals.

Accepted Answer

A) seven 
B) nine 
C) eight 
D) six 
A) seven 
B) nine 
C) eight 
D) six

Question 8

When the supported task is generic, companies should turn to:

Accepted Answer

A) open- source software. 
B) IT services firms. 
C) enterprise- wide solutions. 
D) packaged software producers. 
A) open- source software. 
B) IT services firms. 
C) enterprise- wide solutions. 
D) packaged software producers.

Question 9

Briefly outline the steps in the procurement process. Which process groups do the procurement processes belong in?

Accepted Answer

Planning purchases and acquisitions is t

Question 10

Planning purchases and acquisitions is the process of determining where to procure certain products or services.

Accepted Answer

A) True 
 B)False

Question 11

Independent estimates are also called_________ estimates.

Accepted Answer

The answer of Independent estimates are also called_________ estimates....

Question 12

ERP system can usually be quickly implemented.

Accepted Answer

A) True 
 B)False

Question 13

The process involving verification that all products and services are acceptable is called:

Accepted Answer

A) contract verification. 
B) procurement audit. 
C) contract closure. 
D) contract audit. 
A) contract verification. 
B) procurement audit. 
C) contract closure. 
D) contract audit.

Question 14

The contract closure process involves verification that all products and services contracted for are acceptable.

Accepted Answer

A) True 
 B)False

Question 15

Describe the three types of possible contracts offered to vendors.

Accepted Answer

The answer of Describe the three types of possible contracts...

Question 16

Common names for a request for proposal are invitation to bid, request for quotation, or tender notice.

Accepted Answer

A) True 
 B)False

Question 17

A method used to quantitatively compare vendor proposals based on evaluation of attributes is called:

Accepted Answer

A) screening system. 
B) weighting system. 
C) evaluation system. 
D) process of elimination. 
A) screening system. 
B) weighting system. 
C) evaluation system. 
D) process of elimination.

Question 18

The__________ of open- source software is freely available.

Accepted Answer

The answer of The__________ of open- source software is freely...

Question 19

__________costs are part of the vendor's cost of doing business.

Accepted Answer

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

Question 20

Which of the following is another name for an RFP?

Accepted Answer

A) Invitation for negotiation 
B) Request for quotation 
C) Invitation to bid 
D) All of the above 
A) Invitation for negotiation 
B) Request for quotation 
C) Invitation to bid 
D) All of the above

Utility computing is another name for on- demand computing.

A(n)__________is a system that integrates individual traditional business functions into a series of modules so that a single transaction occurs seamlessly within a single information system rather than several separate systems.

Define the two types of service contracts. What do some people argue against one of the types?

Indirect costs are part of cost- reimbursable contracts.

Evaluation criteria can be:

One reason for outsourcing is that it can increase process efficiencies.

There are __________basic parts to a Request for Proposals.

When the supported task is generic, companies should turn to:

Briefly outline the steps in the procurement process. Which process groups do the procurement processes belong in?

Planning purchases and acquisitions is the process of determining where to procure certain products or services.

Independent estimates are also called_________ estimates.

ERP system can usually be quickly implemented.

The process involving verification that all products and services are acceptable is called:

The contract closure process involves verification that all products and services contracted for are acceptable.

Describe the three types of possible contracts offered to vendors.

Common names for a request for proposal are invitation to bid, request for quotation, or tender notice.

A method used to quantitatively compare vendor proposals based on evaluation of attributes is called:

The__________ of open- source software is freely available.

__________costs are part of the vendor's cost of doing business.

Which of the following is another name for an RFP?

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

Utility computing is another name for on- demand computing.

A(n)__________is a system that integrates individual traditional business functions into a series of modules so that a single transaction occurs seamlessly within a single information system rather than several separate systems.

Define the two types of service contracts. What do some people argue against one of the types?

Indirect costs are part of cost- reimbursable contracts.

Evaluation criteria can be:

One reason for outsourcing is that it can increase process efficiencies.

There are __________basic parts to a Request for Proposals.

When the supported task is generic, companies should turn to:

Briefly outline the steps in the procurement process. Which process groups do the procurement processes belong in?

Planning purchases and acquisitions is the process of determining where to procure certain products or services.

Independent estimates are also called_________ estimates.

ERP system can usually be quickly implemented.

The process involving verification that all products and services are acceptable is called:

The contract closure process involves verification that all products and services contracted for are acceptable.

Describe the three types of possible contracts offered to vendors.

Common names for a request for proposal are invitation to bid, request for quotation, or tender notice.

A method used to quantitatively compare vendor proposals based on evaluation of attributes is called:

The__________ of open- source software is freely available.

__________costs are part of the vendor's cost of doing business.

Which of the following is another name for an RFP?

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