Question 1

Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.

Accepted Answer

A) True 
 B)False  False

Question 2

Equipment that is included in the project costs are those required by the project.

Accepted Answer

A) True 
 B)False  True

Question 3

In a __________________, the customer agrees to pay the contractor for all actual costs (labor, materials, and so forth), regardless of amount, plus some agreed-upon profit.

Accepted Answer

A)  fixed price contract 
B)  fixed agreement 
C)  cost reimbursement contract 
D)  work agreement 
A)  fixed price contract 
B)  fixed agreement 
C)  cost reimbursement contract 
D)  work agreement C

Question 4

Customers and partner organizations prefer to work with people they

Accepted Answer

A)  know are very large with many employees. 
B)  know and trust. 
C)  know are lean companies with few employees. 
D)  have read about. 
A)  know are very large with many employees. 
B)  know and trust. 
C)  know are lean companies with few employees. 
D)  have read about.

Question 5

If the RFP format requirement states a page limit, the customer can reject a proposal that exceeds the page limit without any further review.

Accepted Answer

A) True 
 B)False

Question 6

Responding to follow-up communications may be viewed as an unfair advantage for contractors.

Accepted Answer

A) True 
 B)False

Question 7

It is advisable to build relationship with _________________ in a client or partner organization.

Accepted Answer

A)  one individual 
B)  several key people 
C)  the top ranking official 
D)  the chief financial officer 
A)  one individual 
B)  several key people 
C)  the top ranking official 
D)  the chief financial officer

Question 8

Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.

Accepted Answer

A) True 
 B)False

Question 9

Fixed-price contracts are most appropriate for projects that

Accepted Answer

A)  take less than one year to complete. 
B)  are with customers that want a single payment date. 
C)  are well defined and entail little risk. 
D)  involve risk. 
A)  take less than one year to complete. 
B)  are with customers that want a single payment date. 
C)  are well defined and entail little risk. 
D)  involve risk.

Question 10

The type of contract where the customer and the contractor agree on a price for the proposed work is

Accepted Answer

A)  a fixed price contract 
B)  a fixed agreement. 
C)  a cost reimbursement contract. 
D)  a work agreement. 
A)  a fixed price contract 
B)  a fixed agreement. 
C)  a cost reimbursement contract. 
D)  a work agreement.

Question 11

Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.

Accepted Answer

A) True 
 B)False

Question 12

A complex proposal is a technical report with charts and figures to explain the approach.

Accepted Answer

A) True 
 B)False

Question 13

A contractor should bid on RFPs where there is little or no competition and avoid ones where they might have a competitor bid on the project.

Accepted Answer

A) True 
 B)False

Question 14

Submitting a proposal that meets the customer's statement of work and requirements is all that is needed to secure a contract.

Accepted Answer

A) True 
 B)False

Question 15

The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.

Accepted Answer

A) True 
 B)False

Question 16

Cost-reimbursement contracts are most appropriate for projects that

Accepted Answer

A)  take less than one year to complete. 
B)  are with customers that want a single payment date. 
C)  are well defined and entail little risk. 
D)  involve risk. 
A)  take less than one year to complete. 
B)  are with customers that want a single payment date. 
C)  are well defined and entail little risk. 
D)  involve risk.

Question 17

One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.

Accepted Answer

A) True 
 B)False

Question 18

Total dollar value approach gives

Accepted Answer

A)  equal weight to proposals with larger dollar amounts. 
B)  more weight to proposals with larger dollar amounts. 
C)  equal weight to all proposals. 
D)  less weight to proposals with larger dollar amounts. 
A)  equal weight to proposals with larger dollar amounts. 
B)  more weight to proposals with larger dollar amounts. 
C)  equal weight to all proposals. 
D)  less weight to proposals with larger dollar amounts.

Question 19

The customer can terminate the contract according to requirements in the contract.

Accepted Answer

A) True 
 B)False

Question 20

The length of the proposal is not as important as the quality of the information contained in the proposal.

Accepted Answer

A) True 
 B)False

Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.

Equipment that is included in the project costs are those required by the project.

In a __________________, the customer agrees to pay the contractor for all actual costs (labor, materials, and so forth), regardless of amount, plus some agreed-upon profit.

Customers and partner organizations prefer to work with people they

If the RFP format requirement states a page limit, the customer can reject a proposal that exceeds the page limit without any further review.

Responding to follow-up communications may be viewed as an unfair advantage for contractors.

It is advisable to build relationship with _________________ in a client or partner organization.

Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.

Fixed-price contracts are most appropriate for projects that

The type of contract where the customer and the contractor agree on a price for the proposed work is

Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.

A complex proposal is a technical report with charts and figures to explain the approach.

A contractor should bid on RFPs where there is little or no competition and avoid ones where they might have a competitor bid on the project.

Submitting a proposal that meets the customer's statement of work and requirements is all that is needed to secure a contract.

The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.

Cost-reimbursement contracts are most appropriate for projects that

One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.

Total dollar value approach gives

The customer can terminate the contract according to requirements in the contract.

The length of the proposal is not as important as the quality of the information contained in the proposal.

Project Management Concepts

Identifying and Selecting Projects

Defining Scope, Quality, Responsibility, and Activity Sequence

Developing the Schedule

Resource Utilization

Determining Costs, Budget, and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organizational Structures

Project Management Information Systems

Filters

Exam 3: Developing Project Proposals

Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.

Equipment that is included in the project costs are those required by the project.

In a __________________, the customer agrees to pay the contractor for all actual costs (labor, materials, and so forth), regardless of amount, plus some agreed-upon profit.

Customers and partner organizations prefer to work with people they

If the RFP format requirement states a page limit, the customer can reject a proposal that exceeds the page limit without any further review.

Responding to follow-up communications may be viewed as an unfair advantage for contractors.

It is advisable to build relationship with _________________ in a client or partner organization.

Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.

Fixed-price contracts are most appropriate for projects that

The type of contract where the customer and the contractor agree on a price for the proposed work is

Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.

A complex proposal is a technical report with charts and figures to explain the approach.

A contractor should bid on RFPs where there is little or no competition and avoid ones where they might have a competitor bid on the project.

Submitting a proposal that meets the customer's statement of work and requirements is all that is needed to secure a contract.

The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.

Cost-reimbursement contracts are most appropriate for projects that

One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.

Total dollar value approach gives

The customer can terminate the contract according to requirements in the contract.

The length of the proposal is not as important as the quality of the information contained in the proposal.

Project Management Concepts

Identifying and Selecting Projects

Defining Scope, Quality, Responsibility, and Activity Sequence

Developing the Schedule

Resource Utilization

Determining Costs, Budget, and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organizational Structures

Project Management Information Systems

Filters