Procurement Management - Question
Procurement Management - Question
Procurement Management - Question
Procurement Management
2. With a clear contract statement of work, a seller completes work as specified, but the buyer is not
pleased with the results. The contract is considered to be:
3. All of the following statements concerning procurement documents are incorrect EXCEPT:
4. All the following statements about change control are incorrect EXCEPT:
A. A fixed price contract will minimize the need for change control.
B. Changes seldom provide real benefits to the project.
C. Contracts should include procedures to accommodate changes.
D. More detailed specifications eliminate the causes of changes.
6. A team is in the plan procurement process, which of following are they working on?
A. Proposal received.
B. Procurement contract award.
C. Creation of a request for proposal.
D. Procurements audit.
A. Plan Procurements.
B. Administer Procurements.
C. Conduct Procurements.
D. Communications Management.
10. Which of the following activities occurs during the Plan Procurements process?
A. Make-or-buy decisions
B. Answering sellers' questions about the bid documents
C. Advertising
D. Proposal evaluation
11. Which of the following is the BEST thing for a project manager to do in the Conduct
Procurements process of procurement management?
A. Evaluate risks
B. Select a contract type
C. Update the project schedule
D. Answer sellers' questions about bid documents
A. Unknown.
B. Part of the negotiation involved in paying every invoice.
C. Applied as a line item to every invoice.
D. Determined with the other party at the end of the project.
13. A project performed under a cost reimbursable contract has finally entered the Close
Procurements process. What MUST the buyer remember to do?
14. The sponsor and the project manager are discussing what type of contract the project manager
plans to use on the project. The buyer points out that the performing organization spent a lot of
money hiring a design team to come up with the design. The project manager is concerned that
the risk for the buyer be as small as possible. An advantage of a fixed price contract for the buyer
is:
A. Low Risk.
B. High Risk.
C. Moderate Risk.
D. Risk is shared by all parties.
15. You are in a middle of a complex negotiation when other party says :” we have to finish in one
hour because I have to catch my plane”, the person is using which of the following negotiation
strategies?
A. Increased expertise
B. Easier access
C. No home
D. More loyalty to the project
17. With which type of contract is the seller MOST concerned about project scope?
A. Fixed price
B. Cost plus fixed fee
C. Time and material
D. Purchase order
18. Your company has an emergency and needs contracted work done as soon as possible. Under
these circumstances, which of the following would be the MOST helpful to add to the contract?
19. During what part of the procurement process does procurement negotiation occur?
A. Plan Procurements
B. Close Procurements
C. Administer Procurements
D. Conduct Procurements
20. You must start construction tomorrow to meet the deadline. What type of contract should you
sign to start construction?