1.Supply chain operations require
managerial processes that span across functional areas within individual
organizations, and link trading partners and customers across organizational
boundaries.
a.
True
b.
False
2.During procurement planning, the
project team determines which needs can best be met by acquiring products and
services from an outside provider, and which can be accomplished by the team.
a. True
b.
False
3.Outputs of Plan Procurement Management include the procurement
management plan and procurement statement of work.
a. True
b. False
4.On complex
projects, despite the importance of factors such as technical capability,
managerial capability and previous experience; the selection decision is
made mostly or entirely on price.
a.
True
b.
False
5.In many cases, the proposal prepared by the
vendor becomes a part of the final contract.
a. True
b.
False
6.A contract is a unilateral, binding
document that obligates the seller to furnish supplies or services to the
buyer.
a.
True
b.
False
7.Contract incentives are often used
when the buyer wants the seller to meet some defined project metrics, such as
finishing the project early, providing a higher level of quality or more
features, or anything else that the buyer wants to maximize and is willing to
pay for.
a.
True
b.
False
8.Fixed price contracts provide low
risk for the seller, since the buyer will pay a fixed price, regardless of how
much the project actually costs the seller.
a.
True
b.
False
9.One of the important factors that
should influence the selection of contract type is how the risk is distributed
between the buyer and the seller, and how the project is performed.
a.
True
b.
False
10.Project partnerships can be advantageous to both the client and the
vendor, in terms of improved project execution, flexibility, and reduced
bid administration.
a. True
b.
False
11.All of
the following statements accurately describe supply chain management EXCEPT:
a. It spans across suppliers and producers,
resellers, project organizations and consumers.
b. It is a system's approach to managing the
entire flow of physical products.
c. It addresses the flow of material, service,
monetary and information across supply chain partners.
d. It is a closed-loop system solely within the project
organization's boundaries.
12.Which of the following is one of the PMBOK Guide's
three project procurement management processes?
a. Plan supply chain management
b. Manage logistics
c. Conduct procurements
d. Conduct Make-or-Buy Analysis
13.The procurement management plan:
a. describes how the procurement division
will be managed.
b. describes how supply chain partners will
be managed.
c. describes how a project team will acquire goods
and services from outside the performing organization.
d. describes how sellers will
be audited by the procurement team.
14.The ________
documents the portion of work to be purchased, in enough detail so potential
suppliers can decide if they feel they are capable of and interested in
providing it.
a. request for information
b. purchase order
c.
procurement statement of work
d. request for quotation
15.Often a
project team will start the selection process by establishing a list of
potential suppliers. All of the following information sources are frequently
used to identify these potential suppliers EXCEPT:
a. supplier catalogs or websites
b. sales personnel
c. stakeholder register
d. trade shows
16.Under
normal conditions, which of these contract types poses the greatest risk to
the buyer?
a. Cost-Plus-Fixed-Fee
(CPFF)
b. Time and Material (T&M)
c. Firm-Fixed-Price (FFP)
d. Fixed-Price-Incentive-Firm (FPIF)
17.All of the following
accurately describe the features and characteristics of a contract EXCEPT:
a. A contract obligates the buyer to pay
for a specified product or service.
b. A contract obligates the seller to
provide a specified product or service.
c. The project organization is always a
buyer in a contract arrangement
d. A contract binds both the seller and the
buyer.
Carlos has just created a new subnet for the finance department. He needs to be able to allow the employees in finance to retrieve files from the sales server, which is located in another subnet. Which of the following OSI model layers would it be necessary to categorize the device into? a. Layer 4 b. Layer 6 c. Layer 2 d. Layer 3 All of the cubicles in a company's office have cables that run up to the ceiling and across to an IDF. Inside the IDF, they connect directly to the latest generation switch available from the networking equipment vendor that they have chosen. Which of the following describes the physical topology most likely in use? a. mesh
Some of the advantages of using time boxes and cycles in project coordination efforts include creating urgency, measuring progress, and allowing for predictable measurements. A) True 2. Even though most project managers are not contract specialists, they need to understand the process well enough to coordinate with the team. For the current assignment, you are looking at a short-term and small effort with a contractor of just a few hours without significant clarity. Which of the following would be the most applicable contract to use in this situation? A) Time and materials 3. The project you are working on has had modifications to the plan from the start and even how the project is run. Project governance covers all of the 3 following except: A) Naming The project manager 4. Of the following, which is most likely a trigger condition defined early in the project? A) Alerting Governance board if 10 percent over schedule 5. Of the following options, which stand
A process or product that is insensitive to normal variation is referred to as being Select one: a. in specification b. capable c. robust d. out of control Feedback Your answer is correct. A completed failure mode and effects analysis (FMEA) results in the following assessment rating. Occurrence = 4 Severity = 8 Detection = 10 What is the risk priority number (RPN) for this FMEA? Select one: a. 42 b. 22 c. 320 d. 120 Feedback Your answer is correct. In a visual inspection situation, one of the best ways to minimize deterioration of the quality level is to: Select one: a. have a program of frequent eye exams. b. retrain the inspector frequently. c. add variety to the task. d. have a standard to compare against as an element of the operation. Feedback Your answer is correct. Which of the following elements is least necessary to a good corrective action feedback report? Select one: a. What caused the failure b. Who caused the failure c. What correction has been made d. Wh
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