Question
7. What is a hybrid type of contract that is often used for staff augmentation or any outside support in which a precise statement of
7. What is a hybrid type of contract that is often used for staff augmentation or any outside support in which a precise statement of work cannot be defined, and which often includes a not- to-exceed value and time limit to prevent unlimited cost growth?
a. time and material
b. cost-reimbursable
c. fixed price
d. incentive fee
8. The type of procurement document that might be used to request prices for standard products or services is called a(n) .
a. request for proposal (RFP)
b. request for information (RFI)
c. invitation for negotiation (IFN)
d. request for quotation (RFQ)
9. During which of the following processes is evaluation criteria developed, in order to evaluate potential sellers?
a. plan procurement
b. conduct procurement
c. control procurement
d. plan communication management
10. Procurement performance reviews, contract change control systems, payment systems, andperformance reporting are all tools and techniques for which procurement process?
a. plan procurement management
b. conduct procurements
c. close project
d. control procurements
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