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b) c) d) Your supplier is asking for the contract start date and you respond that no contract is in place yet. For a legal

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b) c) d) Your supplier is asking for the contract start date and you respond that no contract is in place yet. For a legal contract all the following elements must be present except? offer and acceptance exchange of money legal capacity legal purpose During the make-or-buy analysis your team considered the immediate need for specialized hardware as well as the long-term need expressed by the organization. If the organization anticipates a long-ten'n need for the item, then: the cost charged to the project may be more than actual costs the cost charged to the project will be the actual costs the cost charged to the project may be less than actual costs the cost charged to the project may include the organization's investment for the future Hausmann Associates is in the process of a make-or-buy decision related to a project management methodology tool. If Hausmann decides to make a purchase, its ideas will be documented in the: procurement management plan quality management plan project management plan scope management plan Procurement documents need to be rigorous and flexible. One way to do this is to: invite sellers to submit a proposal that needs not be wholly responsive to the request and to provide a proposed alternative solution invite sellers to submit a proposal that is wholly responsive to the request and to provide a proposed alternative solution invite sellers to submit a proposal that is wholly responsive to the request and not allow a proposed alternative solution invite sellers to submit a proposal that needs not be wholly responsive and not allow a proposed alternative solution As a manufacturer of computer hardware you buy many components from suppliers. A new supplier has just been put under contract. The contract with this supplier is complex and continues for hundreds of pages. After the contract has started. contradictions are found between different sections of the contract. In this situation we generally: follow the order of precedence section of the contract follow the sections of the contract written by the buyer follow the sections of the contract written by the seller follow the statement of work over the acceptance criteria Your procurement manager keeps talking about a Time and Materials Contract These contracts often resemble what other contract type? cost plus percentage of costs cost plus xed fee unit price fixed price You take over a project as the present project manager is leaving the organization. You notice on the contract with an outside customer that there is a handwritten comment initialed by both parties authorized representatives. In general: handwritten previsions prevail over printed previsions printed previsions prevail over handwritten previsions the contract is void since there are handwritten provisions general terms prevail over detailed terms

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