Question 1

Which of the following is a key method that a buyer can use to transfer risk to a seller?

A	The Delphi Technique.
B	Risk Management Plan.
C	Contract.
D	All of the above.

Question 2

Verification by the buyer of whether final deliverables provided by the seller meet the buyer's acceptance criteria occurs at what point in the Project Procurement Management process?

A	Plan Procurement Management
B	Change Control.
C	Acceptance Plan and Verification Process.
D	Conduct Procurements

Question 3

Work on the Tacoma Narrows Bridge case provided illustrations of many facets of project procurement management and procurement risk mitigation. Which of these procurements proved to be the most disruptive to the project?

A	Wind tunnel study procurement
B	Human resources procurement
C	Barge services procurement
D	Road deck procurement
E	None of the above

Question 4

Project Manager Phil is coordinating a conference to allow sellers to obtain clarification on the services that need to be performed. Under what process of Project Procurement Management would this occur?

A	Confidential Clarification Sessions.
B	Plan Procurements
C	Plan Purchases and Acquisitions.
D	Conduct Procurements

Question 5

Which of the following would not usually be a contract boilerplate item?

A	Payment terms
B	Insurance clause
C	Governing law clause
D	Price adjustment for currency fluctuations
E	Tax clause