Quiz

Test 2

Question 1 (1 point)

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For group work, a tool that can be used to allocate work efforts, define roles hold members accountable and outline expectations is:

Question 1 options:

	Group Contracts
	Peer and Self-Evaluation
	Stakeholder Analysis
	Role Clarity

Question 2 (1 point)

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When should defining the roles and responsibilities related to plan procurement management be completed?

Question 2 options:

	Early in the process
	Before the budget is determined
	After the budget has been determined
	Later in the process

Question 3 (1 point)

Which of the following is not part of the enterprise environmental factors that can affect the procurement management plan?

Question 3 options:

	Sellers including their past performance or reputation
	Unique local requirements such as regulatory requirements for local labour or sellers
	Contract management systems, including procedures for contract change control
	Marketplace conditions
	Establish a multi-tier supplier system of un-qualified sellers based on prior experience

Question 4 (1 point)

Saved

Plan procurement management is the process of documenting schedule management and quality metrics for identifying potential sellers

Question 4 options:

	True
	False

Question 5 (1 point)

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Using peer and self-evaluation tools in group contracts helps to:

Question 5 options:

	Provide a method for feedback
	Identify elicitation techniques
	Practice expectation management with project evaluations
	Communicate with stakeholders

Question 6 (1 point)

When working on developing a procurement plan, if your company is wanting to compile details about potential suppliers and their capabilities, which of the following documents would you suggest using?

Question 6 options:

	RFI
	RFP
	RFQ

Question 7 (1 point)

Purchasing is used to advise potential suppliers that you intend to source specific products or services competitively in a transparent and systematic way?

Question 7 options:

	True
	False

Question 8 (1 point)

Purchasing and procurement are the same.

Question 8 options:

	True
	False

Question 9 (1 point)

This contract could be used if the product or service is largely reliant on an input with a price that is governed by supply and demand, a seller could increase the price of the overall contract accordinglywhat type of contract is this?

Question 9 options:

	Fixed-price incentive fee
	Cost-plus award
	Time and materials
	Fixed-price with economic price adjustment

Question 10 (1 point)

Procurement includes preparation and processing of a demand as well as the end receipt and approval of payment

Question 10 options:

	True
	False

Question 11 (1 point)

Purchasing is the overarching umbrella process that includes preparation and processing of a demand as well as the end receipt and approval of payment

Question 11 options:

	True
	False

Question 12 (1 point)

There is only one template to be used for completing all procurement plans from a small job to a massive job, the template should always be the same.

Question 12 options:

	True
	False

Question 13 (1 point)

The procurement process is used to systematically acquire the goods and services required for your business by allowing multiple vendors to give you incentives to work with their company.

Question 13 options:

	True
	False

Question 14 (1 point)

When setting up the template for an RFP you should be vague about the SOW to ensure you have many meetings and communication opportunities with all of the vendors to provide them with clarity about the project goals?

Question 14 options:

	True
	False

Question 15 (1 point)

By including a time frame in your RFP process, you're able to eliminate any vendor who can't work within your time constraints?

Question 15 options:

	True
	False

Question 16 (1 point)

Group contracts are used to:

Question 16 options:

	Hold team members accountable and focus on behaviours crucial to team effectiveness
	Outline the challenges and expectations the team members have from all members and separate the team members who work hard
	Assign the alloted amount time for tasks, social activities and also penalties for not completing the work
	Check attendance and show how often team members are not contributing effectively

Question 17 (1 point)

Which set of the following choices could be used as the selection criteria for a procurement process?

Question 17 options:

	Statement of work, sole source and procurement performance indicators
	Quality and cost based, sole source and highest technical proposal score
	Contract payment types, least cost and quality based
	Least cost, qualifications and fixed price

Question 18 (1 point)

Which of the follow are part of the enterprise environmental factors to be considered during the Plan Procurement phase of the project?

Question 18 options:

	Economic price adjustments
	Contract management systems, including procedures for contract change control
	A multi-page document of quality factors and financial records
	Sellers list including their future performance and potential reputation

Question 19 (1 point)

Specific relevant experience can be used as one of selection criteria for an RFP?

Question 19 options:

	True
	False

Question 20 (1 point)

Adequacy of the proposed approach can be used as one of the selection criteria for an RFP?

Question 20 options:

	True
	False

Question 21 (1 point)

Technical expertise, approach and delivery dates are items that can be used for:

Question 21 options:

	Purchasing Criteria
	Elimination Criteria
	Market Evaluation Criteria
	Selection Criteria

Question 22 (1 point)

Procurement is the cost of completing a project?

Question 22 options:

	True
	False

Question 23 (1 point)

Plan procurement management is performed once and/or at predefined points in a project?

Question 23 options:

	True
	False

Question 24 (1 point)

Procurement dates and contract language are driven by the vendors ability to deliver on time

Question 24 options:

	True
	False

Question 25 (1 point)

Peer and self-evaluation in group contracts are used to evaluate teams and team members to recognize their own strengths and weaknesses

Question 25 options:

	True
	False

Question 26 (1 point)

Statement of work, isincludedin the scope of workdescribes the specific tasks the contractor will perform to meet objectives

Question 26 options:

	True
	False

Question 27 (1 point)

Small companies or large firms at some point may need to complete Request for Proposal and because a procurement processmay need to be tailored to articulate the company's needs thetemplates used are not one-size-fits-all

Question 27 options:

	True
	False

Question 28 (1 point)

Least Cost is one method selection criteria for procurement

Question 28 options:

	True
	False

Question 29 (1 point)

Quality-based/Highest Technical Proposal Score is a criteria that can be used for vendor selection

Question 29 options:

	True
	False

Question 30 (1 point)

Quality and technology is used a procurement selection criteria

Question 30 options:

	True
	False

Question 31 (1 point)

Which of the following definitions is correct?

Question 31 options:

	Scope of work in an RFP or RFQ defines a project's goals, deliverables and performance criteria. Statement of work, includedin the scope of work describes the specific tasks the contractor will perform to meet objectives
	Statement of workin an RFP or RFQ defines a project's goals, deliverables and performance criteria. Scope of work, includedin the statement of work, describes the specific tasks the contractor will perform to meet objectives

Question 32 (1 point)

A document that solicitsproposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset, to potential suppliers to submit businessproposals

Question 32 options:

	RFP
	RFQ
	RFI

Question 33 (1 point)

To compile detail about potential suppliers and their capabilities

Question 33 options:

	RFI
	RFQ
	RFP

Question 34 (1 point)

You get a formal submission from the chosen suppliers to enable comparison of the proposals

Question 34 options:

	RFP
	RFI
	RFQ

Question 35 (1 point)

Which selection criteria requires disclosing the available budget to invited sellers in the RFP and selection the highest-ranking technical proposal within the budget

Question 35 options:

	Qualifications
	Sole source
	Fixed budget
	Technical abilities

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