PROJECT PROCUREMENT MANAGEMENT

NAME:

SCORE:

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1. The review of a sellers progress toward achieving the goals of scope and quality
within cost and schedule compared to the contract is known as:
a. Work performance information
b. Inspections and audits
c. Payment systems
d. Procurement performance reviews

2. Which process identifies whether the needs of a project can best be met by acquiring
products, services, or results outside of the organization?
a. Plan Procurement Management
b. Control Procurements
c. Collect Requirements
d. Plan Cost Management

3. What are the Project Procurement Management processes?

a. Conduct Procurements, Control Procurements, Integrate Procurements, and
Close Procurements
b. Estimate Procurements, Integrate Procurements, Control Procurements, and
Validate Procurements
c. Plan Procurement Management, Conduct Procurements, Control
Procurements, and Close Procurements
d. Plan Procurement Management, Perform Procurements, Control
Procurements, and Validate Procurements

4. The tools and techniques of the Conduct Procurements process include all of the
following except which one?
a. Bidder conferences
b. Make-or-buy analysis
c. Advertising
d. Internet search

5. You are the project manager for the Heart of Texas casual clothing company. It’s
introducing a new line of clothing called Black Sheep Ranch Wear. You will
outsource the production of this clothing line to a vendor. Your legal department has
recommended you use a contract that reimburses the seller’s allowable costs and
builds in a bonus based on the vendor achieving the performance criteria they’ve
outlined in their memo. Which of the following contract types will you use?
a. CPIF
b. CPFF
c. CPF
d. FPIF

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6. Project contracts generally fall into which of the following three broad categories?
a. Fixed-price, cost reimbursable, time and materials
b. Make-or-buy, margin analysis, fixed-price
c. Time and materials, fixed-price, margin analysis
d. Make-or-buy, lump-sum, cost-plus-incentive

7. The process of obtaining seller responses, selecting a seller, and awarding a contract
is called:
a. Close Procurements
b. Control Procurements
c. Plan Procurements
d. Conduct Procurements

8. You are the project manager for an upcoming outdoor concert event. You’re
working on the procurement plan for the computer software program that will
control the lighting and screen projections during the concert. You’re comparing the
cost of purchasing a software product to the cost of your company programmers
writing a custom software program. You are engaged in which of the following?
a. Procurement planning
b. Using expert judgment
c. Creating the procurement management plan
d. Make-or-buy analysis

9. Which organizational process assets update is performed during the Close

Procurements process?
a. Procurement audit
b. Lessons learned
c. Performance reporting
d. Payment requests

10. Which defines the portion of work included in a contract for items being purchased
or acquired?
a. Procurement management plan
b. Evaluation criteria
c. Work breakdown structure
d. Procurement statement of work