Which of the following is a process whereby modifications to documents, deliverbles, or baselines associated with the project are identified documented, approved, or rejected? a. Project management plan updates b. Change control Change control is a process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected. See Glossary: Control Change Which of the following identifies any document or
communication that defines the initial intentions of a project? a. Deliverable d. Agreement An agreement is any document or communication that defines the initial intentions of a project. This can take the form of a contract, memorandum of understanding (MOU), letters of agreement, verbal agreements, email, etc. See
Glossary: Agreement What is the right to appy project resources, expend funds, make decisions, or give approvals? a. Authority a. Authority Authority is the right to apply project resources, expend funds, make
decisions, or give approvals. See glossary: Authority Project Procurement Management includes all of the following EXCEPT: a. The project manager should ensure that all procurements meet the specific needs of the project. b. Procurement uses a single contract for each project. Procurement involves agreements that describe: See Section X4.9 Key Concepts for Project Management All of the following are inputs to the Plan Procurement Management process EXCEPT: a. Procurement strategy a. Procurement strategy Plan Procurement Management-Inputs: See Figure 3-24 Plan Procurement Management: Inputs and Outputs When a buyer seeks to ensure that a proposal selected will offer the best quality for the services required, what type of evaluation is used: a. Governance criteria b. Source selection criteria In choosing evaluation criteria, the buyer seeks to ensure that the proposal selected will offer the best quality for the services required. The source selection criteria may include but are not limited to: capability and capacity; product cost and life cycle cost; delivery data; technical expertise and approach; specific relevant experience. See Section 12.1.3.5 Source Selection Criteria All legal contractual relationships a.
Fixed-price contracts c. Request for proposal ( RFP ) All legal contractual relationships generally fall into one of two broad families: See Section 12.1.1.6 Organizational Process Assets Which of the following tools and techniques of Conduct Procurement is a form of communicating with users or potential users of a product, service, or result? a. Expert judgment b. Advertising Conduct Procurement-Tools & Techniques include: See Figure 12-4. Conduct Procurements: Inputs, Tools & Techniques, and Outputs Which phrase
BEST describes the a. A technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project d. A set of attributes desired by the buyer which a seller is required to meet or exceed to be selected for a contract. Source selection criteria: a set of attributes desired by the buyer which a seller is required to meet or exceed to be selected for a contract. See source selection criteria The buyer prepares procurement a. Source selection criteria and independent cost estimates d. Control procurement documents Procurement documentation provides a written record used in reaching the legal agreement and may include older documents predating the current project. Procurement documentation can include: See Section 12.2.1.3 Procurement Documentation All of the
following statements related to a. Some government jurisdictions require public advertising of certain types of procurement items. b. Advertisements in general circulation publications and using online resources can cause public pressure, resulting in bid disputes. Advertising is communicating with users or potential users of a product, service, or result. Existing lists of potential sellers often can be expanded by placing advertisements in general circulation publications such as selected newspapers or in specialty trade publications. Most government jurisdictions require public advertising or online posting of pending government contracts. See Section 12.2.2.2. Advertising Procurement negotiation should be led a. The project manager d. A member of the procurement team who has the authority to sign contracts Procurement negotiation clarifies the structure, rights, and obligations of the parties and other terms of the purchases so that mutual agreement can be reached prior to signing the contract. The negotiation should be led by a member of the procurement team that has the authority to sign contracts. See Section 12.2.2.5. Interpersonal and Team Skills Which of the following best describes a. Requested changes where the buyer and seller cannot reach an agreement on compensation for the change a. Requested changes where the buyer and seller cannot reach an agreement on compensation for the change Contested changes and potential constructive changes are those requested changes where the buyer and seller cannot reach an agreement on compensation for the change or cannot agree that a change has occurred. See Section 12.3.2.2 Claims Administration Statement of work, payment information a. Requirements documentation d. Procurement documents Procurement documentation contains complete supporting records for administration of the procurement processes. Procurement documentation includes See Section 12.3.1.4 Procurement Documentation Which of the following are documented a. Disputes b. Claims Contested changes and potential constructive changes are those requested changes where the buyer and seller cannot reach an agreement on compensation for the change or cannot agree that a change has occurred. See Section 12.3.2.2. Claims Administration Constructive changes are: a. Identified and documented by project correspondence a. Identified and documented by project correspondence Requested but unresolved changes can include direction provided by the buyer or actions taken by the seller, which the other party considers a constructive change to the contract. Since any of these constructive changes may be disputed by one party and can lead to a claim against the other party, such changes are uniquely identified and documented by project correspondence. See Section 12.3.3.4 Change Requests Which of the following are included in a. Seller invoices c. Modifications to the terms and conditions of the contract Approved change requests can include modifications to the terms and conditions of the contract, including the procurement statement of work (SOW), pricing, and descriptions of the products, services, or results to be provided. See Section 12.3.1.5 Approved Change Requests Which of the following is an output of Control Procurements, the requirements for which are usually defined in the terms and conditions of the contract and are included in the procurement management plan? a. Agreements d. Closed procurements Requirements for formal procurement closure are usually defined in the terms and conditions of the contract and are included in the procurement management plan. Typically, all deliverables should have been provided on time and meet technical and quality requirements, there should be no outstanding claims or invoices, and all final payments should have been made. See Section 12.3.3.1 Closed Procurements Which of the following are tools and techniques of the conduct procurements process?Analytical Techniques. One such analysis could be to check the track record of the seller on past projects of similar nature. ... . Advertising. Ads are the best way to get in touch with sellers. ... . Bidder Conferences. Interested sellers will bid for your project. ... . Independent Estimates. ... . Procurement Negotiation.. Which of the following is not a tool and technique for the plan procurements process?The correct answer is a combination of Market Research, Make/Buy analysis and Expert Judgment. Risk Register is an Input and not a Tool/Technique for the Plan Procurement Management process.
What are the 5 steps of procurement process?The Stages of Procurement. Stage 1: Identify a need for products and/or services. ... . Stage 2: Create and submit a purchase request. ... . Stage 3: Evaluate and select suppliers/vendors. ... . Stage 4: Negotiate the terms of a contract with the selected supplier. ... . Stage 5: Finalize a purchase order.. What are the 4 main processes of project procurement management?Once you're ready to procure goods from a vendor, project procurement management is broken down into four processes.. Plan Procurement Management. Procurements are first identified during the planning phase of the project. ... . Conduct Procurements. ... . Control Procurements. ... . Close Procurements.. |