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WorksheetsProject Procurement Management
Total questions: 20
Worksheet time: 40mins
Which of the following is not a tool or technique used during the Conduct Procurement process?
Interpersonal and team skills
Bidder conferences
Advertising
Audits
All of the following are tools and techniques in the Control Procurements process except:
Work performance information
Data analysis
Claims administration
Inspection
Controlling procurement activities according to the procurement plan, in order to verify compliance with project objectives, is a task under what process group?
Closing
Monitoring & Controlling
Executing
Planning
Which of the following outputs of the Conduct Procurements process is used as an input to the Control Procurements process?
Organizational process assets updates
Agreements
Selected sellers
Project documents updates
Which of the following is not a tool or technique used during the Control Procurements process?
Meetings
Data analysis
Claims administration
Audits
Which of the following is a type of procurement document used to request price quotations from prospective sellers?
RFQ
RFP
RFI
RFD
Who is responsible for providing a formal notice that a contract has been completed?
The project manager
The stakeholders
The buyer
The seller
Which of the following is a tool or technique in the Control Procurements process that is necessary to facilitate negotiations for the settlement of claims or dispute?
Work performance data
Procurement documentation
Claims administration
Audits
A structured review of the procurement process originating from the Plan Procurement Management process through Control Procurement is called:
Procurement negotiations
Audit
Deliverable acceptance
Lessons learned documentation
Which of the following is an output of the Plan Procurement Management process?
Business documents
Project charter
Project documents
Procurement statement of work
The procurement statement of work is a key output of:
Control Procurements
Plan Procurement Management
Validate Scope
Conduct Procurements
When an organization is in the process of procurement, it can either prepare its own cost estimates or have an outside professional estimator prepare a cost estimate. This estimate is a:
Market estimate
Accurate estimate
True estimate
Benchmark estimate
There are many different costs in relation to a project. The cost of paper products for the office is:
An indirect cost
A specific cost
An appraisal cost
A direct cost
What are two inputs to the Conduct Procurements process?
Procurement management plan; Approved change requests
Procurement management plan; Agreements
Project management plan; Procurement documents
Agreements; Procurement documentation
Which of the following best describes procurement negotiations?
The seller sends the buyer the formal notice that the contract has been completed
The buyer checks the contract against the final invoice to verify that the invoice is correct
The seller reviews the costs associated with the finalized product to ensure payment is recouped for all expenses
The primary goal is the final equitable settlement of all outstanding issues, claims, and disputes
Work performance data as an input to the Control Procurements process includes all of the following except:
The activities that have started, are in progress, or have been completed
Information on seller invoices that have been paid
The costs that have been incurred or committed
The communications between buyer and seller
When can the procurements be considered officially closed?
When the contract is completed or terminated
When the buyer has verified the product
When the buyer and the seller have negotiated a settlement
While the work is being completed
Which of the following is not an example of lessons learned documentation that would be updated as a result of the Control Procurements process?
Where variances occurred
Process improvement recommendations
Techniques that were effective in maintaining costs
Closed contract
Correspondence, payment schedules and requests, and seller performance evaluation documentation are all examples of what output of the Control Procurements process?
Organizational process assets updates
Procurement documentation updates
Project management plan updates
Work performance information
A contract supplier you have used during your project procurements is requesting an update on your most recent payment for a delivered product. What element will you consult to obtain the requested information?
Procurement file
Work Performance Information
Lessons learned repository
Organizational Process Assets
