PROJ 598 Final Exam 2014 - KELLER

PROJ 598 Final Exam 2014 - KELLER

PROJ 598 Final Exam 2014 - KELLER

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Week 8 : Final Week - Final Exam

Question 1.1. (TCO A) All the below are tools and techniques of control procurement, except (Points : 5) claims administration, payment systems, and procurement SOW. performance reviews, record management systems, and change control systems. change control systems, payment systems, and inspections and audits. records management systems, claims administration, and performance reporting.

Question 2.2. (TCO B) Proper selection criteria are critical for a successful project. All of the below would be considered good selection criteria for a buyer to use to select a seller, except (Points : 5) managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision. past work done by seller, intellectual property rights, and risk associated with a given seller. technical capability of seller, understanding of work by seller, and business type of seller. financial capacity of seller, overall cost, and warranty offered by seller.

Question 3.3. (TCO A) Why are the project schedule and the project budget inputs of plan procurement? (Points : 8) Question 4.4. (TCO B) You are creating your SOW for inclusion into the RFP. You wish to include both qualitative and quantitative evaluation criteria in the RFP. Describe qualitative versus quantitative evaluation criteria. (Points : 12)
Question 5.5. (TCO C) Awards and incentives are commonly used in contracts. Are these simply just two different way of saying the same thing, or are awards and inventive contracts different? (Points : 12)

Question 6.6. (TCO D) Describe the typical work relationship between a project manager and a contract manager. (Points : 12)
Question 7.7. (TCO E) You...

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