Project Procurement Management
Über den Vortrag
Der Vortrag „Project Procurement Management“ von Grey Campus ist Bestandteil des Kurses „Project Management Professional“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
- Section Overview and Objectives
- Project Procurement Management
- Procure Management Plan
- Conduct Procurements
- Control Procurements
- Close Procurements
Quiz zum Vortrag
What is the top reason for global outsourcing of IT services?
- A shortage of qualified personnel
- Cost reduction
- Decreasing time to market
- Increasing revenues
Your organization hired a specialist in a certain field to provide training for a short period of time. Which reason for outsourcing would this example fall under?
- Accessing skills and technology
- Reducing cost
- Allowing the client organization to focus on its core business
- Providing flexibility
In which procurement management process is an RFP (request for proposal) often written?
- Planning procurement management
- Conducting procurements
- Controlling procurements
- Selecting procurements
An item you need for a project has a daily lease cost of $200. If you decide to purchase the item, the investment cost is $6,000 and the daily cost is $100. After how many days will the lease cost be the same as the purchase cost?
- 60 days
- 30 days
- 40 days
- 50 days
Which type of contract has the least amount of risk for the buyer?
- Fixed-price
- Cost plus incentive fee (CPIF)
- Time and Material
- Cost plus fixed fee (CPFF)
What is the point at which the contractor assumes total responsibility for each additional dollar of contract cost?
- Point of Total Assumption
- Breakeven point
- Share ratio point
- Point of reconciliation
If your college university wanted to get information from potential sellers for providing a new sports stadium, what type of document would be required of the potential sellers?
- Proposal
- RFP
- RFQ
- Quote
What do buyers often prepare when selecting a seller to make the process more manageable?
- Short list
- Preferred list
- Qualified Suppliers list
- BAFO list
A proposal evaluation sheet is an example of a(n) ...
- weighted scoring model
- RFP
- NPV analysis
- Earned value analysis
Which term is used to describe various procurement functions that are now done electronically?
- E-procurement
- eBay
- E-commerce
- EMV
What are three basic contract types?
- Fixed-price, Cost reimbursable and Time & materials
- Negotiated, fixed-fee and blanket order
- Fixed-fee, cost reimbursable, incentive
- Fixed-fee, Time & materials, unit rate
Which of the following is not an element of a contract?
- Negotiation
- Consideration
- Competent parties
- Offer
What is a RFP?
- A form of solicitation that asks for skilled inputs to solve a problem
- A modified form of a fixed-fee contract
- A form of change order
- None of the above
When should the evaluation criteria for proposals be developed?
- During the solicitation planning step
- Only after the proposals have been received
- In the procurement planning step
- As part of the make-or-buy decision
Who should lead the contract negotiation phase?
- The procurement manager
- The accounting representative
- The functional manager
- The Project Manager
What is an advantage to the buyer of a fixed-price contract?
- It puts the risk on the seller
- It requires less work on the buyer's behalf to develop the bid
- It is easier to make changes during execution
- Work can began before all of the project documents are in place
Why is an internal contract not a real contract?
- Someone higher up in the organization can void the agreement
- It is a real contract
- Most organizations so not allow internal contracts
- None of the above
What is a make-or-buy analysis?
- A method of determining elements that must be obtained from outside
- A method of determining elements that will be part of the project
- A method of determining the type of contract to use
- A method of identifying the bidders
Which of the following contract types puts the most risk on the buyer?
- Cost reimbursable with a percentage fee (CPPF)
- Fixed fee (FF)
- Negotiated price
- Cost reimbursable with a fixed fee (CPFF)
What are terms and conditions?
- A listing of definitions that apply to the contract
- Part of the proposal evaluation
- Part of the negotiation process
- The procurement plan
What are the four types of dispute resolution?
- Negotiation, mediation, arbitration and litigation
- Discussion, negotiation, mediation, arbitration
- Arbitration, litigation, accommodation, amelioration
- Listening, evaluating, negotiating, cooperating
Why should bids not be opened until a specified time?
- All of the above
- The supplier has the right to modify or withdraw their bid until the specified time
- It is against the law in most government work
- To do so might compromise the bid evaluation
A time and materials contract could be used when ...
- Quantities are unknown but a rate per unit is desirable
- All documents and specifications have been completed
- More than one seller has submitted a bid
- The buyer demands a warranty
Why are incentives (bonus/penalty) used?
- To reward good performance and penalize poor performance
- To protect the seller
- To protect the buyer
- To help in the evaluation process
Detailed specifications ...
- are not used in a time and materials contract
- describe how a product must perform
- describe how a product must be made
- are the same as standards
Dozent des Vortrages Project Procurement Management
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Auszüge aus dem Begleitmaterial
... to learn within the Project Procurement Management section: What is involved with planning procurement? What is the ...
... outside the project team. Processes: 12.1 Plan Procurement Management. ...
... determines whether to acquire outside support and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it. Inputs Tools & Techniques ...
... certain items from sellers and coordinating extra time needed to procure these items with development of the project schedule - Handling the make-or-buy decisions and linking them into the Estimate Activity Resources and Develop Schedule processes - Setting the scheduled dates in each contract deliverables and coordinating with the schedule development and control processes - Identifying requirements to be provided to ...
... Contracts (FFP) Fixed Price Incentive Fee Contracts (FPIF) Fixed Price with Economic Price Adjustment Contracts ...
... 5. Advertising 6. Analytical techniques 7. Procurement negotiations 1. Selected sellers 2. Agreements 3. Resource calendars 4. Change requests 5. Project management plan updates 6. Project documents updates 1. Procurement management plan 2. Procurement document ...
... short list of qualified sellers based on preliminary proposals. Conduct a more detailed evaluation based on a more specific and comprehensive requirements document requested ...
... system 2. Procurement performance reviews 3. Inspections and audits 4. Performance reporting 5. Payment systems 6. Claims administration 7. Records management system 1. Work performance information 2. Change requests 3. Project management plan updates 4. Project documents updates ...
... Controlling Procurements - Direct and Manage Project ...
... Techniques Outputs 1. Procurement audits 2. Procurement negotiations 3. Records management system 1. Closed procurements ...
... each of the following: What is involved with planning procurement? What is the Procurement Management ...
