The negotiation should be led by a member of the procurement team that has the authority to sign contracts. Which of the following do you NOT have to worry about? Quizlet Stakeholders can be identified in which project management process groups? 06/15/2017 by Mod_GuideK 0. Web15. {"appState":{"pageLoadApiCallsStatus":true},"articleState":{"article":{"headers":{"creationTime":"2016-03-26T13:55:47+00:00","modifiedTime":"2016-03-26T13:55:47+00:00","timestamp":"2022-09-14T18:12:37+00:00"},"data":{"breadcrumbs":[{"name":"Academics & The Arts","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33662"},"slug":"academics-the-arts","categoryId":33662},{"name":"Study Skills & Test Prep","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33772"},"slug":"study-skills-test-prep","categoryId":33772},{"name":"PMP Certification","_links":{"self":"https://dummies-api.dummies.com/v2/categories/34326"},"slug":"pmp-certification","categoryId":34326}],"title":"Conduct Procurements Tools and Techniques You Should Know for the PMP Certification Exam","strippedTitle":"conduct procurements tools and techniques you should know for the pmp certification exam","slug":"conduct-procurements-tools-and-techniques-you-should-know-for-the-pmp-certification-exam","canonicalUrl":"","seo":{"metaDescription":"If the procurement department doesnt have a list of qualified sellers on the PMP Certification Exam, you might need to do some research to find candidates to s","noIndex":0,"noFollow":0},"content":"
If the procurement department doesnt have a list of qualified sellers on the PMP Certification Exam, you might need to do some research to find candidates to send the procurement documents to. They should only be held once c. They should only be held in non-competitive situations d. Answers to any questions asked must be given to all bidders. As the project manager, it would be MOST important to carefully: 21. The subcontractor's qualifications. After a bidder conference, one of the prospective vendors asks the project manager if a WiFi connection is required to establish connectivity with the kiosks. 28. Several of her experts are offsite, but wish to be included. (Rate this solution on a scale of 1-5 below). Which of the following is the MOST correct thing that can be said of this project or the project manager? "Wasn't that the conversation we had when I told you I could not hear you well due to poor cell phone coverage?" Option-A. A few months later, the problem resurfaced. Project Procurement Management Flashcards | Quizlet Procurement Select one: a. 1.Bidder conferences used to: Save. This ensures that all prospective sellers have a clear and common understanding of the procurement. Fairness is addressed by techniques such as collecting questions from bidders or arranging field visits in advance of the bidder conference. Carolyn Wheater teaches math at The Nightingale-Bamford School in New York, New York. CHAPTER 2:PROJECT PROCUREMENT MANAGEMENT During contract negotiations, the goal of the buyer is to: Get the seller to accept the greatest risk, Get the highest quality result for the lowest price, Get the seller to agree to scope changes at no cost to the buyer, Try to get the least amount of work done at the lowest price. The management theory that states that all people can direct their own efforts is: 30. WebFree 2,500+ PMP questions for practice To practice your pre-exam and review each question with detail explanation, let try with our FREE Exam tool New matching, multiple choices exam questions from domain, process, business environment and agile which align with the new 2021 exam contain outline ID 1443 vendor selection vendor management The team member apologizes and says that he was not able to e- mail the deliverable, and it was sent through themail instead. 39. The project manager is expecting a deliverable to be submitted by e-mail from a team member today. Use of screening techniques. A You are in the middle of a complex negotiation when the other party says, "We need to finish in one hour because I have to catch my plane:' That person is using which of the following negotiatian strategies? The different types of contracts are
\nFirm fixed price (FFP)
\nFixed price incentive fee (FPIF)
\nFixed price-economic price adjustment (FP-EPA)
\nCost plus fixed fee (CPFF)
\nCost plus incentive fee (CPIF)
\nCost plus award fee (CPAF)
\nTime and materials (T&M)
\nAfter the seller proposals come in, you apply the source selection criteria developed in the planning process. CHAPTER 19: CONTRACT MANAGEMENT E 1. - Course Hero In addition, the cross-cutting skill of negotiating is likely to be integrated into questions regarding contract negotiation on the exam. Let's not fight over a few thousand dollars," what conflict resolution technique is the project manager trying to use? A project team is creating a project management plan when management asks them to identify project risks and provide some form of qualitative output as soon as possible. A program management office (PMO) chose you to write a purchase order because of your expertise in business writing. 5.Which of the following contract types has the greatest risk with the seller? Questions on Project Procurement Management 8. The project manager is looking at the project's resource needs and lessons learned from past projects. A project has several teams. Answer questions about the project prior to submittal of proposals B. 36. This allows work to begin before the legal eagles are done dotting all the is and crossing all the ts.
\nBefore signing a contract you, or someone on your team with appropriate expertise, should review the potential vendor site to determine its readiness to perform the work. Privacy Policy. 34. When a project manager is engaged in negotiations, nonverbal communication skills are of: 10. (Hide this section if you want to rate later). 24. At the party, the project manager walks around to try to discover any relevant information that would help the project be more successful. A conference must be held only when such a There appear to be many risks on this project, but no one has evaluated them to assess the range of possible project outcomes. 25. Description Bidder conferences are an essential part of the project management process, providing an opportunity for potential contractors to learn about 14. Test Prep. A. procurement performance reviews. (LogOut/ Another stakeholder only wants to describe the functional requirements. Some project deliverables have been changed in accordance with the project management plan. 8.Companies that give part of a procurement contract to multiple suppliers do so to: 9.Which of the following is not one of the three types of specifications discussed in the text? Aaron Rodgers opens up on psychedelics, ayahuasca use at 11/05/2019 Business College answered expert verified Bidder conferences are used to: (A) Answer questions about the project prior to submittal of proposals (B) Are all needed procedures, training, and processes in place? Which of the following reports would be the MOST helpful in finding such information? Why should you hold a mandatory pre bid conference? A procurement professional might not want this split to occur because they would lose ____ in a decentralized contracting environment. Answer questions about the project after contract award C. Debrief the bidder on their performance after completion of the contract D. Solicit pricing information from the bidders on proposed scope changes 2. D. Proposal evaluation techniques. 29. If a project manager wants to report on the actual project results vs. planned results, she should use a: 30. C. Seller invoices. 38. Negotiation is the interpersonal and team skill that can be used for this process. C. This process ensures that the mandatory standard of fairness is followed in the bidding process. Only after a bid or proposal has been produced will there be a meeting with possible sellers known as a bidder conference. internet search. Which of the following is the BEST advice you can give him? They are used to ensure that all prospective sellers have a clear and common understanding of the What is the BEST statement the project manager can make to resolve the conflict? Two people are arguing about what needs to be done to complete a work package. Are the staff in place or available quickly to begin work? What could have avoided this problem? Tree Consultancy is getting 200 computers installed from a vendor. 34. A hurricane caused power outages just when the upgrade was near completion. This can be called a readiness review. Common items to review include
\nAre the staff in place or available quickly to begin work?
\nIs all the necessary equipment maintained and operational?
\nIs there sufficient upfront funding to initiate operations?
\nAre all needed procedures, training, and processes in place?
\nAre a quality program, risk management process, and change control process in place?
\nSometimes projects start late because the buyer assumes the items in the preceding list are in place and ready to go on Day 1, but the seller has those resources working on other jobs until the contract is signed.
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