PMI PMP-Project Management Professional Practice Exam Q. 1671 to 1680
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Set of 10 Questions
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Q. 1671: As the buyer is involved in creating a request for proposals (RFP). for an infrastructure project, they will provide these to sellers of services. All of the following are names used for a seller except?
A. Contractor
B. Service provider
C. Supplier
D. Acquiring organization
Section: Mix Questions
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Q. 1672: What type of contract provides the buyer with the most risk and seller the least risk?
A. Fixed-price
B. Time and material
C. Cost-plus-fixed-fee
D. Cost-plus-percentage of cost
Section: Mix Questions
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Q. 1673: The project will be using a company to provide the technicians for a national network upgrade project. Presently, the team is receiving proposals to select the vendor that will do the work. In what process is the team involved?
A. Plan Contracting
B. Plan Purchases and Acquisitions
C. Select Sellers
D. Request Seller Responses
Section: Mix Questions
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Q. 1674: The project will be using a company to provide the technicians for a national network upgrade project. Presently, the team is meeting with potential vendors, showing them more details associated with the work of the project, as well as answering any questions they have about the work before their proposals are submitted. What is this called?
A. Request Seller Responses
B. Bidders conference
C. Select Sellers
D. Request for information
Section: Mix Questions
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Q. 1675: The Project Manager is involved in acquiring the project team on a highway expansion project. She is presently discussing salary, working hours, travel, and benefits. What is the key tool she is utilizing?
A. Staffing management plan
B. Organizational chart
C. Project team directory
D. Negotiations
Section: Mix Questions
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Q. 1676: Which of the following would a Contract Administrator use if they are using a unilateral contract?
A. Statement of work
B. Purchase order
C. Time and material
D. Cost-plus
Section: Mix Questions
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Q. 1677: The Project Manager is creating an estimate for building a company WAN (wide area network.) As the Project Manager, you have undertaken the make-or-buy decision and determined that the WAN implementation should be outsourced because your company does not have the expertise. After receiving all the vendor proposals, you find that two of the proposals specify cost-plus-fixed-fee, two other of the vendors specify fixed-price, another two specify cost-plus-incentive-fee, and the last two specify time and material. Which of the proposals would present the least probability of loss for the company?
A. Proposals that use fixed-price
B. Proposals that use cost-plus-fixed-fee
C. Proposals that use time and material
D. Proposals that use cost-plus-incentive-fee
Section: Mix Questions
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Q. 1678: The project is in the phase of doing procurement audits. It is important to identify the successes and failures of the procurement process. This identification is important for formal acceptance and closure. What process is the project in?
A. Quality Assurance
B. Closing
C. Close Project
D. Contract Closure
Section: Mix Questions
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Q. 1679: A project you have been managing is falling behind schedule. You have received approval to crash the project by adding an additional programmer. The cost you have negotiated is $60 US per hour. The programmer will work on the project until it is complete, then the contract will end. What type of contract is this?
A. Cost-plus
B. Purchase order
C. Time and materials
D. Fixed-price
Section: Mix Questions
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Q. 1680: You are the Project Manager for a national satellite rollout project. You are required to purchase and integrate reporting software for all the retail stores. As the Project Manager, you want one price from the vendors for the purchase and implementation of this product. What type of document should be used?
A. Invitation for bid
B. Request for quote
C. Request for proposal
D. Request for information
Section: Mix Questions
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