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Procurement Management TWELvE 30. A seller is awarded a contract to build a pipe

ID: 343954 • Letter: P

Question

Procurement Management TWELvE 30. A seller is awarded a contract to build a pipeline. The contract terms and conditions require work plan to be issued for the buayer's pronide one. Which of the following is the BEST thing for the buyer's peoject manager to do? approval prior to commencing work, but the seller fails to A. File a letter of intent B. Develop the work plan and issue it to the seller to move things along C Issue a defaalt letter D. Issue a stop work order to the seller until a work plan is prepared. 31. Close Procurements is different from Close Project or Phase in that Clase Procurements A. Occurs before Close Project or Phase. R. Is the only one to involve the customer C. Includes the return of peoperty. D. May be done more than once for each contract. 32. You have jast started work on a peocurement when management decides to terminate the contract. What should you do FIRST A. Go back to the Plan Procurement Management process. & Go back to the Conduct Procurements process C. Finish the Control Procurements peocess D. Go to the Close Procurements process 33. The project team is arguing about the prospective selers who have submitted proposals. One team member argues for a certain seller while another team member wants the project to be awarded to a different seller. The BEST thing the project manager should remind the team to iocus on in order to make a selection is the B. Procurement audits C. Source selection criteria. D. Procurement management plan. 34. The performing organization is trying to decide whether to split the procarement departme and assign procurement responsibilities to departments directly responsible for the projects A procurement professional might not want this split to occur because he or she would lose in a decentralized contracting environment A. Standardized company project management practices B. Loyalty to the project C. Experience D. Access to others with similar expertise 35, Your project team member delivers a project deliverable to the buyer. However, the buyer refuses the deliverable, stating it does not meet the requirement on page 300 of the technical specifications. You review the document and find that you agree. What is the BEST thing to do? A. Explain that the contract is wrong and should be changed R. Issue a change order C Review the reqairements and meet with the responsible team member to review the WBS dictionary Call a meeting of the team to review the requirement on page 520

Explanation / Answer

30. D. Issue a stop work order to the seller unitl a work plan is prepared.

Stop work order is issued when a client wants work to be suspended, rather than cancel the contract. The purpose of the suspension is to review the status before decising about the extent and type of termination of the contract. If the client wants the contract to be reinstated, then the stop work order must be cancelled.

31. A. occurs before Close project or phase

Close procurement occurs when the contract involves procurement, and it reaches its deadline or in case the contract is terminated without work completion. Project closure occurs when all the activities across project management process groups are completed. It is evident from these definitions that procurement close occurs before project close.

32. D. Go to the close procurement process

This is a case of premature termination. Procurement close occurs in this case.

33. C. Source Selection criteria

it is a set of attributes which are desirable by the buyer. The sellers which are able to meet or exceed the criteria are shortlisted for further evaluation.

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