1. D. select sellers. Select sellers is the procurement process in which the tea
ID: 372934 • Letter: 1
Question
1.D. select sellers.
Select sellers is the procurement process in which the team is in. As they are discussing the sellers before making any final selection.
2.A. inspections and audits required by the buyer.
a contract change control system defines the process by which the contract can be modified and includes the following, except inspections and audits required by the buyer. As a contract change control system includes all the other options given.
3.B. a project incentive
This is an example of a project incentive, as Janet is offering bonus to the construction company she has contracted for a portion of the project, if the construction company is able to complete that portion of the work by August 30.
4.C. a purchase order
Accounting is referring to a purchase order, which is required as the project manager is trying to purchase a piece of equipment for the project.
5.C. There is a lot of proprietary data
If they asked for my opinion, I might say it would be better to do the work yourself if there is a lot of proprietary data because if the company will give the work to someone outsiders then they would have to turn over proprietary data to that company.
6.B. tell the contractor that the present is above the $25 company policy and decline the tickets.
In such a scenario, I should tell the contractor that the present is above the $25 company policy and decline the tickets. As taking above that set amount as per the company policy will come under bribe.
Explanation / Answer
PMGT 525 Final Exam Instructions: Circle the letter (a, b, c, d, or e) that reflects the correct answer. Use a #2 pencil only. 1. A project team is arguing about the prospective sellers who have submitted proposals. One team member argues for a certain seller while another team member wants the project awarded to a different seller. Whap part of the procurement process is the team in? a. plan purchase and acquisition b. plan contracting c. request seller responses select sellers none of the above d. e. 2. A contract change control system defines the process by which the contract can be modified and includes the following, except: a. inspections and audits required by the buyer b. tracking systems c. paper-work d. dispute resolution procedures e. approval levels necessary for authorizing changes Janet has contracted a portion of the project to a construction company and has offered a bonas to them of if they complete their portion of the work by August 30. This is an example of a. a project requirement b. a project incentive c. a project goal d. a fixed-price contract e. none of the above 4. As a project manager, you need to parchase a piece of equipment for your project. The accounting department has informed you that you need a unilateral form of contract. Accounting is referring to which of the following? a. the Sow b. a legally binding contract e. a purchase order d. e. an invoice from the vendor none of the above 5. The project manager and project spoasor are discussing the project costs and whether it is better to have their own company do part of the project or hire another company to do the work. If they asked for your opinion, you might say it would be better to do the work yourself if a. your company resouarces are limited b. e. d. e. you do not need control over the work there is a lot of proprietary data you have the expertise but you do not have the available manpower all of the above apply 6. It's that time of year when contractors like to give out presents to their clients and a thank you. This is common in the industry and somewhat expected. You are given a dinner-for-two certificate at a very nice restaurant that you and your significant other have wanted to go to. You should: a. take the tickets and have fun b. tell the contractor that the present is above the $25 company policy and decline the tickets c. report the contractor to authorities because this is an obvious bribe d. tell the contractor that you can't take the tickets but if he were to mail them to your house without a return address, then they couldn't do anything but go and have fun take the tickets and offer them as a bonus to one of the team members e.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.