Part 14 - Monitoring and Controlling Risks and Procurements Flashcards
- When a project is terminated before its scheduled completion date, which of these is not a correct action?
A. You should halt further expenditures in an orderly way.
B. You should cancel vendor contracts.
C. You should identify and document reasons for termination.
D. You should work with the sponsor to identify status of complete and incomplete deliverables.
1.
Correct Answer: B
- Which are inputs to administer procurements?
A. Work performance information
B. Contracts
C. Procurement performance reviews
D. Approved change requests
2.
Correct Answer(s): A
B
D
- Which are suitable contract performance milestones?
A. Partial deliveries of the requirements.
B. Deferred deliveries of the requirements.
C. Completion of selected portions of the project work.
D. Delivery of preliminary versions of the product.
3.
Correct Answer(s): A
C
D
- Which of these are true of supplier provided component surveillance?
A. Is illegal monitoring of a supplier’s performance.
B. Is a good way to mitigate risk of supplier non-performance.
C. Is not a suitable acceptance procedure.
D. May include making site visits.
4.
Correct Answer(s): B
D
- As a buyer, what is the purpose of an on-site visit to a supplier?
A. Assess the engagement of the workforce.
B. Determine if your supplier’s employees are legal workers.
C. Determine contract performance.
D. Develop a change control system.
5.
Correct Answer: C
- Which statement is true of the contract change control system?
A. Belongs to the seller rather than the project organization.
B. Contains all of the forms, performance tracking, and procedural information needed to deal with contract changes.
C. Does not feed information into the project’s change control system.
D. Does not include procedures for reviewing and resolving contract disputes.
6.
Correct Answer: B
