Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

PMP- Knowledge areas > Procurement management- Knowledge area > Flashcards

Procurement management- Knowledge area Flashcards

1
Q

Procurement mgmt- definition

A

Plans, conducts and controls procurements

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Design SOW

A

is the part of the contract that describes what the seller will do for the buyer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Functionality SOW

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Types of fixed price contracts

A

Firm fixed price(FFP/ LUMPSUM-One price), fixed price incentive fee(FPIF), fixed price economic price adjustment(FPEPA)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Types of cost-reimbursable contracts

A

refer deck. 4 types, CPFF, CPIF, CPAF, CPPC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

TIME &MATERIAL contract

A

a

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

PTA

A

Point of total assumption- see eddies deck

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Types of bid documents

A

Request for proposal(RFP), Request for Quote(RFQ), RFI(Request for information)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Bidder conferences

A

vendor conferences to level set and make it a little bit better for the buyer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

PMP- Knowledge areas (21 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions