Quiz Executing-Procurement

A project manager is in the process of gathering sellers’ responses, selecting a seller, and then awarding the contract. This process is called Conduct Procurements and is part of the _______ process group.

Monitoring and Controlling
Control Procurements
Planning
Executing

A project manager prepared the statement of work and developed the procurement management plan. She also has the bid package ready for distribution to the sellers. Which process does she go through next?

Control Procurements
Procure Seller
Plan Procurement Management
Conduct Procurements

In which process will you use a qualified seller list?

Plan Procurement Management
Resource Procurements
Conduct Procurements
Contract Negotiation

You are leading a project to outfit a new manufacturing facility. The central focus on the facility will be the metal forming and finishing areas. You are currently conducting procurements to obtain a contract with a seller to provide six industrial presses and two lathes. Which of the following best describes the characteristics of a qualified seller list?

A list of sellers whose qualifications and experience demonstrate they are competent to perform the work
A list of sellers whose qualifications and experience are of highest quality
A list of sellers who have qualified people in their teams
A list of sellers whose qualifications and experience have been reviewed thoroughly

Which of the following is incorrect regarding a bidder conference?

The answer to a seller question should be openly provided to all the sellers
First-time bidders should be given extra attention to encourage them to bid
A bidder conference should have ample time dedicated so that all the sellers have a chance to ask questions
The objective is to have all the sellers develop the same understanding of the bid

A project manager issued a purchase order to a seller to provide catering services during a major event. The event is a three-day meeting to be held for requirements gathering. Which process is the project manager performing?

Close Procurements
Control Procurements
Plan Procurement Management
Conduct Procurements

Advertising as a tool is generally used in which of the following processes?

Conduct Procurements
Plan Procurement Management
Control Procurements
Close Procurements

The company lacks the internal resources necessary to complete the detailed engineering design required to complete the project currently underway. What method should the project manager use to evaluate the list of potential contractors?

Create a lessons learned document
Conduct a performance review
Use proposal evaluation review techniques
Perform make or buy analysis

Your company has a defined procurement department that is managing procurements for your project. Which of the following best describes your responsibility as a project manager regarding procurements in such an environment?

The project manager’s authority may be diminished
The project manager may assume the purchasing authority role to negotiate and sign contracts
The project manager may assume a role limited to negotiating contracts only
The project manager provides details of the project’s risks

You are the project manager of a business application enhancement project. During planning, you have identified that internal resources will not be available to perform a portion of the work and therefore advertise that sellers bid for the right to complete the work. Before evaluating the submitted bids, you ask an internal resource to provide an estimate of the work, which was estimated to be $150,000. In response to the invitation to bid; 30 prospective sellers obtained the statement of work and terms of the contract for review; 24 attended the bidder conference, but only one submitted a bid for $300,000. All of the following may have been the reason except:

The SOW was vague and not detailed enough to provide prospective sellers the opportunity to assess their capability to deliver the work
The terms of the contract were unfavorable for the seller
Bids were colluded in favor of the submitted bid
The internal team estimate must be incorrect

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