\n<\/p>\n

<\/p>\n

There are two primary types of contracts; fixed costs and cost-reimbursable. For cost-reimbursable there are three options. The options are cost plus fixed fee, cost plus percentage of costs, and ________?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus 30%<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus materials squared<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus incentive fee<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus penalty fee<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 2 <\/a><\/p>\n
The contractual relationship between the buyer and sellerare often confidential. The terms and conditions of the agreement are known as?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Privatization<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Privity<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Procurement policies<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Contract terms<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 3 <\/a><\/p>\n
Often the most cost effective and fair solution determines whether an organization makes or…<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Buys a solution<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Attempts to find an out of the box solution<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Develops an in-house solution<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Has another division of the company drive the solution<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 4 <\/a><\/p>\n
Which of the following is not an acronym for a project document associated with procurement?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
RFP<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
IFB<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
RFQ<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
FIB<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 5 <\/a><\/p>\n
A contract that requires the buyer to pay for the cost of goods and services procured plus a fix fee is known as?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus award fee<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus incentive fee<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus fix fee<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Cost plus direct costs<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 6 <\/a><\/p>\n
An analysis meeting to examine and document the roles of the project is standard. In the meeting the roles, concerns and influences are documented. The meeting is known as?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Stakeholder status meeting<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Profile analysis meeting<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Project status meeting<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
System report meeting<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 7 <\/a><\/p>\n
When classifying stakeholders there are five engagement levels including neutral, supportive, and_______________?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Unaware<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Discouraging<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Negative<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Alienated<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 8 <\/a><\/p>\n
A good PM communicates often with all stakeholder groups. When reviewing stakeholder engagement results, several items should be reviewed. One item of importance is the?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Change management plan<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Stakeholder negativity plan<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Issue log<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Conflict resolution plan<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 9 <\/a><\/p>\n
PM should address stakeholders when both positive and negative news needs to be communicated. However, good PMs address stakeholder groups with?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
A continuous process throughout project<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
A technology avenues<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Contractors communications<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
A Conflict management plan<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Question 10 <\/a><\/p>\n
Which of the following may be a response to stakeholder concerns?<\/p>\n\n\n\n\n\n\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Change requests<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
Removal of stakeholder from list<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
New stakeholder management plan<\/p>\n<\/td>\n<\/tr>\n
\n
<\/p>\n<\/td>\n
<\/td>\n \n
New project management plan<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Question 1 There are two primary types of contracts; fixed costs and cost-reimbursable. For cost-reimbursable there are three options. The options are cost plus fixed fee, cost plus percentage of costs, and ________? Cost plus 30% Cost plus materials squared Cost plus incentive fee Cost plus penalty fee Question 2 The contractual relationship between the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/165636"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=165636"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/165636\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=165636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=165636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=165636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}