1. The project team is determining whether they should complete a work package themselves or outsource the work to someone else. What part of the procurement process must they be in?

Select one:

a. Control Procurements

b. Plan Procurements

c. Close Close Procurements

d. Conduct Procurements

2. Bottom-up budgeting is the most common budgeting method

Select one:

True

False

3. Which are the different types of cost reimbursement contracts? Choose all that apply.

Select one or more:

a. Cost-plus-fixed-fee

b. Cost-plus-incentive-fee

c. Cost-plus-award-fee

d. Time and Materials

4. During what part of the procurement management process does procurement negotiation occur?

Select one:

a. Conduct Procurements

b. Close Procurements

c. Plan Procurement

d. Control Procurements

5.Conduct Procurement is the process of obtaining buyer responses, selecting a buyer, and awarding a technical solution.

Select one:

True

False

6. Which type of budgeting is used for very long or complex procurements?

Select one:

a. Top-down

b. Phased

c. Bottom-up

d. Penny pinching

7. Which are inputs for the control procurements process? Choose all that apply.

Select one or more:

a. Legal Agreements

b. Approved Change Requests

c. Project management plan

d. Procurement management plan

8. Which tools and techniques are used for the plan procurements process? Choose all that apply.

Select one or more:

a. Make-or-buy analysis

b. Quantitative risk analysis and modeling

c. Data gathering and representations

d. Contract types