1

1.

Which of thefollowing is not one of the three types of specifications discussed in thetext?

Answer

Design specifications

Material specifications

Performance specifications

Functionalspecifications

2

1.

Which of thefollowing contract types has the greatest risk with the buyer?

Answer

Cost sharing

Cost-Plus-Incentive-Fee

Firm-Fixed-Price

Fixed-Price-Incentive-Fee

3

1.

Which type of cost-plus contract provides the seller with a guaranteed dollar-value profit rather than as a percentage?

Answer

Cost-sharing

Cost-plus-award-fee

Cost-plus-fixed-fee

Cost-plus-incentive-fee

Question 4

1.

An intentional relinquishment of a legal right is a (n):

Answer

Infringement

Breach of contract

Waiver

Termination liability

5

1.

Which type ofcontract has a sharing ratio and a ceiling on the profit?

Answer

Fixed price

Cost-plus-incentive-fee

Cost-plus-fixed-fee

Cost-sharing

Question 6

1.

Billing the cost ofrepairs against a financially closed out project is called _____.

Answer

Back charging

Refinancing

Order of precedence

Arbitration

Question 7

1.

Which of thefollowing is generally not part of %u201CConducting the Procurements%u201D?

Answer

Perform a make-or-buy analysis

Confirm qualified sources

Review pastperformance of sources

Produce a solicitation package

Question 8

1.

A covenant providingrestrictions on certain proprietary knowledge is called a:

Answer

Non compete clause

Non disclosure clause

Non conformance clause

Penalty clause

Question 9

1.

Which type ofcontract has a point of total assumption?

Answer

Cost-plus-incentive-fee

Fixed-price-incentive-fee

Firm-fixed-price

Cost-plus-award-fee

Question 10

1.

Failure to exercise one%u2019sactivity in such a manner that a reasonable person would do in a similarsituation is:

Answer

Negligence

Liquidated damages

Breach of contract

Privity of contract

Question 11

1.

Which quality guruwas heavily involved with quality control charts?

Answer

Deming

Juran

Crosby

Taguchi

Question 12

1.

The collective termfor the formal quality activities and processes is called:

Answer

Quality control

Quality assurance

Quality policies

Quality visions

Question 13

1.

Acceptance samplingis a statistical process for evaluating a portion of lot for the purpose of:

Answer

Measuring the weightof each sample

Measuring the lengthand width of each sample

Measuring the volumeof each sample

Acceptance or rejection of the entire lot

Question 14

1.

The plan-do-check-actcycle is attributed to:

Answer

Deming

Juran

Crosby

Taguchi

Question 15

1.

The primary use ofcontrol charts is to:

Answer

Prevent defects

Detect defects

Reject defects

All of the above

Question 16

1.

Design of experimentsis attributed to:

Answer

Deming

Juran

Crosby

Taguchi

Question 17

1.

If the upper andlower control limits of a process are set at plus or minus three sigma, thenwhat percent of the units produced are expected to satisfy the customer%u2019srequirements?

Answer

68%

95%

99.73%

Impossible todetermine

Question 18

1.

A Pareto Diagram isused to:

Answer

Identify andprioritize quality problems.

Identify the bestcandidate to become project manager

Manage risk

Acquire the executive sponsor%u2019s support for a project

Question 19

1.

Which of thefollowing is not one of the four categories of the cost of quality?

Answer

Prevention

Identification

Internal failures

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 1 Design specifications Design specifications are not one of the three types of specifications discussed in the text The text discusses mat... View the full answer