Question 18 (2 points)

Sole source justifications can be all EXCEPT when:

Question 18 options:

	The buyer decides to outsource to a specific seller strategically
	There are a lot of good suppliers in the market
	There is unique product base
	Transition costs from an existing supplier can be extremely high

Question 19 (2 points)

Jacqueline is a seasoned project manager working for a design firm, and is highly regarded for her negotiation skills. After conducting a make or buy analysis, Jacqueline decides to negotiate buying part of the project scope from a local supplier. Jack is a project coordinator working with Jacqueline on the same project, and he noted during negotiations that he would be able to purchase the same project scope for 15% less from the manufacturer, but would have to wait for delivery once the production run is completed. The local supplier was considering lowering the price even if it meant they would not make a profit on the component. Jacqueline evaluated the information she received from Jack regarding the 15% price difference and noted that the price did not include shipping and would delay the project by four weeks. Jacqueline paid the full asking price to the local supplier. Why did Jacqueline not negotiate the lower price despite having the upper hand on the local supplier?

Question 19 options:

	The local supplier had the inventory
	Jacqueline did not want to delay the project
	Jacqueline negotiated a win-win outcome
	The local supplier had more experience with the component

Question 20 (1 point)

Which of the fallowing is a type of non-competitive procurement?

Question 20 options:

	Single Source - Only one seller
	Both "single source" and "sole source"
	Sole Source-Preferred Seller
	None of the choices

Question 21 (2 points)

What are some challenges with Fixed Price Contracts for the buyer?

Question 21 options:

	Quality issues
	Scope misunderstandings
	All of the above
	None of the above

Question 22 (2 points)

According to PMBOK 6^th Ed. the following processes are project procurement management processes except:

Question 22 options:

	Control Procurements
	Close Procurements
	Plan Procurement Management
	Conduct Procurements