1.
A buyer and seller have a teaming agreement. Which of the following best describes their relationship?
2.
You’re a project manager planning a project that requires that you hire a contractor. Before you can find sellers, you need to develop a document that defines the portion of the work that the contractor will do. Which of the following is not true about this document?
3.
Which of the following BEST explains the difference between a audit and an inspection during Control Procurements?
4.
You’re creating source selection criteria for your contract. What process are you in?
5.
You’re managing a project when you and the seller both agree that you need to have the seller add more resources to the project in order to finish on time. The number of resources is written into the contract. What’s the BEST way to proceed?
6.
A project manager for a software project hires a subcontractor to build a module that will be used in the rest of the project. When it’s time to integrate that module into the rest of the code, there are serious quality problems. The subcontractor claims that the module meets its requirements, but the project manager’s lead developer says that the requirements have clearly been violated. The contract is unclear about how to handle the situation. It’s clear that the contract needs to be amended to indicate a solution, but there is no agreement on the exact wording of the change. What best describes the next step for the project:
7.
You’re looking for a seller to do work for your project. When do you send out an RFP?
8.
A seller is in trouble because she took on a contract that overran its budget, and now her company has to eat the cost out of their own budget. Which of the following best describes his contract?