Free PPM-001 Exam Braindumps (page: 42)

Page 42 of 164

Sally is a project manager working on a project that will require a specially engineered machine. Only three manufacturers can make the machine to the specifications Sally needs. The price of this machine is particularly critical to this project. The budget is limited, and there's no chance of securing additional funds if the bids for the machine come in higher than budgeted. She's developing the evaluation criteria for the bidders' responses and knows all of the following are true except for which one?

  1. Sally will review the project management plan, including the risk register, as inputs to this process.
  2. Sally will base the evaluation criteria on price alone since the budget is a constraint.
  3. Sally will update the contract statement of work with any new information.
  4. Sally will use standard contract forms provided by her procurement department to write the contract for this machine.

Answer(s): B

Explanation:

Evaluation criteria can be based on price alone when there are many vendors who can readily supply the good or services. The question states that only three vendors make the machine, which means evaluation criteria should be based on more than price.



Failure costs are also known as which of the following?

  1. Internal costs
  2. Prevention costs
  3. Cost of keeping defects out of the hands of customers
  4. Cost of poor quality

Answer(s): D

Explanation:

Failure costs are associated with the cost of quality and are also known as cost of poor quality.



During the opening rounds of contract negotiation, the other party uses a fait accompli tactic.
Which of the following statements is true about fait accompli tactics?

  1. One party claims the issue under discussion was documented and accepted as part of Scope Verification.
  2. One party claims the issue under discussion has already been decided and can't be changed.
  3. One party claims to accept the offer of the other party, provided a contract change request is submitted describing the offer in detail.
  4. One party agrees to accept the offer of the other party but secretly knows they will bring the issue back up at a later time.

Answer(s): B

Explanation:

Fait accompli is a tactic used during contract negotiations where one party convinces the other that the particular issue is no longer relevant or cannot be changed. Option B is not correct because Scope Verification does not generally occur during contract negotiations since the work of the project has not yet been performed.



The most rapid Estimate Costs technique is:

  1. Analogous estimating
  2. Template estimating
  3. Computerized estimating
  4. Square foot estimating

Answer(s): C

Explanation:

Computerized estimating rapid Estimate Costs technique



Page 42 of 164



Post your Comments and Discuss GAQM PPM-001 exam with other Community members:

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