What is the responsibility of the project manager and the functional manager respectively?
Answer(s): B
Which is used to solicit proposals from prospective sellers?
Answer(s): C
12.1.3.3 Procurement DocumentsProcurement documents are used to solicit proposals from prospective sellers. Terms such as bid, tender, or quotation are generally used when the seller selection decision will be based on price (as when buying commercial or standard items), while a term such as proposal is generally used when other considerations, such as technical capability or technical approach are paramount. Common terms are in use for different types of procurement documents and may include request for information (RFI), invitation for bid (IFB), request for proposal (RFP), request for quotation (RFQ), tender notice, invitation for negotiation, and invitation for seller’s initial response. Specific procurement terminology used may vary by industry and location of the procurement. The buyer structures procurement documents to facilitate an accurate and complete response from each prospective seller and to facilitate easy evaluation of the responses. These documents include a description of the desired form of the response, the relevant procurement statement of work (SOW) and any required contractual provisions. With government contracting, some or all of the content and structure of procurement documents may be defined by regulation.The complexity and level of detail of the procurement documents should be consistent with the value of, and risks associated with, the planned procurement. Procurement documents are required to be sufficient to ensure consistent, appropriate responses, but flexible enough to allow consideration of any seller suggestions for better ways to satisfy the same requirements.Issuing a procurement request to potential sellers to submit a proposal or bid is normally done in accordance with the policies of the buyer’s organization, which can include publication of the request in public newspapers, in trade journals, in public registries, or on the internet.
In which Project Management Process Group is the project charter developed?
Initiating Process Group. Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.Process: 4.1. Develop Project CharterDefinition: The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.Key Benefit: The key benefit of this process is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project. Inputs1. Project statement of work2. Business case3. Agreements4. Enterprise environmental factors5. Organizational process assetsTools & Techniques1. Expert judgment2. Facilitation techniquesOutputs1. Project charter
Which can be used to determine whether a process is stable or has predictable performance?
Control charts, are used to determine whether or not a process is stable or has predictable performance. Upper and lower specification limits are based on requirements of the agreement. They reflect the maximum and minimum values allowed. There may be penalties associated with exceeding the specification limits. Upper and lower control limits are different from specification limits. The control limits are determined using standard statistical calculations and principles to ultimately establish the natural capability for a stable process. The project manager and appropriate stakeholders may use the statistically calculated control limits to identify the points at which corrective action will be taken to prevent unnatural performance. The corrective action typically seeks to maintain the natural stability of a stable and capable process. For repetitive processes, the control limits are generally set at ±3 s around a process mean that has been set at 0 s. A process is considered out of control when: (1) a data point exceeds a control limit; (2) seven consecutive plot points are above the mean; or(3) seven consecutive plot points are below the mean. Control charts can be used to monitor various types of output variables.Although used most frequently to track repetitive activities required for producing manufactured lots, control charts may also be used to monitor cost and schedule variances, volume, and frequency of scope changes, or other management results to help determine if the project management processes are in control.
When sequencing activities, what does the common acronym FF stand for?
Answer(s): D
A finish-to-start (FS) relationship between two activities implies that the initiation of successor is dependent on the completion of predecessor.A finish-to-finish (FF) relationship between two activities implies that the completion of successor is dependent on the completion of predecessor.A start-to-start (SS) relationship implies that the initiation of successor is dependent on the initiation of predecessor.A start-to-finish (SF) relationship between two activities implies that the completion of successor is dependent on the initiation of its predecessor
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