CAPM - Project Procurement Management Sample Questions

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* 1. Which of these is not an input to the Control Procurements process?

Project management plan

Change requests

Agreements

Work performance data

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* 2. Which of the following is not a tool or technique of the Control Procurements process?

Advertising

Claims administration

Expert judgment

Inspection

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* 3. You have received a proposal for an RFP that was sent to vendors. One of the vendors has proposed doing the project for $12,500. The cost for the project is $10,000, and their profit will be $2,500. Which type of contract is most suitable if the type of work is predictable and the requirements are well-defined and not likely to change?

Cost Plus Percentage of Cost

Fixed price

Cost Plus Fixed Fee

Cost Plus Incentive Fee

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* 4. Your company requires that before you purchase any routers or switches for the data center you are building, you need to solicit quotes from three separate suppliers prior to submitting the purchase request to the finance department. This policy belongs to:

Organizational Process Assets

Enterprise Environmental Factors

Make-or-Buy Decision

Procurement Management Knowledge Area

Question Title

* 5. If you are working on a project with constantly changing scope, which type of contract would work best when hiring an outside vendor to complete a portion of the work?

Time and material

Cost-reimbursable

Lump sum

Fixed price