TAILIEUCHUNG - Project Management Professional-Chapter 17b (Answer key)

Chapter 17b: Answer key about CONTRACTS AND PROCUREMENT 1. Answer: b A statement of work is the description of what the project is about and what will be delivered. The project plan is complete and contains the detailed work that the project will do, complete with task descriptions and schedule, cost, and scope baselines containing a real schedule and budget. An exception report describes items that are not as planned, and a Pareto analysis is a quality management tool used to prioritize defects into the most frequently occurring. 2. Answer: a In a fixed price contract the supplier is obligated to. | CONTRACTS AND PROCUREMENT 1. Answer b A statement of work is the description of what the project is about and what will be delivered. The project plan is complete and contains the detailed work thatdiepro cct will do complete with task descriptions and schedule cost and . .tadtefg a ml a dudgeioA cuephon repos A . - lw t h aihei a . u P1u a pl .i a huoiityiiiiiti. agemenoiociure drfeel in O reoh freuueprlypceurnyg. 2 Answera In a fixedpisse contracl the s uapliei il obligated lodeliver rhecontraatedTor item at a fixed price. The supplier is aware of the risk and will put an allowance for the sisk indie contracted price. This often means that the project team will pay the supplier for the cost of the risk regardless of whether the risk occurs. i1 3 Answerc The projrclmadugeishouldmuaa eveiyeffart tomakesare tOcIthre oupphierUu aware of the risk before the contract is signed. The project manager is obligated ethicalleto reveal the information to the supplier before the contract is signed. 4 Answer. The make at buy deciiiooianare contractor durchcreoidcr typUiMaUe ar buy refers to the decision process that is used to decide whether or not work should As dine in our own facility or contracted out to a supplier. 5 Answer. The prc jartahi rtairi asern thtfiriu thman udstmuil baloae inmypioject. The project charter according to the Guide to the PMBOK2000 is A docu-menl isssadby uenior management that provides the project manager with the l .llro . naply 011 meer lopsstjaeiocnerries. 6. Answer. Althouahitisnot tothe larteraf aupra isgomgto have much more trouble if the seller cannot make the payroll and cannot complete the 361 362 Preparing for the Project Management Professional Certification Exam contract because tbcircmployccs willnotworkwitbout pay. The bessthing would be to change the contract in some way that is mutually beneficial. 7. In a blanket order alongterm rrderisplaced withtheseller. Thepriceisbared

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