Project Management Professional (PMP) Exam Practice – Question2052

A single-phase construction project is in the process of closing. There are a number of processes coming together as things finish up to complete the work of the project. Which of the following is correct?


A.
Contract Closure will come before Close Project
B. Close Project happens only if the project is completed as planned
C. Close Project and Contract Closure happen at the same time
D. Close Project will come before Contract Closure

Correct Answer: D

Project Management Professional (PMP) Exam Practice – Question2051

A project will be using a vendor to purchase infrastructure equipment for a national network upgrade venture for the U.S. Government. The government has requested a proposal from prospective sellers of the equipment. What type of document is being provided
to the sellers?


A.
Request for information (RFI).
B. Request for proposals (RFP).
C. Invitation for bid (IFB).
D. Request for quote (RFQ).

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question2050

You are the Project Manager for a national satellite rollout project. You are required to purchase and integrate reporting software for all the retail stores. As the Project Manager, you want one price from the vendors for the purchase and implementation of this
product. What type of document should be used?


A.
Invitation for bid
B. Request for quote
C. Request for proposal
D. Request for information

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question2049

A project you have been managing is falling behind schedule. You have received approval to crash the project by adding an additional programmer. The cost you have negotiated is $60 US per hour. The programmer will work on the project until it is complete,
then the contract will end.
What type of contract is this?


A.
Cost-plus

B. Purchase order
C. Time and materials
D. Fixed-price

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question2048

The project is in the phase of doing procurement audits. It is important to identify successes and failures of the procurement process. This identification is important for formal acceptance and closure. What process is the project in?


A.
Quality Assurance
B. Closing
C. Close Project
D. Contract Closure

Correct Answer: D

Project Management Professional (PMP) Exam Practice – Question2047

The Project Manager is creating an estimate for building a company WAN (wide area network.) As the Project Manager, you have undertaken the make-or-buy decision and determined that the WAN implementation should be outsourced because your company
does not have the expertise.
After receiving all the vendor proposals, you find that two of the proposals specify cost-plus-fixed-ee, two other of the vendors specify fixed-price, another two specify cost-plus-incentive-fee, and the last two specify time and material. Which of the proposals would
present the least probability of loss for the company?


A.
Proposals that use fixed-price
B. Proposals that use cost-plus-fixed-fee
C. Proposals that use time and material
D. Proposals that use cost-plus-incentive-fee

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question2045

The Project Manager is involved in acquiring the project team on a highway expansion project. She is presently discussing salary, working hours, travel, and benefits. What is the key tool she is utilizing?


A.
Staffing management plan
B. Organizational chart

C. Project team directory
D. Negotiations

Correct Answer: D

Project Management Professional (PMP) Exam Practice – Question2044

The project will be using a company to provide the technicians for a national network upgrade project. Presently, the team is meeting with potential vendors, showing them more details associated with the work of the project, as well as answering any questions
they have about the work before their proposals are submitted. What is this called?


A.
Request Seller Responses
B. Bidders conference
C. Select Sellers
D. Request for information

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question2043

The project will be using a company to provide the technicians for a national network upgrade project. Presently, the team is receiving proposals to select the vendor that will do the work. In what process is the team involved?


A.
Plan Contracting
B. Plan Purchases and Acquisitions
C. Select Sellers
D. Request Seller Responses

Correct Answer: D