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PM 598 FINAL EXAM KELLER UPDATED
(TCO A) All the below are tools and techniques of control procurement, except (Points : 5)
(TCO B) Proper selection criteria are critical for a successful project. All of the below would be considered good selection criteria for a buyer to use to select a seller, except (Points : 5)
(TCO A) Why are the project schedule and the project budget inputs of plan procurement?
(TCO B) You are creating your SOW for inclusion into the RFP. You wish to include both qualitative and quantitative evaluation criteria in the RFP. Describe qualitative versus quantitative evaluation criteria. (Points : 12)
(TCO C) Awards and incentives are commonly used in contracts. Are these simply just two different way of saying the same thing, or are awards and inventive contracts different? (Points : 12)
(TCO C) From the viewpoint of the buyer, why are award fees and incentive fees important in contracts? (Points : 12)