Question 1

The ERP implementation contract is usually separate from the software vendor license and contract.

Accepted Answer

A) True 
 B)False  True

Question 2

The bidding process is required for purchasing an ERP system in private industry.

Accepted Answer

A) True 
 B)False  False

Question 3

The final step in the ERP purchasing process is to release the request for bid to the vendors.

Accepted Answer

A) True 
 B)False  False

Question 4

State of the art ERP systems usually can be run on old legacy hardware without any problems.

Accepted Answer

A) True 
 B)False

Question 5

In the ERP software vendor contract it is important that all of the investments are clearly defined.

Accepted Answer

A) True 
 B)False

Question 6

What is an RFP and how is it used in the vendor selection process?

Accepted Answer

The RFP, short for "Request for Proposal

Question 7

Terms and conditions will be a significant part of the vendor contract and will be addressed by the ________.

Accepted Answer

A)  managers 
B)  executives 
C)  attorneys 
D)  consultants 
E)  none of the above 
A)  managers 
B)  executives 
C)  attorneys 
D)  consultants 
E)  none of the above

Question 8

What is contract life cycle management and how is this used in ERP implementations?

Accepted Answer

Careful management of all the aspects of

Question 9

During contract negotiations it is best to over ________ about the progress being made.

Accepted Answer

A)  state 
B)  commit 
C)  communicate 
D)  price 
E)  none of the above 
A)  state 
B)  commit 
C)  communicate 
D)  price 
E)  none of the above

Question 10

If the client miscounts the number of users, this would be an example of a(n) foreseeable circumstance that may require a change in the contract.

Accepted Answer

A) True 
 B)False

Question 11

After researching all the ERP vendors, the results should be a short list of possible vendors.

Accepted Answer

A) True 
 B)False

Question 12

Great Plains is designed to be used by companies that have a large number of potential users.

Accepted Answer

A) True 
 B)False

Question 13

The accuracy of TCO when applied to ERP systems has been marginal but is still a worthwhile exercise in the selection process.

Accepted Answer

A) True 
 B)False

Question 14

The contact manager will become an expert on the ERP ________ and conditions.

Accepted Answer

A)  hardware 
B)  software 
C)  contract terms 
D)  data 
E)  none of the above 
A)  hardware 
B)  software 
C)  contract terms 
D)  data 
E)  none of the above

Question 15

The TCO of an ERP system includes getting the system installed and also the cost of running the system for ________ years afterward.

Accepted Answer

A)  two 
B)  five 
C)  ten 
D)  twenty 
E)  none of the above 
A)  two 
B)  five 
C)  ten 
D)  twenty 
E)  none of the above

Question 16

All the ERP bids will need to be carefully evaluated by the different groups of people involved in the decision-making process.

Accepted Answer

A) True 
 B)False

Question 17

In the functional requirements document, a key component will describe how the cross-functional ________ of the new integrated ERP system will affect departments within the company.

Accepted Answer

A)  legacy systems 
B)  utilities 
C)  databases 
D)  data flows 
A)  legacy systems 
B)  utilities 
C)  databases 
D)  data flows

Question 18

According to a rule of thumb, the cost of installing the system is about ________ times the ERP license costs.

Accepted Answer

A)  two 
B)  six 
C)  ten 
D)  twenty 
E)  none of the above 
A)  two 
B)  six 
C)  ten 
D)  twenty 
E)  none of the above

Question 19

Some ERP products were developed using ________ technology, so it is important that ERP vendors be able to migrate quickly to current technologies.

Accepted Answer

A)  outsourced 
B)  older 
C)  used 
D)  offshore 
A)  outsourced 
B)  older 
C)  used 
D)  offshore

Question 20

When considering an ERP vendor it is important consider the hardware and software infrastructure preferred to support the ERP system.

Accepted Answer

A) True 
 B)False

The ERP implementation contract is usually separate from the software vendor license and contract.

The bidding process is required for purchasing an ERP system in private industry.

The final step in the ERP purchasing process is to release the request for bid to the vendors.

State of the art ERP systems usually can be run on old legacy hardware without any problems.

In the ERP software vendor contract it is important that all of the investments are clearly defined.

What is an RFP and how is it used in the vendor selection process?

Terms and conditions will be a significant part of the vendor contract and will be addressed by the ________.

What is contract life cycle management and how is this used in ERP implementations?

During contract negotiations it is best to over ________ about the progress being made.

If the client miscounts the number of users, this would be an example of a(n) foreseeable circumstance that may require a change in the contract.

After researching all the ERP vendors, the results should be a short list of possible vendors.

Great Plains is designed to be used by companies that have a large number of potential users.

The accuracy of TCO when applied to ERP systems has been marginal but is still a worthwhile exercise in the selection process.

The contact manager will become an expert on the ERP ________ and conditions.

The TCO of an ERP system includes getting the system installed and also the cost of running the system for ________ years afterward.

All the ERP bids will need to be carefully evaluated by the different groups of people involved in the decision-making process.

In the functional requirements document, a key component will describe how the cross-functional ________ of the new integrated ERP system will affect departments within the company.

According to a rule of thumb, the cost of installing the system is about ________ times the ERP license costs.

Some ERP products were developed using ________ technology, so it is important that ERP vendors be able to migrate quickly to current technologies.

When considering an ERP vendor it is important consider the hardware and software infrastructure preferred to support the ERP system.

Introduction to Enterprise Systems for Management

Systems Integration

Enterprise Systems Architecture

Development Life Cycle

Implementation Strategies

Operational and Post Implementation

Program and Project Management

Global, Ethics, and Security Management

Supply Chain Management

Customer Relationship Management

Organizational Change and Business Process Reengineering

Filters

Exam 6: Software and Vendor Selection

The ERP implementation contract is usually separate from the software vendor license and contract.

The bidding process is required for purchasing an ERP system in private industry.

The final step in the ERP purchasing process is to release the request for bid to the vendors.

State of the art ERP systems usually can be run on old legacy hardware without any problems.

In the ERP software vendor contract it is important that all of the investments are clearly defined.

What is an RFP and how is it used in the vendor selection process?

Terms and conditions will be a significant part of the vendor contract and will be addressed by the ________.

What is contract life cycle management and how is this used in ERP implementations?

During contract negotiations it is best to over ________ about the progress being made.

If the client miscounts the number of users, this would be an example of a(n) foreseeable circumstance that may require a change in the contract.

After researching all the ERP vendors, the results should be a short list of possible vendors.

Great Plains is designed to be used by companies that have a large number of potential users.

The accuracy of TCO when applied to ERP systems has been marginal but is still a worthwhile exercise in the selection process.

The contact manager will become an expert on the ERP ________ and conditions.

The TCO of an ERP system includes getting the system installed and also the cost of running the system for ________ years afterward.

All the ERP bids will need to be carefully evaluated by the different groups of people involved in the decision-making process.

In the functional requirements document, a key component will describe how the cross-functional ________ of the new integrated ERP system will affect departments within the company.

According to a rule of thumb, the cost of installing the system is about ________ times the ERP license costs.

Some ERP products were developed using ________ technology, so it is important that ERP vendors be able to migrate quickly to current technologies.

When considering an ERP vendor it is important consider the hardware and software infrastructure preferred to support the ERP system.

Introduction to Enterprise Systems for Management

Systems Integration

Enterprise Systems Architecture

Development Life Cycle

Implementation Strategies

Operational and Post Implementation

Program and Project Management

Global, Ethics, and Security Management

Supply Chain Management

Customer Relationship Management

Organizational Change and Business Process Reengineering

Filters