Exam 5: Planning Projects, part 2 Project Quality, human Resource, communications, risk, and Procurement Management

Good procurement management typically involves buyers and sellers in a zero-sum game.

As the business world continues to become more competitive and ____,more and more projects include procurement.

A Request for ____ is a document used to solicit quotes or bids from prospective suppliers.

Work done by outside suppliers or sellers should be well documented in ____________________,which are mutually binding agreements that obligate the seller to provide the specified products or services,and obligate the buyer to pay for them.

A risk ____________________ is a document that contains results of various risk management processes,often displayed in a table or spreadsheet format.

The project manager ultimately decides what level of quality is acceptable.

A weighted scoring model provides a systematic process for selection based on numerous criteria.

The International Organization for Standardization (ISO)defines ____________________ as "the degree to which a set of inherent characteristics fulfill requirements" (ISO9000:2000).

____________________ plans are predefined actions that the project team will take if an identified risk event occurs.

A(n)____ is a document in which sellers describe what they will do to meet the requirements of a buyer.

The communications management plan for any project should always be expressed in written form.

There can be one or more potential responses to each risk event.

Project teams can develop project Web sites using Web-____ tools,such as Microsoft FrontPage or SharePoint Designer 2007 or Macromedia Dreamweaver; enterprise project management software,if available; or a combination of the two approaches.

The ____________________ cause of a problem is the real or underlying reason a problem occurs.

A(n)____ histogram is a column chart that shows the number of resources required for or assigned to a project over time.

A bid is a document prepared by buyers providing pricing for standard items that have been clearly defined by the seller.

____ risk events include completing work sooner than planned or at an unexpectedly reduced cost,collaborating with suppliers to produce better products,and obtaining good publicity from the project.

Risk management contributes very little to the chance of a project succeeding.

____________________ for use means that a product can be used as it was intended.

Time-and-____ contracts are a hybrid of both fixed-price and cost reimbursable contracts.