Mpws 2012 Knowledge Check

25 Questions | By Pmcompetency | Updated: May 5, 2023 | Attempts: 49

Questions

Settings

Feedback

During the Quiz End of Quiz

Play as

Quiz Flashcard

Create your own Quiz

Managing Projects with Suppliers Knowledge Check Quiz

Questions and Answers

1.

When managing a project with a supplier, who is responsible for the supplier's work?
- A.
  
  The supplier's sales manager
- B.
  
  The supplier's project manager
- C.
  
  The P&G project manager
- D.
  
  The application manager working with the supplier
2.

A decision matrix is prepared before you issue bid documents to the supplier.
- A.
  
  True
- B.
  
  False
3.

What is the most cost effective contract form for P&G?
- A.
  
  Time and Material
- B.
  
  Firm Fixed Price
- C.
  
  Cost Re-imbursable
4.

For a HP project, you need to write and O&R document first to describe requirements.
- A.
  
  True
- B.
  
  False
5.

Best Total Value .....
- A.
  
  Does not apply to suppliers
- B.
  
  Is the basis for why we do business with any supplier
- C.
  
  Is illegal in some countries
6.

Which of the following are valid means of assessing supplier performance
- A.
  
  Schedule slippage, CPI, SPI, defects, milestone completion
- B.
  
  Critical issue escalation, risk response, PQR's
- C.
  
  BMI
7.

Always behave according to your contract.
- A.
  
  True
- B.
  
  False
8.

Tick the correct statements.
- A.
  
  You should involve purchasing before starting a RFP
- B.
  
  Sign a CDA before sharing sensitive information
- C.
  
  Agree on commercial strategy before contacting the supplier(s)
- D.
  
  Suppliers will do anything to get our business
9.

Sourcing strategies
- A.
  
  Do not take account of current contracts
- B.
  
  Always favor existing suppliers
- C.
  
  Use PPL/Purchases to help
- D.
  
  Are optional
10.

Contracts based on Fixed Time or Fixed Story points is the preferred option for this type of project
- A.
  
  Implementation of an existing global solution
- B.
  
  Major new architecture development
- C.
  
  Infrastructure deployment
- D.
  
  Work will be executed as a series of sprints
11.

The Master Services Agreement (MSA) with a supplier covers
- A.
  
  Data Privacy and Security
- B.
  
  Liabilities
- C.
  
  Indemnification
- D.
  
  Intellectual Property rights and ownership
12.

Which of these statements is not true
- A.
  
  Only Purchasing can authorize use of P&G name
- B.
  
  You need to create one team across suppliers
- C.
  
  Response time on RFP's is shorter than RFI's
- D.
  
  PPL is involved throughout an HP project
13.

A supplier project should have the following attributes:
- A.
  
  A project procurement plan exists
- B.
  
  Change Management is defined and agreed to
- C.
  
  Agreed supplier roles and responsibilities are documented
- D.
  
  Supplier relationship is managed according to the principles of expectations management and trust
14.

Project closure follows a sequence of product evaluation and acceptance, payment completion and process improvement learnings.
- A.
  
  True
- B.
  
  False
15.

Always separate technical review and commercial review of a suppliers response.
- A.
  
  True
- B.
  
  False
16.

Which are the four "P's"?
- A.
  
  Proactive
- B.
  
  Persistent
- C.
  
  Personable
- D.
  
  Pragmatic
- E.
  
  Professional
17.

What statement is correct?
- A.
  
  Responsibility is shared by both the supplier and the buyer
- B.
  
  Procurement planning only required on large and mega projects
- C.
  
  P&G not responsible for supplier IP
- D.
  
  Create one plan per supplier
18.

As a PM, when you first join a project in progress, always...
- A.
  
  Read all the contract documents
- B.
  
  Read most of the contract documents
- C.
  
  Read some of the contract documents
19.

A project payment schedule can span multiple fiscal years
- A.
  
  True
- B.
  
  False
20.

Select the resources available to help you set your procurement strategy:
- A.
  
  Your IT Architect
- B.
  
  Other Project Managers
- C.
  
  Purchasing
- D.
  
  Vendor contacts you've worked with before
- E.
  
  Your leadership
21.

All supplier projects require a RFP:
- A.
  
  True
- B.
  
  False
22.

You've noticed that the supplier is reporting the project is on track, but informal discussions with some technical resources on the project indicate some deliverables are actually slipping. What is the best course of action:
- A.
  
  Contact your immediate manager
- B.
  
  Call your corresponding vendor project manager to understand the situation better
- C.
  
  Escalate to your purchases contact
- D.
  
  Talk to your technical P&G friend to see what they think
23.

Rough Order of Magnitude is an estimate, not a:
- A.
  
  Commitment
- B.
  
  Rule of thumb
- C.
  
  Guess
- D.
  
  Plan
24.

Its important to provide suppliers an informal way to give you feedback
- A.
  
  True
- B.
  
  False
25.

Intellectual Property is:
- A.
  
  Always owned by P&G
- B.
  
  Always owned by the supplier
- C.
  
  Should be covered by clauses in the MSA to define ownership
- D.
  
  Is not something you should worry about