PMP Questions ID 1882 which of the following statements is correct

All Domains

Agile & Scrum

People

Process

Business Environment

CLOUD COMPUTING

Communications

Cost

DECISION SUPPORT SYSTEM (DSS)

FIREWALL TYPES & IMPLEMENTATION

Integration

IT STRATEGY COMMITTEE & IT STEERING COMMITTEE

Procurement

Quality

Resource

Risk

Schedule

Scope

Stakeholder

New PMP Question & Answers with explanation

Which of the following statements is correct?

Select one

The buyer-seller relationship exists only between organizations external to the acquiring organization.

The buyer-seller relationship may exist at many levels on any one project, and between organizations internal to and external to the acquiring organization.

The buyer-seller relationship exists only between organizations internal to the acquiring organization.

The buyer-seller relationship exists at the top level on any one project, and between organizations internal to and external to the acquiring organization.

PMP Question No 1866 - Procurement

Which of the following is incorrect regarding a bidders conference?

Select one

Questions from each seller should be handled confidentially and not shared with other sellers.

No bidders should receive preferential treatment, even if they are part of the company's existing list of approved suppliers.

Bidder conferences should not involve individual face-to-face meetings.

All prospective sellers should be allowed to have a common understanding of the procurement.

Answer

PMP Question No 1833 - Procurement

Which of the following is not an input to the Conduct Procurements process?

Select one

Proposal evaluation techniques

Seller proposals

Cost baseline

Procurement management plan

Answer

PMP Question No 1832 - Procurement

A project manager is looking at a make-or-buy analysis as part of the Procurement Management process. What type of costs should the project manager consider for this analysis?

Select one

Direct costs

Indirect costs

Out-of-pocket costs

Both direct as well as indirect costs

Answer

PMP Question No 1812 - Procurement

A buyer and seller set the rates for junior engineers, senior engineers, architects, and other predefined roles. In what type of contract would this be applicable?

Select one

Fixed-price with economic price adjustment contract

Fixed-price incentive contract

Fixed-price contract

Time and material contract

Answer