PMP Questions ID 4185 you have been hired as a contract project manager for grapevine vineyards grapevine wants you to

You have been hired as a contract project manager for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. Customers must register before being allowed to order wine over the Internet so that legal age can be established. You know this project will require new hardware and an update to some existing infrastructure. You will have to hire an expert to help with the infrastructure assessment and upgrades. You also know that the module to verify registration must be written and tested using data from Grapevine's existing database. This new module cannot be tested until the data from the existing system is loaded. You are going to hire a vendor to perform the programming and testing tasks for this module to help speed up the project schedule. The vendor will be reimbursed for all their costs, and you want to use a contract type that will allow you to give the vendor a little something extra if you are satisfied with the work they do. You know all of the following apply in this situation except for which one?

Select one

Contract type is determined by the risk shared between the buyer and seller.

Each procurement item needs an SOW.

Fixed-price contracts can include incentives for meeting or exceeding performance criteria.

You'll use an FPIF contract for the programming vendor.

Sally is a project manager working on a project that will require a specially engineered machine. Only three manufacturers can make the machine to the specifications Sally needs. The price of this machine is particularly critical to this project. The budget is limited, and there's no chance of securing additional funds if the bids for the machine come in higher than budgeted. She's developing the source selection criteria for the bidders' responses and knows all of the following are true except for which one?

Select three

Sally will use understanding of need and warranties as two of the criteria for evaluation.

Sally will review the project management plan, requirements documents, and risk register as some of the inputs to this process.

Sally will base the source selection criteria on price alone because the budget is a constraint.

Sally will document an SOW, the desired form of response, and any required contractual provisions in the RFP.

Sally will use a sole source evaluation method.

Select one

You must closely coordinate the Plan Communications Management process with this process because the organization structure affects the way communications are carried out among project participants.

The resource management plan created in this process describes how and when resources will be acquired and released.

A RAM (or RACI chart) is produced in this process, and it allows you to see all the people assigned to an activity and their various responsibilities.

Agile teams create and write a team charter that outlines the team values, ground rules, working agreements, and group norms.

All are correct

You are the project manager for the Heart of Texas casual clothing company. Your company is introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. You want to use a hybrid approach to manage this project. Which of the following contract types will you use?

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