PMP Questions ID 4224 you have been asked to submit a proposal for a project that has been put out for bid prior to su

You have been asked to submit a proposal for a project that has been put out for bid. Prior to submitting the proposal, your company must register so that its firm is on the qualified sellers list. Which of the following statements are true?

Select two

The qualified sellers list is a list of prospective sellers who have been preapproved or prequalified to provide goods or services to the organization.

The qualified sellers list provides information about the project and the company that wrote the RFP and is an output of the Conduct Procurements process.

The qualified sellers list provides information about the project and the company that wrote the RFP and is a tool and technique of the Conduct Procurements process.

The qualified sellers list is useful on an agile project because the team has vendors that are preapproved and work orders can be issued quickly.

You have been asked to submit a proposal for a project that has been put out for bid. First you attend the bidder conference to ask questions of the buyers and to hear the questions some of the other bidders will ask. Which of the following statements are true?

Select three

Bidder conferences are also known as procurement conferences.

Bidder conferences are also known as contractor conferences.

Bidder conferences are also known as vendor conferences.

Bidder conferences are also known as prebid conferences.

You are a project manager for Dakota Software Consulting Services. You're working with a major retailer that offers its products online. The company is interested in knowing customer characteristics, the amounts of first-time orders, and similar information. As a potential bidder for this project, you worked on the RFP response and submitted the proposal. When the selection committee received the RFP responses from all the vendors bidding on this project, they used a weighted system in combination with a seller rating system to make a selection. Which of the following are true?

Select three

The procurement officers for both seller and buyer determine how extensive the complexity of the contract negotiations might be.

Weighted systems are a proposal evaluation technique in the Conduct Procurements process.

Procurement officers typically handle the contract negotiations but project managers should participate in the negotiations. Procurement negotiations require sound negotiating skills. Both parties will discuss elements such as price, roles and responsibilities, and the overall approach to the project.

Seller rating systems may be used as a sole evaluation technique when evaluating and selecting vendors.

Procurement negotiations can be performed as a stand-alone process with its own inputs and outputs.

You are holding end-of-phase meetings with your team members and key stakeholders to learn what has hindered and helped the project team's performance of the work. Which of the following options are true regarding this question?

Select three

These meetings are called lessons learned meetings. Lessons learned documentation is part of the organizational process assets output of the Manage Communications process. These meetings are also a good team-building activity.

The information learned from these meetings concerns processes and activities that have already occurred, so it will be most useful to document the lessons learned and use it for future projects.

These meetings should be documented and could include the effectiveness of the project management processes, product development, technical processes, and the effectiveness of agile project management techniques.

These meetings are similar to review meetings that occur at the end of an iteration on an agile project.

You know that the next status meeting will require some discussion and a decision for a problem that has surfaced on the project. You need to ensure that the impediment on the project is resolved at this meeting. To make the most accurate decision, you know that the number of participants in the meeting should be limited to how many?

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