PROJ410 Midterm Exam Study Guide
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1. The Midterm Exam is open book, open notes. The maximum time that you can spend in the exam is two hours. If you have not clicked the Submit for Grade button by then, you will be automatically exited from the exam. In the Midterm Exam environment, the Windows clipboard is disabled, and so you still will not be able to copy exam questions or answers to or from other applications.
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• Sample Essay Question:
(TCO 2) Part 1. List and define the various cost-plus contract pricing structures. Part 2. Assess whether the seller’s motive is more or less aligned with the buyer’s interests under each cost-plus contract pricing structure. Part 3. Evaluate the level of risk to the seller associated with each cost-plus contract pricing structure.
8. Some of the key study areas are as follows: (While these are key areas, remember that the exam is comprehensive for all of the assigned course content and that this study guide may not be all inclusive.)
• TCO 1 o Contract pricing structures o Appropriate use of pricing structure given scope, time, budget, and risk o Key contract issues
• TCO 2 o Define BPO o BPO categories o Project procurement management steps
• TCO 3 o Contract administrator versus project manager o Review of project definition and division of responsibility
• TCO 4 o Project control and project management under each contract structure type o Pricing structure questions o Regaining strategic control
• TCO 5 o Negotiation process o Exposure analysis o Negotiating strategy
• TCO 6 o Request for proposal o Bid period activities o Evaluation factors
• TCO 7 o Content and schedule of an RFP o Common elements of RFP o Key
When establishing costs for securities, there are various variables which affect the purchase price. Prior to listing a certain cost, underwriters should conduct numerous study of info through the enterprise to learn exactly what the greatest for the business. There are frequently times when costs may be at an wrong sum which may possess an adverse effect on exactly what the business was wanting to be successful. When a cost is a lot higher, it may create a business possess a monetary weight. In circumstances like this, there are
*If you go through each item on this study guide and read about it on the REFerenced page and corresponding TOPic in your text, you should have an excellent study guide for the Final Exam. If you do not do this, you will likely fail this exam miserably!
1. You recently retired from government contracting work and established a consulting company (fully consistent with government ethics laws and rules, of course) with the primary focus of advising potential government contractors and subcontractors. Mr. Johnny Jones, of The Johnny Jones Flooring and Construction Company has approached you with a question. Jones and his company are potential subcontractors (they, obviously, specialize in flooring) on a federal construction contract worth a little over two million dollars ($ 2,000,000.00) recently awarded to the Jimmy Smith Construction Company (Jimmy Smith, the prime contractor). Neither Johnny nor his company have ever been part of a government contract
PROJ 420 Coursework Guide Week 1 - 7 Purchase here http://devrycourse.com/proj-420-coursework-guide-week-1-7 Product Description (PROJ 420 Project Risk Management) PROJ 420 Week 1 Course Project Assignment; Project Topic Proposal and Outline PROJ 420 Week 1 Discussion 1 Why Should We Practice Risk Management PROJ 420 Week 1 Discussion 2 The ATOM Risk Management Process PROJ 420
2. Working according to the agreed ways means following the organisation’s policy and procedures in relation to pressure areas. It also means following the individual care plans and respecting the instructions in place. For example making sure a resident is turned every two hours, applying Cavilon cream on areas; fill in turning charts, prompt fluid intake. Under the duty of care a care assistant must always be aware of and raise concerns regarding possible pressure areas. Always record information in care plans accurately and in confidentiality.
Question 1 ______________ involves assembling and coordinating organizational resources. a) Controlling b) Planning c) Organizing d) Leading e) Quantifying Question 2 Goodwill stemming from social relationships is called a) social empathy. b) social capital. c) emotional intelligence. d) emotional capital. e) empathetic goodwill. Question 3 Lower-level managers who supervise the operational activities of the organization are called a) frontline managers. b) middle managers. c) top-level managers. d) tactical managers. e) strategic managers. Question 4 The President of Delta Design, LLC attended the opening ceremony for a customer's new office complex. Which of Mintzberg's roles was the President playing in this situation? a) Leader b)
If a good cost-measurement system was set up, cost-plus contracts will demonstrate the advantages of cost-management better than fixed price contracts do. With a robust cost-measurement system, managers are able to know the real revenue drivers, to recognize the most valuable customers, and to offer more reasonable price bid. That is to say, cost-measurement system’s strength lies in differentiating clients’ value, projects’ value and operation processes’ value case by case. Under this circumstance, cost-plus contracts would surely dig more utilization and benefit more from such a system, because CitySoft would be able to charge different customers and projects for different prices, which is critical for increasing profitability.
All other required readings for the course are articles or book chapters, which can be downloaded and
Pricing is a pertinent issue in procurement and acquisition in organizations. Consumers buying the commodities of an entity should get clarity on pricing related issues. There is uncertainty in Pro
-3 x 1.66 pts. = minus 5 pts. = 45 pts. out of 50 pts. = 90%
After reading the course resources, answer questions 1-10. (10 points each) Please take time to answer each question completely.
4. Name two types of negotiated contracts and describe the method of payment and incentive concept.
All questions on the examination will come from the lectures (Topics I – X) and the assigned chapters and parts of chapters in the textbook. To help frame the questions for you, they will be organized under the same main headings and subheadings used in the Lecture Notes. The only exceptions will be a few subheadings that pertain to material covered only in the text. Under each heading will be a mix of true-false and multiple-choice questions, and possibly a few analogies, with all answers to be recorded on a scantron sheet. Along with
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