During contract closure, a procurement audit includes all of the following EXCEPT: A. Using the payment system to process consideration as per terms of the contract B. Reviewing the contract terms to ensure that they have all been met C. Identifying successes and failures that should be recognized D. Documenting lessons learned You are reviewing performance goals to figure out how much bonus to pay to your team members. What document would you consult to find your team’s bonus plan? A. The reward and recognition plan B. The staffing management plan C. The human resource management plan D. The project’s budget

During contract closure, a procurement audit includes all of the following EXCEPT: A. Using the payment system to process consideration as per terms of the contract B. Reviewing the contract terms to ensure that they have all been met C. Identifying successes and failures that should be recognized D. Documenting lessons learned You are reviewing performance goals to figure out how much bonus to pay to your team members. What document would you consult to find your team’s bonus plan? A. The reward and recognition plan B. The staffing management plan C. The human resource management plan D. The project’s budget

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter2: Managerial Decision-making

Section2.5: Improving The Quality Of Decision-making

Problem 1CC: Explain what satisficing is and when it may be a good strategy.

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Scenario: Designated project manager for a medical health services project for low-income earners, unemployed and homeless people. Before the medical professionals begin their work, which was stipulated in the contract, or products have been bought, you would have gone through a process of identifying your requirements, created documents detailing your requirements, and analyzing the proposals received from each seller. These activities, among others, are critical to the Plan Procurement Process and result in the creation of a procurement management plan. From the medical services project scenario, what steps would you consider when conducting procurements?
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Scenario: Designated project manager for a medical health services project for low-income earners, unemployed and homeless people. Before the medical professionals begin their work, which was stipulated in the contract, or products have been bought, you would have gone through a process of identifying your requirements, created documents detailing your requirements, and analyzing the proposals received from each seller. These activities, among others, are critical to the Plan Procurement Process and result in the creation of a procurement management plan. From the medical services project scenario, what steps would you take when controlling procurements?
Scenario: Designated project manager for a medical health services project for low-income earners, unemployed and homeless people. Before the medical professionals begin their work, which was stipulated in the contract, or products have been bought, you would have gone through a process of identifying your requirements, created documents detailing your requirements, and analyzing the proposals received from each seller. These activities, among others, are critical to the Plan Procurement Process and result in the creation of a procurement management plan. From the medical services project scenario, what activities would you complete in order to close the procurements?
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