PROJ 410 Week 4 Midterm

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(TCO 2) The term BPO refers to: _______.

(TCO 5) To assess the impact of a contract on both the buyer and seller, an analysis of exposure can be completed. Categories analyzed in this exposure analysis include all of the following except: ______.

(TCO 7) All of the following are common RFP topics, except

(TCO 6) Proprietary Rights, Audit, Fees, Taxes, and Insurance are all key terms in a: _______.

(TCO 3) What activities is the contract administrator responsible for in a contract situation? What about the project manager

(TCO 4) What is the basic difference between the Cost-Plus-Percentage-Fee (CPF) and the Cost-Plus-Incentive-Fee (CPIF) contract structures

(TCO 6) List three commonly used evaluation criteria listed in an RFP and explain why a buyer would want this information before selecting a seller

(TCO 8) Explain how a weighted system is used to help score potential sellers’ proposals

(TCO 7) Describe the common sections of the RFP

(TCO 2) Part 1: Explain the various steps of the project procurement process. Part 2: Using the simple decision of packing and moving your home furnishings from the East Coast to the West Coast, provide an example of what you would do under each of the six steps of the project procurement process. Part 3: The buyer determines the contract pricing structure during which step of the project procurement process

(TCO 1) Part 1: Discuss the following types of contract pricing: (a) fixed price, (b) cost-plus price, (c) time & materials, and (d) unit price. Part 2: Explain the appropriate utilization of each contract pricing type and the impact of risk to the contracting parties. Part 3: What type of contract pricing structure misaligns the buyer’s motivations with the seller’s

(TCO 3) Evaluate the most common business drivers for outsourcing business processes. Which two drivers would be among the most important?

(TCO 1) List and describe the directives to consider the process of outsourcing if you are a manager responsible for the business process