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Q:

Project Procurement Management - Processes

Describe the Inputs, Tools and Techniques , Outputs included in the Contract Administration?

Answer

I. Inputs



  • Contract

  • Contract management plan

  • Selected sellers

  • Performance reports

  • Approved change requests

  • Work performance information


II. Tools and Techniques



  • Contract change control system

  • Buyer-conducted performance review

  • Inspections and audits

  • Performance reporting

  • Payment system

  • Claims administration

  • Records management system

  • Information technology


III. Outputs



  • Contract documentation 

  • Requested changes

  • Recommended corrective actions

  • Organizational process assets (updates)

  • Project management plan (updates)


                 - Procurement management plan


                 - Contract management plan

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Subject: PMP Certification

0 3198
Q:

Projects come in all sizes and shapes. Many times, project managers must daw from their "toolbox" of processes, tools, or methodologies. How many knowledge areas are described in the Project Management Body of Knowledge ? 

A) 2 - core processes and facilitating processes B) 9
C) 5 - initiation, planning,execution,control, and closing D) 39
 
Answer & Explanation Answer: B) 9

Explanation:

Answer A is incorrect because it pertains to the processes. Answer C is incorrect because these are the five phases of a project. Answer D is incorrect because there are 39 processes, not knowledge areas.

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Filed Under: PMP Certification

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Q:

Where are the Balearic Islands located ?

A) Mediterranean Sea B) BLack Sea
C) Baltic Sea D) North Sea
 
Answer & Explanation Answer: A) Mediterranean Sea

Explanation:
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Filed Under: World Geography

1 3197
Q:

Galloping inflation is also known as

A) Hyperinflation B) Jumping inflation
C) Moderate inflation D) None
 
Answer & Explanation Answer: B) Jumping inflation

Explanation:

Galloping inflation is also known as jumping inflation.

 

It refers to a type of inflation that occurs when the prices of goods and services increase at the two-digit or three-digit rate per annum.

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Filed Under: Finance
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 3197
Q:

General Knowledge, Language, And Concepts Are Seen As Parts Of

A) procedural memories B) semantic memory
C) declarative memories D) episodic memory
 
Answer & Explanation Answer: B) semantic memory

Explanation:
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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

1 3197
Q:

Which of the following Schemes was launched to promote basic education in India and attract children in School going age to attend the classes?

A) Pulse Polio Abhiyan B) Operation Flood
C) Mid-Day Meal Schema D) Operation Black Board
 
Answer & Explanation Answer: C) Mid-Day Meal Schema

Explanation:
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Filed Under: Indian Economy

2 3197
Q:

What scheme does the Kernel in Unix System V follow while choosing a swap device among the multiple swap devices?

Answer

Kernel follows Round Robin scheme choosing a swap device among the multiple swap devices in Unix System V.

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Subject: Operating Systems Exam Prep: GATE

8 3196
Q:

What is seismic zone extending at an angle of about 45o from the base of an ocean trench, down through lithosphere to the asthenosphere known as?

A) Appleton layer B) Benioff zone
C) Conard discontinuity D) Convergence zone
 
Answer & Explanation Answer: B) Benioff zone

Explanation:
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Filed Under: World Geography

1 3196