PROJ410 Mid-Term

2487 words 10 pages
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. Date Taken: 9/28/2014
Time Spent: 2 h , 07 min , 34 secs
Points Received: 200 / 200 (100%)
Question Type: # Of Questions: # Correct:
Multiple Choice 4 4
Short 5 N/A
Essay 4 N/A
Grade Details - All Questions
Page: 1 2
Question 1. Question : (TCO 2) The term BPO refers to: _______. Student Answer: creating a new operation within an existing company moving bits and pieces of a business unit to another area within an organization shutting down a business unit and finding ways to "do more with less" outsourcing one or more specific business processes,
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Points Received: 12 of 12 Comments: Question 9. Question : (TCO 7) Explain the purpose of an RFP. What are some common elements of an RFP? Student Answer: The purpose of the RFP is to provide the seller with all of the information that it needs to determine whether or not it meets the qualifications to bid. Some common elements include: introduction Background Scope of Services Performance Standards Management and Control Employee Issues Staffing Pricing Termination Clause Contract Terms Appendices Terms and Conditions Instructor Explanation: The purpose of the RFP is to provide the seller with all of the information it needs to determine whether or not it meets the qualifications to bid.IntroductionBackgroundScope of ServicesPerformance StandardsManagement and ControlEmployee IssuesStaffingPricingTermination clauseContract termsAppendicesTerms and Conditions Points Received: 12 of 12 Comments: Grade Details - All Questions
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Question 1. Question : (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? Student Answer: Plan purchases and

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