1.

e-commerce is a subset of e-business (Points: 10)

True

False

2. What are the four common actions companies take tobuild successful partnerships (Points: 15)

Unleashing corporate buying and selling power

Changing buying and selling processes

Developing world class service level agreements

Developing an intergrated supply chain

Learning and applying the best practices and e-tools from industry leaders

5
3. In the Successful Partnership Pyramid, the the foundation of the pyramid is based on
the partnership agreement(s) (Points: 10)

True

False

4. In the preaward phase which of the following are the major activities or steps for the seller : (Points:
15) page 81

Solicitation planning

Solicitation

Presales activity

Bid/no-bid decision making

Bid or proposal preparation

5
5. Procurement planning is determining what to procure and when (Points: 10)

True true

False
6. NCMA stands for the National Construction Management Association (Points: 10)

True

False

7. In the preaward phase which of the following are the major activities or steps for the buyer: (Points:
15) page 81

Procurement planning

Bid/ No-bid decision making

Solicitation

Bid or proposal preparation

Solicitation planning

5
8. The ISM is the governing body that provides the Certified Professional Contract
Managers(CPCM) credentials to individuals. (Points: 10)

True

False

9. Project Procurement Management is one of the three (3) knowledge areas of Project Management
according to the PMBOK and PMI? (Points: 10)

True

False

10. Which of the following are processes under the Project Procurement Management knowledge area
as stated by the PMBOK and our text for the class? (Points: 15)

Contract Closeout

Source Selection

Solicitation

Contract Administration

Procurement Planning
 5
11. It is typical for a Project Manager to be assigned during the preaward, award and
post-award phases (Points: 10)

True

False

12. In solicitation planning, the following are considered Inputs to the process according to PMBOK
(Points: 15)

Other procurement planning output

Standard forms

Expert judgement

Statement of Work

Procurement Management Plan

5
13. According to PMBOK and our text, which of the following is/are Output(s) from the
Solicitation process (Points: 15)

Solicitation that leads to proposal or bid submission

Bidder's conference

Advertising

3
14. A contract can be defined as a relationship between a buyer and seller defined by an
agreement about their respective rights and responsibilities (Points: 10)

True true

False

15. The UCC stands for the Universal Commercial Contract? (Points: 10)

True

False false
16. The U.S. legal system is based on the English common law system (Points: 10)

True true

False

17. Unlike common law, civil law is largely based on precedence. (Points: 10)
True page 47

False false

18. Based on the UCC and diversity juridiction, disputing parties from different states must have
amounts in excess of $100,000 disputed before the case will be tried in a federal court. (Points: 10)

True

False false

19. A term is simply a part of the contract that addresses a specific subject (Points: 10)

True true

False

20. A condition is a phrase that either activates or suspends a term (Points: 10)

True True

False

21. The competitive bid contracting method includes a technical proposal analysis (Points: 10)page 74

True true

False

22. The competitive bid contracting method includes a cost proposal

analysis (Points: 10)
 True

False false

23. In the postaward phase, both the buyer and the seller have contract administration and contract
closeout processes (Points: 10)

True true

False

24. In the award phase, the seller must perform the contract negotiation and formation process (Points:
10)

True true

False

25. In the award phase, the buyer must perform the source selection process (Points: 10)

True true

False

Autograde Summary
Date Taken: Dec 17 2009
Time Spent: 0:07:59
Points Received: 124 / 280 (44.3%)
Question Type: # Of Questions: # Correct:
True/False 19 7
Many Multiple Choice 6 1