12.3 Control Procurements (Procurement MGMT)

Question 1

what is 12.3 control procurements? (4)

Answer 1

1. managing procurement relationships
2. monitoring contract performance
3. making changes and corrections as appropriate
4. closing out contracts

Question 2

what is the key benefit to 12.3 control procurements?

Answer 2

ensure that both the seller’s and buyer’s performance meet the project’s requirements according to the terms of the legal agreement

Question 3

when is 12.3 control procurements performed during a project?

Answer 3

throughout as needed

Question 4

12.3 control procurements - inputs (8)

Answer 4

1. project management plan (5)
2. project documents (8)
3. agreements
4. procurement documentation
5. APPROVED change requests
6. work performance data
7. EEFs
8. OPAs

Question 5

what project management plan inputs are relevant to 12.3 control procurements? (5)

Answer 5

a. requirements management plan
b. risk management plan
c. procurement management plan
d. change management plan
e. schedule baseline

Question 6

what project document inputs are relevant to 12.3 control procurements? (8)

Answer 6

a. assumption log
b. lessons learned register
c. milestone list
d. quality reports
e. requirements documentation
f. requirements traceability matrix
g. risk register
h. stakeholder register

Question 7

what EEF inputs are relevant to 12.3 control procurements? (4)

Answer 7

1. contract change cotnrol systems
2. marketplace conditions
3. financial management and accounts payable systems
4. buying organization’s code of ethics

Question 8

what OPA inputs are relevant to 12.3 control procurements? (1)

Answer 8

procurement policies

Question 9

what approved change requests are relevant to 12.3 control procurements? (3)

Answer 9

modifications to terms and conditions of contract including:

1. procurement statement of work
2. pricing
3. descriptions of the products/services/results to be provided

Question 10

12.3 control procurements - tools and techniques (5)

Answer 10

1. expert judgement
2. claims administration
3. data analysis (3)
4. inspection
5. audits

Question 11

what data analysis tools and techniques are relevant to 12.3 control procurements? (3)

Answer 11

a. performance reviews
b. earned value analysis
c. trend analysis

Question 12

12.3 control procurements - outputs (7)

Answer 12

1. closed procurements
2. work performance information
3. procurement documentation updates
4. change requests
5. project management plan updates (4)
6. project documents updates (5)
7. OPA updates

Question 13

what project management plan update outputs are relevant to 12.3 control procurements? (4)

Answer 13

a. risk management plan
b. procurement management plan
c. schedule baseline
d. cost baseline

Question 14

what project document updates are relevant for 12.3 control procurements? (5)

Answer 14

a. lessons learned register
b. resource requirements
c. requirements traceability matrix
d. risk register
e. stakeholder register