Trending Contracting Discussions

Your spouse works for a vendor and the vendor bidding on a project at your company. You are not affiliated with the specific project team?‎

 bevaluating bids but you are part of the executive project management team. What do you do? A. Inform the vendor of the relationship B. Both1) Inform your company of t‎ ... See More

You are the project manager for BB Tops, a nationwide toy store chain. Your new project involves a creating a prototype display at several stores?‎

across the country. You are hiring a contractor for portions of the project. The contract stipulates that you'll pay all allowable costs and an8 percent fee over and‎ ... See More

In BOM structure, If I'm revising the child part at leaf node. Do I need to revise all of its parents ?‎

How can beneficial long-term supplier and government contracts be reconciled with the improvement of flexible innovation capabilities?‎

You have negotiated a major deliverable with a contractor several of your colleagues have utilized in the past without problems?‎

Its is critical the contactor meet an Augustth deliverable.this is an example of (n):A. ObjectiveB. GoalC. Constraint.D. Assumption.‎

You’ve been contracted by an industrial design firm to manage their contracting. Your client asks you?‎

  to take over the negotiations for an important contract to design a new lighting remote control system. You’ve narrowed it down to one seller, and now you’re working w‎ ... See More

Which of the following BEST describes the “point of total assumption” for a contract?‎

      A. The point in a cost-plus contract where the buyer assumes that the seller will need to be paid B. The total cost of a T&M contract C. The poin‎ ... See More

You work for a seller that is bidding on a contract. Which type of contract has the MOST risk for your company?‎

  A. CPIF    B. T&M C. FP D.CPAF     ‎

Which of the following is NOT true about bidder conferences?‎

  A. All potential sellers should meet separately with the buyer B. Potential sellers should ask questions in an open forum so other sellers can hear the answers ‎ ... See More

Tom is a project manager for a software company. He is contracting a long-term software project with an external company?‎

  That company charges him $/hour per employee and $ overhead per month. What kind of contract is he using? A. FP  B. CPAF C. CR D. T&M       ‎ ... See More