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1. When selecting a supplier to do work on a project, what is the most important selection criterion?
The supplier must be the low cost supplier.
The supplier must be able to meet whatever are the most critical requirements for project success – cost, quality, or schedule.
The supplier must be on the preferred supplier list.
2. What type of relationship does the project team have with a supplier of a commodity product or service that is supporting a project task?
The project team provides a schedule directly to the supplier and meets with the supplier regularly to track progress.
The project conducts the negotiation and purchasing of the commodity and tracks the supplier’s activities to ensure it meets project requirements.
The project team has no relationship; the relationship is between the supplier and purchasing.
3. What is normally the primary project risk when a project uses a supplier to conduct a development effort and the project team, although actively managing the supplier relationship, is not able to provide a clear specification to the supplier?
Numerous change orders will lead to cost overruns and schedule delays.
The supplier will go bankrupt.
The supplier will fail to deliver what is required for the project.
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