CPSM1 Online Practice Questions and Answers

According to Project Management Institute, which of the following is NOT the process group of project?

A. Initiating

B. Organizing

C. Executing

D. Closing

Organizations less familiar with the discipline of project management usually begin by creating task forces or committees within each role to tackle problem, known as:

A. Procurement Management

B. Functional structure

C. Procedural structure

D. Performance Management

and are two examples of organizations that operate in projectized structure environment.

A. Small accounting firms and construction organizations

B. Large accounting firms and assembly organizations

C. Large Procurement firms and production organizations

D. Large accounting firms and construction organizations

A project manager is assigned to a project, either full -time or part-time, depending on the size of the project, and then must negotiate for the services of individual team members with each appropriate functional manager in:

A. Functional Organization

B. Matrix Organization

C. Project Organization

D. Control Organization

A set of systematic procedures to apply critical thinking to information, data and experience for the purpose of solving problems, making decisions, anticipating future problems and appraising situations is known as:

A. Rational process analysis

B. Lucidity analysis

C. Coherent analysis

D. Prioritization matrix analysis

Supply management is involved in projects at the planning stage through source solicitation planning and selection.

A. True

B. False

The demand forecast for all products and services then is used to create a ,which breaks down all labor and material requirements, usually by quarter.

A. aggregate plan

B. aggregate forecast

C. scheduling forecast

D. Top-down strategy

A physical stock checking system in which the inventory is divided into groups that are physically counted at predetermined intervals is called:

A. Continuous inventory

B. Cycle counting

C. Reconciliation

D. None of the above

confirms that a change has occurred in the economy and tends to follow changes in the economy.

A. Production indicator

B. Leading indicator

C. Lagging indicator

D. Economy test indicator

When an organization reduces the number and design of items it uses, this is referred to as:

A. Bifurcation

B. Generalization

C. Simplification

D. Overview discussion

A method of measuring an organization's activities in terms of its vision and strategies is the:

A. Balanced scoreboard

B. Business leaderships

C. Correlated action process

D. Hallucination process

What promote the use and development of small businesses including minority-owned and womenowned organizations?

A. Supplier diversity programs

B. Supplier development programs

C. Compliance metrics

D. Supply Management programs

What refers to the set of electronic tools used by world-class organizations to generate, process, transfer, interpret and use information?

A. Information technology

B. Information transmittal

C. Trend technology

D. Information retrieval system

Services provided from third parties fall into which of the following area?

A. Consulting

B. Customization

C. Maintenance/ Support

D. All of the above

The supply management professional may use which mean to resolve the logical conflicts?

A. Litigation

B. Negotiation

C. Acceptance

D. All of the above