Chapter 12 Administrator Procurements

1) What is this called in PMBoK 5th Ed?

2) What do you remember about EVM?
a) CPI:
b) SV?
c) CV?
d) AC?
e) RATE OF PERFORMANCE?
f) SPI?
g) What else is there to know?
3) Managing cost type procurement contracts using simple
earned value.
a) Now, turn to Figure 12.1 on page 212. Looks pretty simple?
b) But it never is..
i) Now add the complexity of paying only on certain
milestones.say 25% done, 50% done, and 75% done,
and finally 100% done.
(1)
Assuming everything is completed on time, and
payments are issued on the first of the month for
previous months calculations, and there is a contract
phase to hold back 10% of any payment? how much do
you pay on:
(a) Feb 1?
(b) Mar 1?
(c) Apr 1?
(d) May 1?
(e) Oct 1?
4) What are the benefits to using a simple EVM?
a) In your own words, rewrite what is on page 213-4
5) .skip to page 217, Project Status Reviews
a) Set up a pre-defined frequency
b) Measures performance against baseline. Action plans noted.
How would you do this? SV suggests using the project plan
schedule in .mpp, and filtering for what is less than 100%
completed, and is over due, due now, and due soon. Filter
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Chapter 12 Administrator Procurements

by person as well. This is NOT to point fingers, but to
remove obstacles.
c) But dont remove the chairs as per p. 217, unless it is a
scrum meeting. Which isnt on the exam.
6) Privity of contract issues.
a) What does it mean? That connection or relationship which
exists between two or more contracting person. P. 218
b) Why is this a good thing? See pg. 219
7) How will you manage changes to project procurements
to avoid scope creep?
a) Change control boards
b) What is a constructive change? How does it occur?
i) Changing the suppliers schedule (delay or accelerate)
ii) Defective specs
iii)Changing specs, sow, or terms and conditions
iv)Interfering with supplier performance. Example?
v) Rejecting deliverables although it meets all requirements
and quality standards. Sheesh
8) Managing T&M P. 224
a) What of the 5 categories does this fall?
b) When is it used?
c) Not used?
d) Has a PM, how will you supervise it?

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