Proj 598 week 3 quiz - Study guides, Class notes & Summaries

1. Question: (TCO B) All of the below would be considered good selection criteria for a buyer to use to select a seller, except 2. Question: (TCO A) In industry, there are four processes one follows in the procurement area of project management. Describe and explain these four processes in the procurement management process for the buyer. 3. Question: (TCO C) Compare and contrast a cost-plus contract to a time and materials contract. When would each be appropriate for a given project? 4. Ques...

PROJ 598 Week 3 Quiz Question : (TCO A) What are the four common actions that winning organizations are taking to build successful partnerships? Question : (TCO A) Which of the following common actions used by winning companies to build successful partnerships would involve strategic sourcing agreements, back-sourcing arrangements, joint-equity partnerships, preferred supplier agreements, and customer agreements? Question : (TCO B) What are some of the best practices for building trust? Qu...