[Mar 23, 2024] 100% Latest Most updated CPSM Questions and Answers [Q61-Q85]

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[Mar 23, 2024] 100% Latest Most updated CPSM Questions and Answers

Try with 100% Real Exam Questions and Answers

QUESTION 61
What is used to establish a relationship between the cost, schedule and technical aspects of a project?

 
 
 
 

QUESTION 62
What provides an illustration of the project’s scope sand all tasks become the basic for monitoring the project’s progress?

 
 
 
 

QUESTION 63
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:

 
 
 
 

QUESTION 64
The underlying assumption is that a forecast can be created based on which of the following patterns observed within the time series data?

 
 
 
 

QUESTION 65
The mean of at least two recent periods of demand data is the basis for the next period’s demand forecast is the description of which quantitative forecast method?

 
 
 
 

QUESTION 66
A chart that captures all the possible causes of a problem in a format designed to show their relationships to the problem and to each other is known as:

 
 
 
 

QUESTION 67
A useful tool for summarizing and displaying the distribution of a process data set is called:

 
 
 
 

QUESTION 68
Which of the following is the area of concern to logistics?

 
 
 
 

QUESTION 69
The process of accessing progress toward achieving predetermined goals is called:

 
 
 
 

QUESTION 70
A method of measuring an organization’s activities in terms of its vision and strategies is the:

 
 
 
 

QUESTION 71
The sourcing process has moved from the initial stage to where it is used more repeatedly because of external pressures in which level of process maturity?

 
 
 
 

QUESTION 72
Applying the value of existing equipment against the purchase of new is referred to as:

 
 
 
 

QUESTION 73
The implementation of a measurement-based strategy aimed at reducing variances and improving processes is the objective of:

 
 
 
 

QUESTION 74
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as:

 
 
 
 

QUESTION 75
Who retain experts in global shipping to assist smaller organizations that do not have the necessary experience or expertise?

 
 
 
 

QUESTION 76
Contract statement of work is the output of which process group?

 
 
 
 

QUESTION 77
What involves selected practices and
measurements
that are
compared from one organization to another?

 
 
 
 

QUESTION 78
The costs of logistics services should be determined; these costs plus an added value or markup becomes the:

 
 
 
 

QUESTION 79
What help supply management personnel develop an appropriate sourcing strategy for items purchased, based on profit impact and supply risk?

 
 
 
 

QUESTION 80
Which of the following are the three types of supplier audits?

 
 
 
 

QUESTION 81
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:

 
 
 
 

QUESTION 82
Two back-to-back quarters of negative gross domestic product growth is referred to as:

 
 
 
 

QUESTION 83
An intermediary who brings the buyer and the seller together is the:

 
 
 
 

QUESTION 84
The purpose of is to determine whether or not an organization’s financial
statements are
prepared in accordance with generally
accepted accounting principles.

 
 
 
 

QUESTION 85
Any material, component or product that is held for use at a later time is known as:

 
 
 
 

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