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NEW QUESTION: 1
Which quality tool may prove useful in understanding and estimating the cost of quality in a process?
A. Histograms
B. Control charts
C. Flowcharts
D. Checksheets
Answer: C
NEW QUESTION: 2
Which of the following provides secure online payment services?
A. CA
B. IEEE
C. ACH
D. ICSA
Answer: C
NEW QUESTION: 3
You are working on a new project in your organization. You need to decide how best to staff the project and handle all its resource requirements. Your first step should be to______________
A. Conduct a market survey
B. Conduct a make-or-buy analysis
C. Solicit proposals from sellers using an RFP to determine whether you should outsource the project
D. Review your procurement department's qualified-seller lists and send an RFP to selected sellers
Answer: B
Explanation:
A make-or-buy analysis is a plan procurement management tool and technique used to determine whether a particular product, service, or result can be produced or performed cost effectively by the performing organization or should be contracted out to another organization. The analysis includes both direct and indirect costs and any administrative costs incurred to manage the contractor. [Planning] PMI@, PMBOK@ Guide, 2013, 365