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Exam (elaborations)

Smps Cpsm Actual Final Exams Questions And Answers Set

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SMPS CPSM ACTUAL FINAL EXAMS QUESTIONS AND ANSWERS SET

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SMPS CPSM ACTUAL FINAL EXAMS QUESTIONS
AND ANSWERS SET A+
✔✔Statement of Qualifications (SOQ) - ✔✔Document prepared as a more general
response for a client, soliciting qualified firms for a specific area of practice or project.

✔✔Short List - ✔✔List of firms generated once responses to an RFQ/P have been
submitted and reviewed. These firms are given the opportunity to continue through the
procurement process.

✔✔Compliance Matrix - ✔✔Tool used to ensure that a proposal complies with all
requirements detailed in an RFP

✔✔Work Plan - ✔✔A written plan that defines action, which typically includes tactics,
timetable, individuals responsible, and results accomplished.

✔✔Long Lead Items - ✔✔Activities on a schedule that typically require a longer time to
acquire or complete and therefore need to be started earlier than other items.

✔✔Proposal - ✔✔Document prepared in response to a specific solicitation where
generally the project is identified and a scope of work is available.

✔✔Standard Form 330 - ✔✔Standard form used by Federal agencies in the
procurement of architecture and engineering services

✔✔Standard Form 255/254 - ✔✔Older version of the standard form that is still used by
some non-Federal agencies

✔✔Boilerplate - ✔✔Standardize statements about an organization, its operations, or
business philosophy

, ✔✔Blue Team Review - ✔✔Initial review of a proposal, used to select resumes and
project descriptions, and to evaluate the availability of required content

✔✔Red Team Review - ✔✔Primary review of a proposal, which offers a chance for a
team to catch errors or omissions before the proposal is submitted

✔✔Storyboard - ✔✔A form of graphic organization that uses illustrations, images, or
pages displayed nin sequence for the purpose of pre-visualizing a presentation.

✔✔Debriefing - ✔✔A meeting between a firm and its (prospective) client to discuss a
winning/losing proposal and enables the firm to better understand their clients' needs
and provides information that can be used to improve marketing efforts.

✔✔After Action Review - ✔✔An open dialogue with the people involved in the project
pursuit and conducted before a formal debrief session is held with the client.

✔✔Net Profit Ratio - ✔✔Ratio of net profit (income minus expenses) to net revenues

✔✔Lump Sum - ✔✔Fee structure where the firm determines a fixed price under which
they will agree to deliver a specific scope of work.

✔✔Cost Plus - ✔✔A fee structure where the firm agrees to provide services at cost plus
a multiplier

✔✔Cost Plus Fixed Fee - ✔✔A fee structure where the firm agrees to provide services
with reimbursement at a standard overhead rate with a standard profit percentage.

✔✔Consequential Damages - ✔✔Damages that are not directly caused by one party's
breach of contract, but which may result from the breach.

✔✔Design-Bid-Build - ✔✔Form of project delivery whereby the contracting agency
either performs the design work in-house or negotiates with a design firm to prepare
drawings under a design services contract, then separately contracts for construction by
engaging a contractor through competitive bidding.

✔✔Design-Build - ✔✔Form of project delivery whereby one entity (either a single
company or two companies with a teaming arrangement) performs both
architectural/engineering and construction under a single contract.

✔✔CMAR - ✔✔Form of project delivery that entails and agreement by the construction
manager to deliver the project within a guaranteed maximum price (GMP), where the
firm acts as consultant to the owner in the development and design phases but the
equivalent of a general contractor during the construction phase.

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