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INEN 406 Exam 3 Questions and Correct
Answers/ Latest Update / Already Graded
Not only can contracted project work be cheaper, it can also be done
__________.
Ans: Faster
Outsourcing project work requires
Ans: strong management and leadership
The term __________ has traditionally been applied to the transferring
of business functions or processes to other, often foreign, companies.
Ans: Outsourcing
Which of the following is not a disadvantage of outsourcing project
work?
A. Collaboration and accommodation.
B. Loss of control
C. Conflict
D. Security issues
E. Political hot potato
All rights reserved © 2025/ 2026 |
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Ans: A. Collaboration and accommodation.
What is the fundamental difference between a fixed-price and a cost-
plus contract?
Ans: On fixed-price contracts the cost is set in advance while
for cost-plus contracts it is established after the project is
completed.
The team-building sessions often conclude with the creation of a
partnering _________ signed by all of the participants.
Ans: Charter
Which of the following is NOT an advantage of establishing a long-
term partnership?
A. More efficient utilization of resources
B. Reduced administration costs
C. Improved innovation
D. Risk is eventually transferred to the other party
E. Improved performance
Ans: D. Risk is eventually transferred to the other party
All rights reserved © 2025/ 2026 |
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When outsourcing project work, coordination __________ are
intensified by physical separation with people working in different
buildings, different cities, if not different countries.
Ans: Breakdowns
When using the partnering approach to manage contracted
relationships, ________ is shared jointly among the partners, which
encourages innovation and continuous improvement.
Ans: risk
Successful firms are very careful in selecting the work to be
outsourced. If expectations and requirements are fuzzy or open to
debate, working together can become very difficult. The following are
ways to clarify requirements and procedures EXCEPT
Ans: make sure communication is well structured and
interactions are managed to avoid confusion.
Which of the following is the BEST way to ensure that cohesion and
cooperation are not undermined, and the parties involved will be
satisfied when the project is complete?
A. Long-term outsourcing relationships
B. Good negotiation practices
All rights reserved © 2025/ 2026 |
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C. Well-established conflict management processes in place
D. Frequent review and status updates
E. Fair and incentive-laden contracts
Ans: E. Fair and incentive-laden contracts
Long-term partnerships will provide all the following EXCEPT:
A. Improved communication
B. more efficient utilization of resources
C. reduced communication requirements.
D. Lower administrative costs
E. Improved innovation
Ans: C. reduced communication requirements.
In the traditional approach to managing contracted relationships,
________ are structured and guarded.
Ans: Communications
When considering principled negotiation, revealing why you are trying
to achieve something instead of demanding what you want or need is
an example of
All rights reserved © 2025/ 2026 |
INEN 406 Exam 3 Questions and Correct
Answers/ Latest Update / Already Graded
Not only can contracted project work be cheaper, it can also be done
__________.
Ans: Faster
Outsourcing project work requires
Ans: strong management and leadership
The term __________ has traditionally been applied to the transferring
of business functions or processes to other, often foreign, companies.
Ans: Outsourcing
Which of the following is not a disadvantage of outsourcing project
work?
A. Collaboration and accommodation.
B. Loss of control
C. Conflict
D. Security issues
E. Political hot potato
All rights reserved © 2025/ 2026 |
, Page |2
Ans: A. Collaboration and accommodation.
What is the fundamental difference between a fixed-price and a cost-
plus contract?
Ans: On fixed-price contracts the cost is set in advance while
for cost-plus contracts it is established after the project is
completed.
The team-building sessions often conclude with the creation of a
partnering _________ signed by all of the participants.
Ans: Charter
Which of the following is NOT an advantage of establishing a long-
term partnership?
A. More efficient utilization of resources
B. Reduced administration costs
C. Improved innovation
D. Risk is eventually transferred to the other party
E. Improved performance
Ans: D. Risk is eventually transferred to the other party
All rights reserved © 2025/ 2026 |
, Page |3
When outsourcing project work, coordination __________ are
intensified by physical separation with people working in different
buildings, different cities, if not different countries.
Ans: Breakdowns
When using the partnering approach to manage contracted
relationships, ________ is shared jointly among the partners, which
encourages innovation and continuous improvement.
Ans: risk
Successful firms are very careful in selecting the work to be
outsourced. If expectations and requirements are fuzzy or open to
debate, working together can become very difficult. The following are
ways to clarify requirements and procedures EXCEPT
Ans: make sure communication is well structured and
interactions are managed to avoid confusion.
Which of the following is the BEST way to ensure that cohesion and
cooperation are not undermined, and the parties involved will be
satisfied when the project is complete?
A. Long-term outsourcing relationships
B. Good negotiation practices
All rights reserved © 2025/ 2026 |
, Page |4
C. Well-established conflict management processes in place
D. Frequent review and status updates
E. Fair and incentive-laden contracts
Ans: E. Fair and incentive-laden contracts
Long-term partnerships will provide all the following EXCEPT:
A. Improved communication
B. more efficient utilization of resources
C. reduced communication requirements.
D. Lower administrative costs
E. Improved innovation
Ans: C. reduced communication requirements.
In the traditional approach to managing contracted relationships,
________ are structured and guarded.
Ans: Communications
When considering principled negotiation, revealing why you are trying
to achieve something instead of demanding what you want or need is
an example of
All rights reserved © 2025/ 2026 |
