ISM CPSM1 CPM Exam Practice Test Instant Access

Question 1

An inventory management program where information is submitted electronically fromthe customer to supplier is called:

AAdd-on program

BContinuous replenishment program

CFront office program

DNone of the above

Answer : B

Question 2

By using which process, the financial services provider improved an established sourcingprocess to convey clear expectations to service providers?

ADMAIC (define, measure, analyze, improve, control)

BDMATM (define, manage, analyze, test, maintenance)

CDMADV (define, measure, analyze, design, verify)

DDMMDV (develop, measure, manage, distribute, maintenance)

Answer : A

Question 3

A relatively small amount of the population controlled the majority of the wealth, this isknown as:

ARatio analysis

BStatistical analysis

CPareto analysis

DControlled analysis

Answer : C

Question 4

The process of coordinating the organization, planning, scheduling, controlling,monitoring and evaluating of activities so that the objectives of a project are met isknown as:

AProject Life cycle

BProject Executive

CProject Management

DProject Organization

Answer : C

Question 5

Which of the following essentially translate an organization's business plan into anoperation plan?

ARequirement plan

BStaffing plan

CCapital investment plan

DServices resources

Answer : B

Question 6

According to Jason Westland, author of Project management Life Cycle, a businesscase should NOT include which of the following?

Aa description of the problem under consideration

Boptions available to solve the problem

Cbenefits, costs, risks and feasibility for each available option

Dpost-recommended solution

Answer : D

Question 7

Which of the following is NOT the type of statement of work (SOW)?

AProject SOW

BDesign SOW

CLevel of effort SOW

DPerformance SOW

Answer : B

ISM Foundation of Supply Management CPSM1 CPM Exam Practice Test