The process of coordinating the organization, planning, scheduling, controlling, monitoring and evaluating of activities so that the objectives of a project are met is known as:
A. Project Life cycle
B. Project Executive
C. Project Management
D. Project Organization
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:
A. Functional Organization
B. Matrix Organization
C. Project Organization
D. Control Organization
The re-employment, reuse, recycling or regeneration of something of value that is no longer necessary for the original intent is called:
A. Asset recovery
B. Inventory recovery
C. Financing recovery
D. Supply chain recovery
With what an organization's inventory values are kept continuously in line with its actual inventory on hand?
A. Services inventory control system
B. Perpetual inventory control system
C. Periodic inventory control system
D. Temporary inventory control system
New product ideas fall into following categories except:
A. Breakthrough ideas
B. Incremental ideas
C. Derivative ideas
D. Production ideas
The amount of reserve capacity that a firm maintains to handle sudden increases in demand or temporary losses of production capacity is called:
A. Capacity cushion
B. Capacity capability
C. Capacity staffing
D. Capacity board
What is useful when organizations are forecasting the effects of economic trends on national or worldwide supply and demand?
A. Growing manufacturing
B. Customized pooling
C. Microdata
D. Macrodata
An appraisal process developed to measure and improve an organization's critical core capabilities is called:
A. Capability Maturity Model
B. Capability Maturity Model Integration
C. Supply Management Performance
D. Acquisition Validation Model
The process of accessing progress toward achieving predetermined goals is called:
A. Efficiency evaluation
B. Performance measurement
C. Support center
D. Professional development
A large number of suppliers who are all capable of supplying the same product, and the dollars in:
A. Non-critical items
B. Operational items
C. Leveraged items
D. Bottleneck items
