ISM Certified Professional in Supply Management (CPSM)

QUESTION NO: 1
Making environmentally
conscious
decisions throughout the purchasing process beginning with product and process design through product disposal is known as:

A. Green purchasing B. Purchasing Agreement C. Logistic purchasing D. None of the above

Correct Answer: A

QUESTION NO: 2
A large number of suppliers who are all capable of supplying the same product, and the dollars in:

A. Leveraged items B. Non-critical items C. Bottleneck items D. Operational items

Correct Answer: A

QUESTION NO: 3
Which of the following is NOT the component
used to calculate the inventory holding costs?

A. Obsolescence B. Invested funds C. Shrinkage D. Released rates

Correct Answer: D

QUESTION NO: 4
According to Jason Westland, author of Project management Life Cycle, a business case should NOT include which of the following?

A. a description of the problem under consideration B. options available to solve the problem C. benefits, costs, risks and feasibility for each available option D. post-recommended solution

Correct Answer: D

QUESTION NO: 5
The
demand forecast
for
all
products and services then is used to create a _, which breaks down all labor and material requirements, usually by quarter.

A. Top-down strategy B. aggregate plan C. aggregate forecast D. scheduling forecast

Correct Answer: B

QUESTION NO: 6
A macro-level evaluation of an organization's internal and external forces is called:

A. SWOT analysis B. Functional analysis C. Expert analysis D. Paradox analysis

Correct Answer: A

QUESTION NO: 7
A horizontal bar chart used in project management that is commonly used to plot the planned and actual progress of project activities is known as:

A. performance chart B. Agreement chart C. Gantt chart D. Progression chart

Correct Answer: C

QUESTION NO: 8
A chart that captures all the possible causes of a problem in a format designed to show their relationships to the problem and to each other is known as:

A. Performance-biased diagram B. Integration progress chart C. Root cause chart D. Fishbone diagram

Correct Answer: D

QUESTION NO: 9
The time that elapses from placement of an order until receipt of the order is called:

A. Follow up time B. Central time C. Lead time D. Control time

Correct Answer: C

QUESTION NO: 10
Downtime during testing, losses in productivity, resistance to change and new manuals are all description of:

A. Logical assets B. External suppliers C. Internal organization D. Project participants

Correct Answer: C

ISM Certified Professional in Supply Management (CPSM) - CPSM Exam Questions