Vendor Evaluation and Coordination CAIPM Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A media company is planning to implement an AI-based content-recommendation system. The company has a limited budget and wants to minimize upfront investment. The program manager is designing the vendor selection process. Which step should be included to ensure the process aligns with the company's AI strategy and budget constraints?

   • ADefine clear evaluation criteria that include total cost of ownership and scalability, and weight them according to strategic priorities.
   • BFocus exclusively on technical capability and ignore cost considerations.
   • CSelect the vendor with the lowest initial quote without further evaluation.
   • DInvite only one vendor to bid to save time and effort.
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   Which mechanism is most effective for coordinating with an AI vendor on day-to-day project tasks?

   • APress releases
   • BAnnual performance reviews
   • CA shared project management tool
   • DFormal legal notices
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4. 8application · medium

   A government agency is evaluating an AI vendor for a citizen-services chatbot. The vendor's solution uses a large language model hosted on their cloud platform. The agency's data protection officer is concerned about the vendor's use of data for model training and the potential for bias in responses. Which risk mitigation approach should the agency prioritize in the vendor contract?

   • AAccept the vendor's standard terms because they are a large, reputable company.
   • BRequire the vendor to provide a list of all training data sources.
   • CInclude contractual clauses that prohibit the vendor from using the agency's data for training and require regular bias audits.
   • DAsk the vendor to delete the data after the contract ends, but allow training use during the contract.
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   What is the first step in a structured vendor selection process for an AI project?

   • AMonitoring vendor performance
   • BConducting a pilot test with all vendors
   • CDefining the organization's AI strategy and requirements
   • DSigning the contract with the chosen vendor
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6. 10foundation · easy

   Which risk is most directly associated with an AI vendor handling personal data?

   • AEmployee satisfaction
   • BData privacy breaches
   • COffice location issues
   • DExcessive marketing spend
   Reveal Solution Discussion Select an answer first