Vendor Evaluation and Coordination CAIPM Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   Which vendor evaluation criterion is most important when the AI solution must handle a sudden increase in user demand without performance degradation?

   • AVendor's office location
   • BSecurity certifications
   • CScalability
   • DCompliance with industry standards
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2. 12expert · hard

   A technology company is evaluating an AI vendor for a customer service chatbot. The vendor's solution uses a large language model that may generate biased or inappropriate responses. The company's legal team is concerned about potential liability. The vendor offers a standard contract that includes a limitation of liability clause. The company wants to mitigate the risk of biased outputs. What is the most effective risk mitigation strategy?

   • AAccept the standard contract and rely on the vendor's reputation.
   • BChoose a different vendor that uses a simpler rule-based system, even if it is less capable.
   • CNegotiate contractual terms that require the vendor to implement bias mitigation measures and include a liability clause for harms caused by biased outputs.
   • DImplement a human review process for all chatbot responses, but do not change the contract.
   Reveal Solution Discussion Select an answer first
4. 13foundation · easy

   What is the primary purpose of a service level agreement (SLA) in an AI vendor contract?

   • ATo replace the need for any technical documentation
   • BTo define measurable performance expectations and remedies for non-compliance
   • CTo provide a marketing description of the vendor's services
   • DTo outline the vendor's internal employee policies
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5. 14application · medium

   A telecom company is implementing an AI-based network optimization solution with a vendor. The project involves multiple internal teams (network, IT, and security) and the vendor's team. The company wants to ensure that all stakeholders have a clear understanding of project milestones and responsibilities. Which coordination mechanism is most effective?

   • ACreate a shared document but do not schedule any meetings.
   • BEstablish a shared project charter and a bi-weekly steering committee meeting with representatives from all teams.
   • CLet the vendor manage all communication directly with the IT team only.
   • DSend a detailed email to all stakeholders once a month.
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6. 15application · medium

   A media company is evaluating AI vendors for content personalization. The company's user base is global, and it expects traffic spikes during major events. The vendor must handle variable loads and comply with GDPR for European users. Which combination of criteria should be most heavily weighted in the vendor evaluation?

   • AScalability to handle peak loads and GDPR compliance for data processing.
   • BVendor's brand reputation and existing customer references.
   • CLowest cost and fastest implementation.
   • DModel accuracy and user interface design.
   Reveal Solution Discussion Select an answer first