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Procurement Management knowledge area

Authored by Mariam Nazaryan

Professional Development

Professional Development

Procurement Management knowledge area
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project requires specialized software for a unique task. The project team decides to hire an external company to develop the software. Which procurement document is used to solicit proposals from potential vendors?

Request for Quotation (RFQ)

Request for Proposal (RFP)

Statement of Work (SOW)

Procurement Management Plan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project involves purchasing standard office supplies from a vendor. The project manager wants to quickly obtain price and delivery information. Which procurement document is appropriate for this situation?

Request for Quotation (RFQ)

Request for Proposal (RFP)

Statement of Work (SOW)

Procurement Management Plan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project requires the expertise of an external consultant. The project manager drafts a document that outlines the consultant's responsibilities, deliverables, and project objectives. What is this document called?

Request for Quotation (RFQ)

Statement of Work (SOW)

Procurement Management Plan

Service Level Agreement (SLA)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project manager realizes that a vendor is not meeting the agreed-upon quality standards for the delivered goods. The project manager takes corrective actions to ensure the vendor's performance aligns with the contract. What process is this?

Plan Procurements

Conduct Procurements

Control Procurements

Close Procurements

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A project manager is finalizing all the procurement-related activities, including verifying that the vendor's work is complete and compliant with the contract. What process is this?

Plan Procurements

Conduct Procurements

Control Procurements

Close Procurements

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