Procurement Quiz
Quiz
•
Education
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University
•
Practice Problem
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Hard
Li Yow
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of procurement in construction projects?
To evaluate project risks
To hire construction professionals
To deliver construction projects
To manage project finances
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which document defines the project strategy, organization, control procedures, and responsibilities in procurement?
Procurement Strategy
Project Execution Plan (PEP)
Project Brief
Risk Management Plan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor in developing a procurement strategy?
Availability of materials
Project location
Client's attitude to risk
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the client in the procurement process?
To manage the construction team
To develop a vision and confirm its viability
To oversee the design process
To select subcontractors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT considered when selecting a procurement strategy?
Client's knowledge and experience
Economic and political factors
Project characteristics
Availability of construction materials
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is NOT factors outside the control of the project team?
Changes to borrowing interest rates
Increases in the level of inflation
Client's resources
Changes to legislation
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