PMBoK - PROCUREMENT

Which process of Project Procurement Management is in executing process group?

• Plan Procurement

• Conduct Procurement

• Control Procurement

• Close Procurement

Which is not includes as type of contract?

• Fixed price

• Centralized contract

• Cost reimbursable

• Time and materials

Which contract use when the project is small and scope is not clearly definied?

• Fixed price

• Cost plus incentive fee

• Cost plus award fee

• Time and materials

Which process obtains seller responses, select seller and awarding contract?

• Plan Procurement

• Conduct Procurement

• Control Procurement

• Bidder Conference

In seller perspective, which one of this type of contract that has the highest risk?

• Firm fixed price

• Time and material

• Cost plus fee

• Fixed price economic price adjusment

In buyer perspective, which one of this type of contract that has the highest risk?

• Firm fixed price

• Time and material

• Cost plus fee

• Fixed price economic price adjusment

Which one of the following is NOT the output of conduct procurement?

• Selected seller

• Agreements

• Make or buy decision

• Change request