Procurement Quiz

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

Which document defines the project strategy, organization, control procedures, and responsibilities in procurement?

• Procurement Strategy

• Project Execution Plan (PEP)

• Project Brief

• Risk Management Plan

What is a key factor in developing a procurement strategy?

• Availability of materials

• Project location

• Client's attitude to risk

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

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

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