What is the primary purpose of the conduct procurements process?
PMP Certification Training - Conduct Procurements

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Information Technology (IT), Architecture, Business
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University
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Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To finalize project scope
To create a project schedule
To manage internal resources
To obtain seller responses and award contracts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which document is used to request detailed proposals from potential sellers?
Purchase Order
Request for Information (RFI)
Request for Proposal (RFP)
Request for Quotation (RFQ)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between a bid and a proposal?
Bids are used for government projects only
Proposals are used for internal projects only
Bids are more detailed than proposals
Bids are used when price is the only factor, proposals consider other factors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a bidder conference?
To select the final seller
To negotiate prices with vendors
To ensure all vendors have the necessary information to submit proposals
To finalize the contract terms
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an output of the conduct procurements process?
Risk Management Plan
Selected Sellers
Project Schedule
Project Charter
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of a fixed price contract?
The buyer bears the majority of the cost risk
The contract is only used for short-term projects
The seller is reimbursed for all costs
The price is set regardless of the final cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which contract type is most suitable when the scope of work is not well defined?
Fixed Price Contract
Cost Reimbursable Contract
Time and Material Contract
Firm Fixed Price Contract
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