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  • Question
  • Project Procurement Management What are the Project Management Processes included in the Project Procurement Management?


  • Correct Answer
  • The Project Procurement Management processes include the following: Plan Purchases and Acquisitions - determining what to purchase or acquire and determining when and how Plan Contracting - documenting products, services, and results requirements and identifying potential sellers Request Seller Responses - obtaining information, quotations, bids, offers, or proposals, as appropriate Select Sellers - reviewing offers, choosing among potential sellers, and negotiating a written contract with each seller Contract Administration - managing the contract and relationship between the buyer and seller , reviewing and documenting how a seller is performing or has performed to establish required corrective actions and provide a basis for future relationships with the seller, managing contract-related changes and, when appropriate , managing the contractual relationship with the outside buyer of the project Contract Closure - completing and settling each contract, including the resolution of any open items, and closing each contract applicable to the project or a project phase 


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    • 1. Project Risk Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Risk Monitoring and Control?
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    • 2. Project Risk Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Risk Response Planning?
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    • 3. Project Risk Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Quantitative Risk Analysis?
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    • 4. Project Risk Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Qualitative Risk Analysis?
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    • 5. Project Risk Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Risk Identification?
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    • 6. Project Procurement Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Plan Purchase and Acquisitions?
    • Discuss
    • 7. Project Procurement Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Plan Contracting?
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    • 8. Project Procurement Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Request Seller Responses?
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    • 9. Project Procurement Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Select Sellers?
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    • 10. Project Procurement Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Contract Administration?
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