CAPM · Question #365
Which of the following lists of tools and techniques is used when conducting procurements?
The correct answer is C. Expert judgement, procurement negotiations bidder conferences, proposal evaluation and advertising, and make-or-buy decisions. NOTE: The marked answer contains an error. 'Make-or-buy decisions' (included in Answer C) is a tool used in Plan Procurement Management, not in Conduct Procurements. The tools and techniques for the Conduct Procurements process per PMBOK 6th edition include: Expert judgment…
Question
Options
- AExpert judgement, procurement negotiations, bidder conferences, proposal evaluation advertising and independent estimates
- BBudgeting procurement negotiations, bidder conferences, proposal evaluation and advertising, and seller's proposal
- CExpert judgement, procurement negotiations bidder conferences, proposal evaluation and advertising, and make-or-buy decisions
- DAgreements procurement negotiations, bidder conferences, proposal evaluation and advertising selected seller
How the community answered
(32 responses)- A6% (2)
- C91% (29)
- D3% (1)
Explanation
NOTE: The marked answer contains an error. 'Make-or-buy decisions' (included in Answer C) is a tool used in Plan Procurement Management, not in Conduct Procurements. The tools and techniques for the Conduct Procurements process per PMBOK 6th edition include: Expert judgment, Advertising, Bidder conferences, Data analysis, Interpersonal and team skills (including negotiation), and Proposal evaluation. Answer A (Expert judgment, procurement negotiations, bidder conferences, proposal evaluation, advertising, and independent estimates) more accurately reflects the Conduct Procurements T&T list. Independent estimates are used to evaluate seller proposals and are a recognized T&T for this process.
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