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GSLC · Question #356

Which of the following is a structured review of the procurement process originated at the Plan Procurements process?

The correct answer is C. Procurement auditing. A procurement audit is a structured review of the entire procurement process starting at Plan Procurements and continuing through Administer Procurements, conducted during Close Procurements. Its purpose is to identify successes and failures to inform future projects.

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Question

Which of the following is a structured review of the procurement process originated at the Plan Procurements process?

Options

  • AProcurement document package
  • BAdminister Procurements process
  • CProcurement auditing
  • DProject Procurement Management

How the community answered

(61 responses)
  • A
    3% (2)
  • B
    2% (1)
  • C
    95% (58)

Why each option

A procurement audit is a structured review of the entire procurement process starting at Plan Procurements and continuing through Administer Procurements, conducted during Close Procurements. Its purpose is to identify successes and failures to inform future projects.

AProcurement document package

A procurement document package is a collection of solicitation documents sent to prospective sellers, not a review process of completed procurement activities.

BAdminister Procurements process

Administer Procurements is itself an executing-and-monitoring process in the procurement lifecycle, not a review technique applied during Close Procurements.

CProcurement auditingCorrect

Procurement auditing is a tool and technique used within the Close Procurements process that involves a systematic review of all procurement activities beginning at the Plan Procurements stage through Administer Procurements. The intent is to document lessons learned and identify successes and failures for organizational process asset updates. PMBOK formally defines it as spanning the full procurement lifecycle for retrospective review purposes.

DProject Procurement Management

Project Procurement Management is the overall knowledge area encompassing all procurement processes, not a specific structured review technique within Close Procurements.

Concept tested: Procurement audit scope and purpose in PMBOK

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#procurement auditing#procurement process#vendor management#quality assurance

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