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GSLC · Question #8

The Project Procurement Management knowledge area focuses on which of the following processes? Each correct answer represents a complete solution. Choose two.

The correct answer is A. Contract Administration D. Contract Closure. According to the PMBOK Guide, Project Procurement Management includes Contract Administration and Contract Closure as its core process group activities.

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Question

The Project Procurement Management knowledge area focuses on which of the following processes? Each correct answer represents a complete solution. Choose two.

Options

  • AContract Administration
  • BTeam Development
  • CStaff Acquisition
  • DContract Closure

How the community answered

(46 responses)
  • A
    93% (43)
  • B
    2% (1)
  • C
    4% (2)

Why each option

According to the PMBOK Guide, Project Procurement Management includes Contract Administration and Contract Closure as its core process group activities.

AContract AdministrationCorrect

Contract Administration is a formal PMBOK procurement process that manages the relationship between buyer and seller, ensuring both parties meet contractual obligations throughout the project.

BTeam Development

Team Development is a process within Project Human Resource Management, focused on improving team competencies and interaction, not procurement.

CStaff Acquisition

Staff Acquisition is also part of Project Human Resource Management, concerned with obtaining the personnel needed for the project, not managing contracts or vendor relationships.

DContract ClosureCorrect

Contract Closure is the procurement process that formally completes and settles each contract, verifying that all work and deliverables were acceptable before the contract is closed out.

Concept tested: PMBOK Project Procurement Management process identification

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

Topics

#procurement management#contract administration#contract closure#project management

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