ISEB-PM1 · Question #268
Which of the following choices is a contract closure tool or technique?
The correct answer is D. Procurement audits. Procurement audits (D) are a recognized tool and technique in the Close Procurements process, as defined in the PMBOK Guide. A procurement audit is a structured review of the entire procurement process - from planning through contract administration - to identify successes and…
Question
Which of the following choices is a contract closure tool or technique?
Options
- AContract plan
- BProcurement plan
- CClosure process
- DProcurement audits
How the community answered
(21 responses)- A5% (1)
- B14% (3)
- C5% (1)
- D76% (16)
Explanation
Procurement audits (D) are a recognized tool and technique in the Close Procurements process, as defined in the PMBOK Guide. A procurement audit is a structured review of the entire procurement process - from planning through contract administration - to identify successes and failures that can inform future contracts.
Why the distractors are wrong:
- A. Contract plan - Not a standard PMBOK term or recognized closure tool; plans are created during planning phases, not used as closure techniques.
- B. Procurement plan - This is an output of the Plan Procurement Management process, not a closure tool; it defines how procurement will be conducted, not how it will be closed.
- C. Closure process - Too vague to be a specific tool or technique; it describes a phase, not a mechanism used within that phase.
Memory tip: Think of audits as the "lessons learned for contracts." Just as you conduct lessons learned at project close, a procurement audit closes the loop on the procurement lifecycle by reviewing what worked and what didn't - making "audit" the natural fit for any closure-phase question involving procurement.
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