nerdexam
CompTIA

PK0-005 · Question #24

Which of the following would be the NEXT document a project manager should update once the need to procure goods and/or services is identified?

The correct answer is C. Statement of work. Once the need to procure goods and/or services is identified, the next document a project manager should update is the Statement of Work (SOW). The SOW is a formal document that defines the project's specific deliverables, requirements, and timeline, and it serves as a guide…

Project Management Concepts

Question

Which of the following would be the NEXT document a project manager should update once the need to procure goods and/or services is identified?

Options

  • AMemorandum of understanding
  • BRequest for information
  • CStatement of work
  • DNon-disclosure agreement

How the community answered

(32 responses)
  • A
    3% (1)
  • B
    6% (2)
  • C
    81% (26)
  • D
    9% (3)

Explanation

Once the need to procure goods and/or services is identified, the next document a project manager should update is the Statement of Work (SOW). The SOW is a formal document that defines the project's specific deliverables, requirements, and timeline, and it serves as a guide for the supplier or vendor during the procurement process. The SOW helps to establish a clear understanding between the project team and the supplier/vendor regarding the scope and expectations of the goods/services to be procured.

Topics

#Project Procurement#Statement of Work (SOW)#Procurement Planning#Project Documents

Community Discussion

No community discussion yet for this question.

Full PK0-005 Practice