Certified Associate In Project Management CAPM · Free Practice Question Easy

Question 20

What is the primary purpose of conducting procurement in project procurement management?
  • A To determine what goods or services are needed for the project and how they will be procured
  • B To plan procurement management activities for the project
  • C To administer and close procurement contracts
  • D To solicit and evaluate proposals from potential sellers
Reveal correct answer

Correct answer: D

Explanation

Conducting procurement is a significant process in project procurement management, which involves soliciting and evaluating proposals from potential sellers. This process helps to ensure that the project is able to obtain the goods or services it needs in the most efficient and cost-effective manner. During the procurement management process, the project manager will also plan procurement management activities for the project, determine what goods or services are needed and how they will be procured, and administer and close procurement contracts. Effective procurement management is critical to the success of the project and to achieving the project objectives. PMFCC80

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