4. Project Procurement Management ________ (select ONE). A. Describes the proces

Question

4. Project Procurement Management ________ (select ONE).

A. Describes the processes required to procure products, services, or results from outside the performing organization.

B. Involves processes to ensure that the project procures products, services, or results at the lowest possible cost.

C. Includes the processes to procure products, services, or results, but does not include the ongoing performance management of the selected seller(s).

D. Is not used by the seller of the product, service, or results under a contract.

Explanation / Answer

A option is correct.

Project Procurement Management Describes the processes required to procure products, services, or results from outside the performing organization.

Project procurement management deals with processes that are required for obtaining products and services from an outside organization. It deals with procurring from outside and not generating capacities internally.

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