Practice Quiz

CAPM Project Management Exam Prep

Category - CAPM

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Eric is heading an engineering project and is in the midst of deciding which type of contract statement of work he will use. Which type is not available to him?
  1. Performance
  2. Functional
  3. Design
  4. RFP
  5. All of the above
Explanation
Answer: RFP is not a contract statement of work type; what it stands for is Request for Proposal.

Performance, function and design are all types of contract statement of work types that Eric may choose from.

Key Take Away: Options abound in procurement management. If you feel this area is not your strongest, you are NOT alone. Ask for help when needed. It’s better to seek counsel than to put your project on the line, and for your company to pay through the nose unnecessarily.
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