Practice Quiz

PMI PMP Project Manager Certification

Category - Procurement Management

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When procurement documents are prepared with care, what is the least typical result?
  1. It’s easy to compare documents from various sellers
  2. It typically results in the buyer asking for more clarification on pricing
  3. It lessens the necessity for change requests
  4. The buyer can make a quick decision
  5. All of the above
Explanation
Answer: b - If procurement documents are prepared with care, there should be no need to ask for further clarification with respect to pricing.

When procurement documents are prepared with great care, buyers often can easily compare them, there is less of a need to make changes in the project later on, and the buyer often can make a fairly fast decision.

Key Take Away: The care with which a vendor prepares its procurement documents is often a good indicator of how they will perform on the job. Take heed! The scope and pricing sections are generally the ones vendors are focused on (I wonder why…), so these are good areas to inspect to gauge the overall quality of the RFP.
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