Certificate PMP Exam Prep (Tips & Tricks) Flashcards on 10. Procurement Management (Rita's), created by Tuan Lam on 12/22/2015.
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Created by Tuan Lam
over 8 years ago
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Contract?
Agreement
Sellers provide solutions or augment your project team with additional resources?
Should procurement requirements documented in contract?
What if a procurement requirement is not in contract?
What is one important benefit of contract in project management?
Should the PM be included in the bidding and proposal process?
The 3 broad categories of contracts?
How project control is different in a procurement environment?
Can there be multiple procurement closures in a project?
Procurement closure vs Project closure
Primary usage of incentive in contract is?
Can you halt payments while in a contract?
On a CR contract, should you change contract to request more audits when you found out a few overcharges made?
The primary objective of contract negotiations is to...?
What can a seller do with a contract?
What can't a seller do with a contract?
What are needed to form a contract?
When does procurement negotiation occur?
Contract that limit fees for large projects with limited scope definitions?
What PM does if seller does not perform contract terms?
