PMP Knowledge Area: Procurement Management: Quiz-1

Question 1:

Which of the following is NOT a key output of the procurement management process?





Question 2:

What is the purpose of a source selection criteria in procurement management?





Question 3:

What is the primary purpose of conducting a bidder conference in procurement management?





Question 4:

What is the purpose of contract closure in procurement management?





Question 5:

What is a fixed-price contract in procurement management?