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    PracticePMI PMP®PMI PMP Practice Exam 5Question 62
    Hard1 markMultiple Choice
    Task 11: Plan and manage procurementprocurement strategyrequirements definitioncontract selectionvendor management

    PMP · Question 62 · Task 11: Plan and manage procurement

    A project manager is developing a procurement strategy for a critical system integration project. The organization needs a vendor who can provide both technical expertise and ongoing support, but also wants to maintain some control over the development process. The project has aggressive timelines and quality requirements. What should the project manager do FIRST when developing the procurement approach?

    Answer options:

    A.

    Define the specific technical requirements, support needs, and control requirements before determining contract type

    B.

    Select a time-and-materials contract to maintain maximum flexibility and control

    C.

    Choose a fixed-price contract to ensure cost predictability for the aggressive timeline

    D.

    Request proposals from multiple vendors to compare their technical capabilities and pricing

    How to approach this question

    In procurement strategy development, define specific requirements first to enable appropriate contract type selection and vendor evaluation criteria.

    Full Answer

    A.Define the specific technical requirements, support needs, and control requirements before determining contract type✓ Correct
    A
    Effective procurement strategy starts with clearly defining technical requirements, support needs, and control requirements. This enables selection of appropriate contract types and evaluation criteria.

    Common mistakes

    Students often choose contract types (B or C) or vendor requests (D) without first defining the specific requirements that should drive procurement decisions.
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