Procurement Management in Construction Projects
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Questions and Answers

What is the main purpose of procurement?

  • To oversee project scope
  • To manage contracts
  • To enforce regulations
  • To obtain goods and services (correct)

Apart from contracts, what are the outputs of the procurement management process?

  • Procurement statement of work (SOW) (correct)
  • Financial audit report
  • Risk management plan
  • Quality assurance plan

Why do government entities have to comply with laws, rules, and regulations in the procurement process?

  • To avoid competition
  • To protect public funds (correct)
  • To facilitate negotiations
  • To speed up the process

What skills are required for managing procurements?

<p>Legal knowledge and negotiation skills (A)</p> Signup and view all the answers

What is analyzed to determine whether any work will be outsourced?

<p>Project scope (C)</p> Signup and view all the answers

Which of the following is NOT an output of the procurement management process?

<p>Project execution plan (A)</p> Signup and view all the answers

What specific skills are required for effectively managing procurements?

<p>Legal knowledge, negotiation skills, and procurement process understanding (A)</p> Signup and view all the answers

Why do government entities have to comply with laws, rules, and regulations in the procurement process?

<p>To ensure fairness, transparency, and ethical conduct (A)</p> Signup and view all the answers

What is the primary purpose of procurement?

<p>To obtain goods and services through a formal process (B)</p> Signup and view all the answers

When a project is planned, what is analyzed to determine whether work will be outsourced?

<p>Scope of the project (D)</p> Signup and view all the answers

What is the primary focus of procurement management?

<p>Obtaining goods and services (A)</p> Signup and view all the answers

Why do government entities have to comply with laws, rules, and regulations in the procurement process?

<p>To justify the use of public funds (A)</p> Signup and view all the answers

What specific knowledge is essential for managing procurements?

<p>Legal knowledge (D)</p> Signup and view all the answers

In addition to contracts, what are the outputs of the procurement management process?

<p>Change requests (B)</p> Signup and view all the answers

What is analyzed when determining whether work will be outsourced in a project?

<p>Scope of work (B)</p> Signup and view all the answers

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