Procurement Management in Construction Projects

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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?

Legal knowledge and negotiation skills Signup and view all the answers

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

Project scope Signup and view all the answers

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

Project execution plan Signup and view all the answers

What specific skills are required for effectively managing procurements?

Legal knowledge, negotiation skills, and procurement process understanding Signup and view all the answers

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

To ensure fairness, transparency, and ethical conduct Signup and view all the answers

What is the primary purpose of procurement?

To obtain goods and services through a formal process Signup and view all the answers

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

Scope of the project Signup and view all the answers

What is the primary focus of procurement management?

Obtaining goods and services Signup and view all the answers

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

To justify the use of public funds Signup and view all the answers

What specific knowledge is essential for managing procurements?

Legal knowledge Signup and view all the answers

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

Change requests Signup and view all the answers

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

Scope of work Signup and view all the answers

Procurement Management in Construction Projects

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Questions and Answers

What is the main purpose of procurement?

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

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

What skills are required for managing procurements?

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

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

What specific skills are required for effectively managing procurements?

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

What is the primary purpose of procurement?

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

What is the primary focus of procurement management?

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

What specific knowledge is essential for managing procurements?

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

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

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