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Questions and Answers
What is the primary purpose of procurement in project management?
What is the primary purpose of procurement in project management?
In which phase of the project management does the project manager identify the project needs and define the scope of work?
In which phase of the project management does the project manager identify the project needs and define the scope of work?
What is the main objective of procurement activities in the planning phase?
What is the main objective of procurement activities in the planning phase?
What is the primary focus of the initiating phase in project management?
What is the primary focus of the initiating phase in project management?
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What is the role of the project manager in the controlling phase?
What is the role of the project manager in the controlling phase?
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What is the primary responsibility of the project manager when dealing with external vendors or contractors?
What is the primary responsibility of the project manager when dealing with external vendors or contractors?
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What is the primary benefit of outsourcing in project management?
What is the primary benefit of outsourcing in project management?
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What is the main objective of procurement planning in project management?
What is the main objective of procurement planning in project management?
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What should the project manager do if there are significant changes or disputes that require it during the execution of the structured cabling activities?
What should the project manager do if there are significant changes or disputes that require it during the execution of the structured cabling activities?
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What is the responsibility of the vendor when performing the structured cabling activities?
What is the responsibility of the vendor when performing the structured cabling activities?
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What is the primary responsibility of the project manager in the planning phase?
What is the primary responsibility of the project manager in the planning phase?
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What should the project manager do if there are delays in the work during the execution of the structured cabling activities?
What should the project manager do if there are delays in the work during the execution of the structured cabling activities?
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What is the primary goal of the project manager when dealing with external vendors or contractors?
What is the primary goal of the project manager when dealing with external vendors or contractors?
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What should the project manager do during the planning and procurement phases of the project?
What should the project manager do during the planning and procurement phases of the project?
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What should the project manager verify when dealing with external vendors or contractors?
What should the project manager verify when dealing with external vendors or contractors?
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What is not a responsibility of the project manager when dealing with external vendors or contractors?
What is not a responsibility of the project manager when dealing with external vendors or contractors?
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In which phase of the project lifecycle does the project manager lead and direct the project team and other resources to complete the project work according to the plan?
In which phase of the project lifecycle does the project manager lead and direct the project team and other resources to complete the project work according to the plan?
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What is the primary focus of the procurement management process?
What is the primary focus of the procurement management process?
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During which phase of the project lifecycle does the project manager select vendors and sign contracts?
During which phase of the project lifecycle does the project manager select vendors and sign contracts?
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What is the main task of the controlling process in project management?
What is the main task of the controlling process in project management?
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Which of the following is NOT a procurement activity?
Which of the following is NOT a procurement activity?
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What is the purpose of stakeholder identification and assessment in the initiation phase?
What is the purpose of stakeholder identification and assessment in the initiation phase?
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Why did the project manager fail to prevent the issue with the building owner?
Why did the project manager fail to prevent the issue with the building owner?
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What is the primary benefit of identifying and assessing stakeholders in the initiation phase?
What is the primary benefit of identifying and assessing stakeholders in the initiation phase?
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Study Notes
Project Management
- Procurement involves acquiring goods and services from external sources to support project objectives.
- Procurement activities occur mainly in the planning phase of the project.
- In the planning phase, the project manager identifies project needs, defines the scope of work, evaluates potential vendors, and prepares procurement documents.
Project Phases
- Initiating phase: defines project purpose, objectives, and deliverables, and obtains project charter and stakeholder approval.
- Planning phase: involves procurement activities, such as identifying project needs, defining scope of work, evaluating vendors, and preparing procurement documents.
- Controlling phase: monitors and measures project performance, compares with baseline, and implements corrective actions if needed.
- Executing phase: leads and directs project team and resources to complete project work according to plan.
Stakeholder Management
- In the initiation phase, the project manager should identify and assess stakeholders, including their expectations and requirements.
- This helps prevent issues such as stakeholders blocking project progress due to unmet expectations.
Vendor Management
- The project manager is responsible for approving deliverables and monitoring the performance of outsourced activities.
- This ensures that quality standards, scope, schedule, and budget are met according to contract terms and the project plan.
- The project manager should communicate regularly with the vendor, providing feedback and guidance as needed.
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