Certified Associate in Project Management (CAPM) — Question 332
Which is the order of steps in the Procurement Management process?
Answer options
- A. Identifying and planning procurement requirements, obtaining quotes or proposals, negotiating with vendors, contracting with selected vendors, and controlling procurements.
- B. Identifying and planning procurement requirements, negotiating with vendors, contracting with selected vendors, obtaining quotes or proposals, and controlling procurements.
- C. Controlling procurements, identifying and planning procurement requirements, obtaining quotes or proposals, negotiating with vendors, and contracting with selected vendors.
- D. Obtaining quotes or proposals, identifying and planning procurement requirements, negotiating with vendors, contracting with selected vendors, and controlling procurements.
Correct answer: A
Explanation
The correct answer is A as it outlines the Procurement Management process in the proper order, starting with identifying needs and ending with controlling procurements. Options B and C incorrectly rearrange the steps, disrupting the logical flow necessary for effective procurement. Option D also misplaces the sequence, starting with obtaining quotes instead of planning requirements first.