1. Project Managers need to have an understanding of Project Procurement Managem

Question

1.     Project Managers need to have an understanding of Project Procurement Management because the ________.

A.    Project Manager procures the products, services, or results required by the project.

B.    Project Manager must ensure that products, services, or results are procured at the lowest possible cost.

C.    Project Manager is responsible for defining the needs of the project and for managing the schedule activities of the procurement professional who is a part of the project team.

D.    Project Manager is responsible for the creation of the procurement management plan, which is then turned over to the buyer, who then initiates the Request Seller Responses.

Explanation / Answer

C.    Project Manager is responsible for defining the needs of the project and for managing the schedule activities of the procurement professional who is a part of the project team.

As a procurement professional is a part of the project team, the project manager becomes responsible for defining needs and requirements of the project. As a consequence a project manager needs to have a sound understanding of the project procurement management.

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