Multiple Choice
The purpose of contract negotiation is to (circle all that apply) :
A) clarify technical terms of the contract
B) reach agreement on time, cost, and performance requirements
C) convince the user that the project has been completed
D) reach a contract agreement to the best advantage of the parties involved
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Multiple sourcing means<br>A) multiple qualified bidders will
Q13: Procurement management addresses everything associated with (circle
Q14: Contract administration is responsible for<br>A) determining which
Q15: With a Firm Fixed Price Contract (FFP)<br>A)
Q16: Which of the following contracts is most
Q18: Procurement management can involve which if the
Q19: During the negotiation process, the project manager<br>A)
Q20: Statement: With a Cost Plus Incentive Fee
Q21: Statement: Major areas of work that must
Q22: Statement: Procurement management involves selection of the