Multiple Choice
Which of the following statement is true in the case of procurement from equipment vendors?
A) The lowest bid will win the contract.
B) The lowest bid may not win the contract.
C) The most innovative concept, irrespective of cost, wins the contract.
D) Suppliers who quote higher prices do not win contracts.
E) Suppliers who meet the project schedule will win the contract.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: With reference to the technology familiarity, which
Q21: If the technology used in a project
Q22: In commodity procurement, the key to success
Q23: The organizational approach to a project is
Q24: When the project manager and team members
Q26: Explain the various types of project procurement
Q27: Planning activities occur during the entire life
Q28: Explain the initiation phase of a project.
Q29: Which of the following statements is true
Q30: Identifying and acquiring the project management infrastructure