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A. The procurement management plan defines the statement of work which contains the details of the procurement item/ service in specific terms
B. The procurement management plan is an output of the plan Contracting process
C. None of the statements are true
D. The procurement management plan explains how multiples vendors should be managed
Statement A,B and D are true as procurement management plan consist of item description, type of contract, risk associated, standerdized procurement template, managing multiple supplier, determining cost, contract approval and decision making, vendor management, performance metrics, contract deadline etc.
all of above , process of identify all procurement process and negotiation with sellers
statements A & B are true which defines the procurement framework for a certain project.
Option-A very closely defines the procurement plan. Procurement plan withiin specific terms shall have delivery period and also the cost.
Yes, option A, option B and option D.
The most suitable option is
D. The procurement management plan explains how multiples vendors should be managed
