These questions are randomly taken from TechFaq360 PMP success kit
Question - 7
Procurements audits is done in _______ .
1.Plan Procurements
2.Conduct Procurements
3.Administer Procurements
4.Close Procurements
Correct Answers are : 4
Explanation :
D is the correct answer.
Procurements audits are done in Close Procurements. PMBOK page no 345.
Question - 20
You are the project manager and created a contract for your customer. The contract must have the___________.
1.Offer and consideration
2.Start date and acceptance of the start date
3.Signatures and the stamp of a public notary
4.All of the above
Correct Answers are : 1
Explanation :
A is the correct answer.
A contract must have the offer and consideration. Not all contracts demand signatures of public notary. Contract may specify a start date, but the acceptance of the start date is not needed for all contracts.
Question - 22
You are the project manager and decided to outsource a part of the project to a vendor. The vendor discovered some issues that impact the cost and schedule of its work. How does the vendor update the agreement?
1.A new contract to be signed by your company and the vendor
2.A contract addendum signed by your company and the vendor
3.An SOW signed by you and the vendor
4.None
Correct Answers are : 1
Explanation :
A is the correct answer.
A contract addendum signed by your company and the vendor. No need for new contract.
1600+ PMP Questions Fourth(4th) Edition
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