Administer Procurements is part of which Process Group?
A.
Planning
B.
Executing
C.
Monitoring and Controlling
D.
Closing
The Answer Is:
C
This question includes an explanation.
Explanation:
According to the PMBOK® Guide, Administer Procurements (referred to as Control Procurements in the 5th, 6th, and 7th editions) is the process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate.
Process Group Alignment: This process is part of the Monitoring and Controlling Process Group. Its primary focus is ensuring that both the seller’s and the buyer’s performance meets the procurement requirements according to the terms of the legal agreement.
Key Activities:
Reviewing and documenting how a seller is performing (Performance Reviews).
Managing contract-related changes.
Monitoring payments to the seller.
Ensuring that all terms and conditions of the contract are being met by both parties.
Integration: While the work is being " executed " by the vendor, the project management team must " control " the interface to ensure the deliverables meet the project ' s quality and scope standards.
Analysis of Other Options:
A. Planning: The planning process for procurements is called Plan Procurement Management. This is where you decide what to buy and how to buy it.
B. Executing: The executing process for procurements is called Conduct Procurements. This is where you obtain seller responses, select a seller, and award a contract.
D. Closing: The closing process for procurements is called Close Procurements. This is where the contract is formally completed and settled. While Administer Procurements provides the data for closure, it is categorized as a controlling function.
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