Which process involves obtaining bids or proposals from sellers and selecting a supplier?

Prepare for the Landini Certified Associate in Project Management (CAPM) Test. Review flashcards, tackle multiple choice questions, and gain insights with hints and explanations. Ensure you're ready for your examination success!

Multiple Choice

Which process involves obtaining bids or proposals from sellers and selecting a supplier?

Explanation:
This item tests understanding of which project procurement management process involves inviting seller bids or proposals and choosing who to hire. In PMI terms, Plan Procurements is about defining what to procure and how to approach contracts, not about engaging with sellers. Conduct Procurements is the phase where you solicit responses, evaluate bids or proposals against criteria, select a supplier, and negotiate and award the contract. This matches the described activity of obtaining bids or proposals and selecting a supplier. Close Procurements focuses on finalizing and closing contracts, while Control Procurements is about managing contract performance and relationships during execution.

This item tests understanding of which project procurement management process involves inviting seller bids or proposals and choosing who to hire. In PMI terms, Plan Procurements is about defining what to procure and how to approach contracts, not about engaging with sellers. Conduct Procurements is the phase where you solicit responses, evaluate bids or proposals against criteria, select a supplier, and negotiate and award the contract. This matches the described activity of obtaining bids or proposals and selecting a supplier. Close Procurements focuses on finalizing and closing contracts, while Control Procurements is about managing contract performance and relationships during execution.

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