Monica develops a monitoring and evaluation plan for tracking progress during the procurement of construction services for the construction project she’s managing. Which portion of the procurement strategy is Monica focused on during this time?
A: Procurement phases
B: Contract payment types
C: Delivery methods
D: Bid documents
Knowledge Area:
Plan Procurement Management
Source: ThorTeaches.com PMP practice tests
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A:
The procurement strategy can also include information on procurement phases. Information may include:
-sequencing or phasing of the procurement, a description of each phase and the specific objectives of each phase;
-procurement performance indicators and milestones to be used in monitoring;
-criteria for moving from phase to phase;
-monitoring and evaluation plan for tracking progress; and
-process for knowledge transfer for use in subsequent phases.
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