Project Management Professional (PMP) Exam Practice – Question1873

Working in the systems integration field, you are primarily responsible for coordinating the work of numerous subcontractors. Your current project is coming to an end. You have 15 major subcontractors as well as a variety of other sellers. Now that you are closing
contracts (procurements), you should______________


A. Conduct a trend analysis
B. Use earned value to assess lessons learned
C. Ask each contractor to meet with you individually at its own expense
D. Conduct a procurement audit

Correct Answer: D

Explanation:

Explanation:
The procurement audit attempts to identify successes and failures relative to the procurement process especially in terms of the preparation or administration of other procurement contracts on the project or on other projects in the organization. Uncovering and
reporting both successes and failures can contribute to the project management knowledge base and improve the quality of project management services. A procurement audit should be conducted as part of the close procurements process.