Explanation:
The procurement management plan describes how the project management team will acquire goods and services from outside the performing organization. It describes how the procurement processes will be used from developing procurement documents
through closing contracts.

Explanation:
Configuration management is an integral part of the perform integrated change control process. It is necessary because projects by their nature involve changes. The integrity of baselines must be maintained by releasing only approved changes for incorporation
into the project’s products or services and by maintaining their related configuration and planning documentation.

Explanation:
In this situation, there is a $10,000 overrun from the target costs. Applying the 80/20 share ratio, the seller’s share of the overrun is 20% of $10,000 or a minus $2,000 in earned fee. The final value of this procurement is $110,000 in costs, plus a seller fee of
$10,000 less $2,000, or $8,000 for a final price of $118,000.

Explanation:
In quality assurance an affinity diagram is used to generate ideas that can be linked to form organized patterns of thought about a problem. Using them in project management, one can enhance the creation of the WBS by using it to give structure to the
decomposition of scope.

Explanation:
Continuous process improvement provides an iterative means for improving the quality of all processes and is part of the definition of quality assurance. Its objective is to reduce waste and eliminate non-value-added activities.

Explanation:
Observations are a tool and technique in the collect requirements process. They provide a way to view individuals in their environment and to see how they perform their jobs or tasks and carry out processes. Another term for this approach is job shadowing and
usually is done by an observer viewing the user performing his or her job.

Explanation:
The scope, schedule, and cost baselines may be combined into a performance measurement baseline. It also may include technical and quality parameters. It then is used as an overall project baseline against which project execution is compared to measure and
manage performance. It also is used for earned value measurements.

Explanation:
Expert power is a function of knowledge, skills, and reputation possessed by the project manager.
In such situations, project personnel will do what the project manager wants because they believe he or she knows best, and they trust and respect the project manager.

Explanation:
The purpose of control procurements is to ensure that the contractual requirements are met by the seller. This objective is accomplished by managing procurement relationships, monitoring contract performance and making changes and corrections to contracts if
appropriate.

Explanation:
Organizational process assets include formal and informal plans, policies, procedures, and guidelines. As an input to the develop project management plan process, they include the items listed as well as standardized guidelines, instructions, proposal evaluation
criteria, and performance measurement criteria; project management plan template; change control procedures; project files from previous projects; and historical information and lessons learned.