Which element is created during Plan Procurement Management?

Study for the Landini Certified Associate in Project Management Exam. Prepare with interactive flashcards and in-depth multiple-choice questions. Each question includes hints and answers. Ace your CAPM exam!

Multiple Choice

Which element is created during Plan Procurement Management?

Explanation:
Planning procurement management involves deciding which parts of the project will be bought from outside the organization and how those purchases will be managed. The element created in this process is the procurement statements of work and contracting approaches. The statement of work provides a clear, detailed description of the external work to be done, including deliverables, requirements, performance criteria, constraints, and how success will be measured. The contracting approaches outline the type of contract and the overall procurement strategy, including supplier selection methods and the form of procurement to use. Acceptance criteria for project deliverables belong to defining and validating scope and quality, not specifically to planning procurement. The quality management plan is developed in Plan Quality Management, and the risk register is produced in Plan Risk Management.

Planning procurement management involves deciding which parts of the project will be bought from outside the organization and how those purchases will be managed. The element created in this process is the procurement statements of work and contracting approaches. The statement of work provides a clear, detailed description of the external work to be done, including deliverables, requirements, performance criteria, constraints, and how success will be measured. The contracting approaches outline the type of contract and the overall procurement strategy, including supplier selection methods and the form of procurement to use.

Acceptance criteria for project deliverables belong to defining and validating scope and quality, not specifically to planning procurement. The quality management plan is developed in Plan Quality Management, and the risk register is produced in Plan Risk Management.

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