PROJ 598 Week 3 Quiz | Assignment Help | Devry University

PROJ 598 Week 3 Quiz | Assignment Help | Devry University 

Question 1

 (TCO B) All of the below would be considered good selection criteria for a buyer to use to select a seller, except

Question 2

 (TCO A) According to the PMBOK® Guide, there are four processes in the procurement area. Describe and explain these four processes in the procurement management process for the buyer.

Question 3

 (TCO C) Compare and contrast a firm fixed-price contract with a time and materials contract. When would each be appropriate for a given project?

Question 4

 (TCO D) Compare and contrast an RFP, an IFB, and an RFI. When would each best be used in procuring goods or services?

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