PMI Scheduling Professional Certification (PMI-SP) Practice Exam

What does the procurement process 'Control Procurements' aim to achieve?

1. Close contracts with sellers

2. Manage ongoing procurement relationships

3. Assess risks in procurement practices

4. Initiate new procurement proposals

The correct answer is: Manage ongoing procurement relationships

The 'Control Procurements' process primarily aims to manage ongoing procurement relationships. This process is integral to ensuring that all contracts and agreements with suppliers are aligned with the project's objectives and requirements. It focuses on monitoring contract performance, ensuring compliance with the terms agreed upon, and making any necessary adjustments to maintain project momentum and accountability. In practice, this involves tracking the deliverables from sellers, validating whether they meet the specified standards, and ensuring that payments and actions are appropriately aligned with the performance of the sellers. Additionally, effective management of supplier relationships through this process can lead to improved collaboration, enhanced communication, and a better understanding of expectations between the project team and the suppliers. While other processes like closing contracts, assessing risks, or initiating new procurements are important parts of procurement management, they fall outside the primary scope of 'Control Procurements.' This process is specifically focused on the ongoing relationships and the continuous oversight of procurement activities that are crucial for project success.