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2. A project team is identifying risks for a building construction project. The project will contract with
several different vendors to produce the highly specialized deliverables of the project. Acquiring
services from outside the organization may increase or decrease overall project risk and may
introduce additional individual project risks. What should the project team review in order to
develop a comprehensive list of individual project risks related to goods and services provided
from outside the organization?
A. Project charter
B. Procurement documentation
C. Vendor risk register
D. Probability and impact matrix
HINT: What documentation would serve as an input to the Identify Risks process and provide
relevant procurement information?
QUESTION:
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4. The correct answer is B
Based on the scenario described, the project team is carrying out the Identify Risks
process. One input to the Identify Risks process is procurement documentation. The initial
procurement documentation should be reviewed as procuring good and services from
outside the organization may increase or decrease overall project risk and may introduce
additional individual project risks. Procurement documentation may include the
statement of work, payment information, contractor work performance information, plans,
drawings, and other correspondence.
ANSWER: