CAPM Practice Exam 2025 – All-in-One Guide to Master Your Certified Associate in Project Management Exam!

Question: 1 / 885

What is the purpose of a procurement audit?

To settle claims and disputes

To conduct a structured review of the procurement process

A procurement audit serves the purpose of conducting a structured review of the procurement process in order to identify any issues or areas for improvement. This option is correct because it aligns with the definition and purpose of a procurement audit. Options A, C, and D are incorrect because they do not accurately describe the purpose of a procurement audit. Option A, settling claims and disputes, is a more specific task that may be included as part of a procurement audit but not the main purpose. Option C, updating the project management plan, is a task that may be necessary as a result of the procurement audit but is not the main purpose. Option D, closing out procurements, is a task that occurs after the procurement process is completed and is not the main purpose of the audit.

Get further explanation with Examzify DeepDiveBeta

To update the project management plan

To close out procurements

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy