CAPM (Certified Associate in Project Management) Practice Exam

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What is the role of proposal evaluation techniques in procurement?

  1. To manage project schedule

  2. To evaluate seller proposals

  3. To develop project team

  4. To create a budget forecast

The correct answer is: To evaluate seller proposals

Proposal evaluation techniques in procurement play a crucial role in assessing and comparing seller proposals to determine the best fit for a project. By utilizing these techniques, project managers can evaluate various aspects such as price, quality, suitability, and compliance with requirements among different proposals submitted by potential sellers. This process aids in selecting the most suitable vendor or supplier, ultimately contributing to the successful execution of the project. The other options are not directly related to the role of proposal evaluation techniques in procurement.