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Exam PK0-005 topic 1 question 60 discussion

Actual exam question from CompTIA's PK0-005
Question #: 60
Topic #: 1
[All PK0-005 Questions]

Which of the following would be the NEXT document a project manager should update once the need to procure goods and/or services is identified?

  • A. Memorandum of understanding
  • B. Request for information
  • C. Statement of work
  • D. Non-disclosure agreement
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Suggested Answer: C 🗳️

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ajjrp18
Highly Voted 1 year, 5 months ago
Selected Answer: C
C. Statement of work Once the need to procure goods and/or services is identified, the next document a project manager should update is the Statement of Work (SOW). The SOW is a formal document that defines the project's specific deliverables, requirements, and timeline, and it serves as a guide for the supplier or vendor during the procurement process. The SOW helps to establish a clear understanding between the project team and the supplier/vendor regarding the scope and expectations of the goods/services to be procured.
upvoted 6 times
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stinkle
Most Recent 2 weeks, 2 days ago
Selected Answer: C
I initially thought B. But after some research, RFI comes after the SOW is created in order to request more information based on the specific needs outlined in the SOW. Understand the procurement process
upvoted 1 times
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ElusiveSky
3 months, 2 weeks ago
Selected Answer: C
You don't request for information after making a choice.
upvoted 1 times
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TheFai
6 months, 3 weeks ago
Selected Answer: C
They'd make a SOW outlining what they need.
upvoted 2 times
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ArmorIT
10 months, 2 weeks ago
Selected Answer: B
Resource Procurement Methods After identifying the needed resources, you must procure them for your project. Creating a new resource requires the consumption of resources. Assets are created using either your resources or somebody else’s. Exploratory Documents During the procurement process, the procurement specialist creates structured questionnaires that request information about potential solutions to a project’s problem. Then, they send the requests to vendors, who describe their products, services, strategies, and pricing. These exploratory procurement documents can help you select the right solution and vendor for your project. Direct information from Comptia Project + Online Study material
upvoted 4 times
ArmorIT
10 months, 2 weeks ago
Request for Information A request for information (RFI) is used to learn more about solutions before initiating the solicitation process. A vendor responds to an RFI with more information about their products or services. This is the order the information is presented
upvoted 1 times
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JohnLarsen
1 year, 1 month ago
Selected Answer: C
Once the need to procure goods and/or services is identified, the next document that a project manager should focus on updating is typically the "Statement of Work" (SOW) (Option C). The Statement of Work is a critical procurement document that describes the specifics of the work to be done or the goods/services to be provided. It usually includes details such as scope, quality, performance criteria, payment terms, and other contractual conditions. It serves as a guide for what the project expects from the vendor and what the vendor is expected to deliver.
upvoted 2 times
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sheilawu
1 year, 2 months ago
Selected Answer: C
I go with C, in my working experience,when we receive the RFI, we only analysis the amount and account of materials with logistic dep & sales dep, only once the contract deals we started praparing path of procurement and make the quotation.
upvoted 1 times
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Dar87
1 year, 2 months ago
Selected Answer: C
I also, initially thought that it was RFI, but looking in the Comia project book on page 275. It states that if you’re working with vendors to perform some or all the work of the project is critical, that they know exactly what you were asking them to do the state of work details of goods or services you want to procure in many respects it’s to the project, scope statement, except that it focuses on the word being procured contains the project description major deliverables criteria, assumptions and constraint project. Scope statement is a good starting point for the document of statement of work.
upvoted 1 times
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dhamm
1 year, 3 months ago
Selected Answer: B
A request for information (RFI) is a document that is sent to potential vendors to gather information about their products or services. The RFI will typically include information about the project scope, deliverables, and timeline. Once the need to procure goods and/or services is identified, the project manager should update the RFI to reflect the specific requirements of the project. This will help the project manager to identify the best vendors for the project and to get the best possible price.
upvoted 1 times
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