Exam CAPM topic 1 question 46 discussion

A P489 2nd to the last

A major component of an agreement is the **Procurement Management Plan**. - **Procurement Management Plan**: This plan outlines how the procurement processes will be managed from developing procurement documentation through contract closure. It includes details on how procurement will be planned, executed, and controlled. It is essential for ensuring that all procurement activities are aligned with the project's objectives and requirements. In summary, the Procurement Management Plan is a critical element of an agreement as it ensures that all procurement activities are systematically managed and aligned with the project's goals. This helps in maintaining clarity and consistency throughout the procurement process.

Pag 489

Chap. 12, pg. 489

When establishing agreements or contracts within a project, the handling of change requests is a crucial element. It defines the process, terms, and conditions under which changes to the project scope, deliverables, or other aspects can be proposed, evaluated, approved, and implemented.

Agreements typically involve provisions for managing changes to the original terms, conditions, or scope outlined in the agreement. Change request handling details the process for initiating, reviewing, approving, and implementing changes within the agreed-upon framework. This component ensures that any modifications to the agreement are properly managed and documented throughout the project lifecycle.

D 100%

SEE pg 526 12.2.3.2 Agreements - second to the last diamond point

I don't understand why A is the answer. Change request is not a component of Agreement, but it is its own separate output. 12.2.3.3 CHANGE REQUESTS

(A) Change request handling pg 489

D-Procurement Management Plan