Procurement Management
Procurement Dispute vs. Performance Issue: When Should the PM Involve the Contract?New!!
Learn how to distinguish a seller performance issue from a procurement dispute in PMP exam scenarios. Discover when collaboration and corrective action are appropriate—and when contractual obligations, authority, rights, or remedies require formal procurement involvement.
Make-or-Buy Decision: What Is the PMP Scenario Really Asking?New!!
Internal capability or external procurement? A project needs a product, service, or capability. Should the organization: At first glance, this may look like a cost question. It is broader than that. A make-or-buy decision is really about: A useful Project Reasoning Lab principle is: Make-or-buy asks where the work should live — inside the organization, […]
Make-or-Buy Decision: What Is the PMP Scenario Really Asking?
Make-or-Buy Decision: What Is the PMP Scenario Really Asking? A project needs a product, service, or capability. Should the organization: At first glance, this can look like a cost question. It is broader than that. A make-or-buy decision is really about: A useful Project Reasoning Lab principle is: Make-or-buy asks where the work should live […]
Contract Change vs. Scope Change: What Happens First?
Learn how to distinguish a project scope change from a contract change in PMP exam scenarios. Understand when to assess project and seller impacts, when contractual modification may be required, who has authority to approve each change, and what should happen before changed seller work begins.
Fixed-Price vs. Cost-Reimbursable vs. Time-and-Materials: How PMP Scenarios Test Contract Choice
Learn how to choose between fixed-price, cost-reimbursable, and time-and-materials contracts in PMP exam scenarios. Understand how scope certainty, cost uncertainty, flexibility, and risk allocation determine which contract structure best fits the situation.
Seller Delay vs. Contract Performance Problem: What Should the Project Manager Do?
A seller misses a delivery date. Is that automatically a contract-performance failure? Not necessarily. A late delivery may result from: That is why procurement scenarios on the PMP® exam can be deceptively difficult. The visible symptom may be: “The seller is late.” But the better question is: What was actually required, who controlled the cause, […]