Which is a major component of an agreement?
Which is a major component of an agreement?
A major component of an agreement is the procurement management plan. This plan outlines how an organization will acquire the necessary goods and services from external sources, defining the procurement processes, roles and responsibilities, procurement timelines, and necessary documentation. It is essential for managing contracts and agreements with vendors or suppliers effectively, while other options like change request handling, risk register templates, and lessons learned register are tools and processes related to the broader project management framework.
A P489 2nd to the last
D-Procurement Management Plan
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
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
(A) Change request handling pg 489