CAPM (Certified Associate in Project Management) Practice Exam

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What is the purpose of a bidder conference?

  1. To sign the final contract

  2. To introduce the winning bidder

  3. To answer questions about the scope of work and clarify requirements

  4. To have a social gathering among bidders

The correct answer is: To answer questions about the scope of work and clarify requirements

The purpose of a bidder conference is to answer questions about the scope of work and clarify requirements. This conference allows potential bidders to obtain essential information to prepare their bids accurately. Option A is incorrect because the final contract is typically signed after the bidding process is completed. Option B is incorrect as the winning bidder is usually announced after the bids have been evaluated. Option D is incorrect as the bidder conference is a formal meeting aimed at discussing project details and not a social gathering.

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