CAPM (Certified Associate in Project Management) Practice Exam

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What kind of reviews are procurement performance reviews?

  1. Security reviews

  2. Financial reviews

  3. Vendor's progress reviews

  4. Internal process reviews

The correct answer is: Vendor's progress reviews

Procurement performance reviews are specifically focused on evaluating the progress and performance of vendors involved in a project. These reviews assess how well vendors are meeting their obligations, achieving milestones, and delivering on the terms outlined in the procurement agreements. This helps project managers ensure that vendors are meeting the project's requirements and expectations. Other options such as security reviews, financial reviews, and internal process reviews do not directly relate to the evaluation of vendor performance in the procurement process.