________ is a knowledge area that concerns the creation of contracts with outside vendors for services,materials,and outsourcing of functions.
A)Communications management
B)Procurement management
C)Project integration
D)Quality management

Question

Quizplus · Accepted Answer

Procurement management is the knowledge area that deals with the acquisition of goods and services from outside vendors. This includes creating contracts, selecting vendors, managing vendor relationships, and ensuring that goods and services meet project requirements. Communications management, project integration, and quality management are other knowledge areas within project management, but they do not specifically deal with procurement and contracting with outside vendors.

________ Is a Knowledge Area That Concerns the Creation of Contracts