Project Management Professional (PMP) Practice Exam

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Study for the Project Management Professional (PMP) exam. Study with flashcards and multiple choice questions. With over 500 questions. Practice the PMP practice multiple choice questions. Updated for 2023-2025. Get ready for your exam!

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What do you expect when you are submitting an invitation for bid to sellers?

  1. Offers which will differ significantly in solution approach and price.

  2. Offers which are similar enough to allow a selection based on price.

  3. Offers which are not primarily written to win against competition.

  4. General information on a seller’s ability to provide the goods or services.

The correct answer is: Offers which are similar enough to allow a selection based on price.

When submitting an invitation for bid to sellers, you are expecting offers which are similar enough to allow a selection based on price. This means that you are looking for offers that are close enough in price so that you can accurately compare and choose the best option based on price. Option A is incorrect because it mentions significant differences in solution approach and price, meaning the offers would not be comparable. Option C is incorrect because it mentions offers not written to win against competition, which would not necessarily guarantee the best price. Option D is incorrect because it mentions general information on a seller's ability to provide goods or services, which may not necessarily be related to their pricing. Therefore, option B is the most accurate and appropriate choice.