QuestionQ357

Project Management Concepts

A project manager is meeting with a vendor that has finished the project work. All project-related invoices have been paid. Which of the following best describes the project manager’s objective for the vendor meeting?

  • A Reassigning resources
  • B Removing access
  • C Closing contracts
  • D Evaluating the project
Explanation

Once a vendor has completed the contracted work and all invoices have been paid, the procurement must be formally finalized through contract closure. This confirms that contractual obligations are complete and documents the agreement’s closeout.

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