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During which process does the project team receive bids and proposals?
Correct Answer: A
Explanation/Reference: Explanation: Process: 12.2 Conduct Procurements Definition: The process of obtaining seller responses, selecting a seller, and awarding a contract. Key Benefit: The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements. Inputs 1. Procurement management plan 2. Procurement documents 3. Source selection criteria 4. Seller proposals 5. Project documents 6. Make-or-buy decisions 7. Procurement statement of work 8. Organizational process assets Tools & Techniques 1. Bidder conference 2. Proposal evaluation techniques 3. Independent estimates 4. Expert judgment 5. Advertising 6. Analytical techniques 7. Procurement negotiations Outputs 1. .Selected sellers 2. .Agreements 3. .Resource calendars 4. .Change requests 5. .Project management plan updates 6. .Project documents updates