You are the project manager at a large automaker in Japan. Your project involves designing the next generation 4-wheel drive Sport Utility vehicle for the Asian market. A new fuel efficient engine design is required as part of your project.
Unfortunately, your project team did not have the necessary expertise to design and manufacture a new fuel-efficient engine. Hence, your company plans has decided to subcontract all the engine designs to an outside manufacturer.
You are currently in the Contract Administration process. Which of the following statements is true regarding the Contract Administration process?
The tools/ techniques of Contract Administration include contract
A. negotiation, weighting systems and independent estimates.
Contract Administration is a Project Management Execution
B. process
Contract between the buyer and seller is created during the
C. Contract Administration process.
Contract Administration involves ensuring that the seller’s
D. performance meets the contractual obligations
Contract Administration involves preparing the documents
E. needed to support Request sellers Response.
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