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Exam PMP topic 1 question 695 discussion

Actual exam question from PMI's PMP
Question #: 695
Topic #: 1
[All PMP Questions]

Contract terms used during the tender phase for a new power-generation facility must be revised before signing with the successful bidder because the terms of the tender have been amended to accommodate the new financial regulations on company tax.

Which approach should the project manager take to implement this amendment?

  • A. Sign the contract as per the original terms but allow the successful bidder to submit a new contract price.
  • B. Discuss the new terms with the successful bidder to assess its impact on the contract price.
  • C. Retender the entire scope because the terms of the contract have changed significantly.
  • D. Amend the contract terms and sign a revised contract with the successful bidder.
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Suggested Answer: B 🗳️

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Only12go
7 months ago
Selected Answer: B
B. Encourage the team to collaborate to resolve their understanding of the feature. This is a sound approach in agile. When there's a disagreement or confusion, the team should collaborate and come to a mutual understanding.
upvoted 2 times
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victory108
7 months, 4 weeks ago
Selected Answer: D
D. Amend the contract terms and sign a revised contract with the successful bidder
upvoted 1 times
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SteAle
10 months ago
Selected Answer: B
B. Discuss the new terms with the successful bidder to assess its impact on the contract price.
upvoted 2 times
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Hung3102
1 year, 1 month ago
B is ans
upvoted 4 times
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JYKL88
1 year, 1 month ago
D is my answer
upvoted 2 times
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C (25%)
B (20%)
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