PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconProcurement Management

The project manager wants to know whether the Statement of Work (SOW) was adequate in its description and whether the seller understood and fully responded to it. In order to get this information, the project manager requests his experts to prepare an independent (or in-house) estimate for his contract. He also wants to check whether the seller's response and proposed pricing are reasonable. Which of the following best describes what the project manager is doing?