Question: In the procurement process, the seller may be viewed initially as a bidder, then as the selected source, and then as the contracted supplier. The

In the procurement process, the seller may be viewed initially as a bidder, then as the selected source, and then as the contracted supplier.

The seller will typically manage the work as a project. In such an instance, which of the following is not true?

The buyer becomes the customer and is then a key project stakeholder for the seller.

Terms and conditions of the contract become key inputs to many of the seller’s management processes (ex: major deliverables, key milestones, cost objectives).

There need not be a contractual relationship between the buyer and the seller.

The seller’s project management team is concerned with all the processes of project management and not just procurement management.

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