Tìm hiểu về Agreements trong đề thi PMP


Agreementsoutput của quy trình Conduct procurements, thuộc mảng kiến thức Project procurement management.


A procurement agreement includes terms and conditions, and may incorporate other items that the buyer specifies regarding what the seller is to perform or provide. It is the project management team’s responsibility to make certain that all agreements meet the specific needs of the project while adhering to organizational procurement policies. Depending upon the application area, an agreement can also be called an understanding, a contract, a subcontract, or a purchase order. Regardless of the document’s complexity, a contract is a mutually binding legal agreement that obligates the seller to provide the specified products, services, or results, and obligates the buyer to compensate the seller. A contract is a legal relationship subject to remedy in the courts.


The major components in an agreement document will vary, but may include the following:

  • Statement of work or deliverables,
  •  Schedule baseline,
  •  Performance reporting,
  •  Period of performance,
  •  Roles and responsibilities,
  •  Seller’s place of performance,
  •  Pricing,
  •  Payment terms,
  •  Place of delivery,
  •  Inspection and acceptance criteria,
  •  Warranty,
  •  Product support,
  •  Limitation of liability,
  •  Fees and retainer,
  •  Penalties,
  •  Incentives,
  •  Insurance and performance bonds,
  •  Subordinate subcontractor approvals,
  •  Change request handling, and
  •  Termination clause and Alternative Dispute Resolution(ADR) mechanisms. The ADR method can be decided in advance as a part of the procurement award.


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