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You have completed the make-or-buy analysis and decided that some goods and services will be acquired by outside vendors on the project. You have begun

You have completed the make-or-buy analysis and decided that some goods and services will be acquired by outside vendors on the project. You have begun developing the project procurement plan. Your company's procurement planning template includes specifying the preferred contract type in the statement of work. Why would this item be included in the procurement management plan? To allow the contractor to change the contract management process To ensure that the potential seller will receive incentives To enable the statement of work to be clear and concise To verify that the vendor cannot overprice goods and services

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