Why Perform regular procurement audits when administer a contract? Not monitor payment?
Why this answer is Choice 4?
Which of the following should you (the buyer) pay attention to when you administer a contract?
Choice 1 Ensure that contractual obligations are met.
Choice 2 Apply appropriate project management processes to the contractual relationship and integrate the outputs from these processes to the overall management of the project.
Choice 3 Monitor payments to the seller.
Choice 4 Perform regular procurement audits.
Correct Choice : 4
Justification :
