PMP · Question 25 · Task 11: Plan and manage procurement
A project requires specialized cloud infrastructure services that are only available from two vendors. One vendor offers lower costs but has limited availability, while the other offers higher costs but guaranteed availability. The project has strict uptime requirements. What should the project manager do FIRST?
Answer options:
Select the lower-cost vendor and develop contingency plans for availability issues
Analyze the total cost of ownership including potential downtime costs and risk mitigation
Choose the higher-cost vendor since availability is a strict requirement
Negotiate with both vendors to find a middle ground on cost and availability
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