ExpertHard1 markMultiple Choice
PMP · Question 56 · Task 11: Plan and manage procurement
A project manager is reviewing the procurement strategy. The project requires a vendor to develop a proprietary algorithm. The IP (Intellectual Property) rights are a critical concern. Which document must clearly define the IP ownership?
A project manager is reviewing the procurement strategy. The project requires a vendor to develop a proprietary algorithm. The IP (Intellectual Property) rights are a critical concern. Which document must clearly define the IP ownership?
Answer options:
A.
Non-Disclosure Agreement (NDA)
B.
The Contract / Agreement (specifically the Terms and Conditions)
C.
Statement of Work (SOW)
D.
Risk Register
How to approach this question
Legal ownership = Contract.
Full Answer
B.The Contract / Agreement (specifically the Terms and Conditions)✓ Correct
Task 11 (Procurement). IP rights are a critical part of project agreements (Task 8). They must be explicit in the contract.
Common mistakes
Thinking NDA covers ownership.
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