CAPM (Certified Associate in Project Management) Practice Exam

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Study for the Certified Associate in Project Management Exam with practice questions and answers. Enhance your understanding of project management principles and strategies to excel in the exam!

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Why is sole sourcing used?

  1. Due to budget constraints

  2. For team preference

  3. Because it is the only provider

  4. For faster delivery times

The correct answer is: Because it is the only provider

Sole sourcing is used when there is only one provider available for a particular product or service. This is frequently the case when a company requires a specialized product or service that can only be provided by a specific supplier with unique capabilities or expertise. In such situations, the organization has no other choice but to opt for sole sourcing to meet its project requirements. This guarantees that the project will not be delayed due to the unavailability of alternative providers. Therefore, the correct answer is C - Because it is the only provider.

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