Beth works as a project manager for BlueWell Inc. Which of the following tools and techniques of
Administer Procurements process will Beth use to manage contracts, and procurement
documentation and records?

A.
Records Management System

B.
Performance reporting

C.
Inspection and Audit

D.
Payment System

Explanation:
A records management system is used to manage contract, and procurement documentation and
records by the project managers. It includes specific set of processes, related control functions,
and automation tools that are merged as part of the project management information system.
Answer option D is incorrect. Payment system determines the payments to the seller, which is
processed by the account payable system of the buyer after certification of satisfactory work by
the authorized person on the project team.
Answer option C is incorrect. Inspection and audits are required by the buyer and supported by the
seller as mentioned in the procurement contract during execution of the project to verify the

compliance in the seller’s work processes or deliverables.
Answer option B is incorrect. Performance reporting offers the management with the information
about how effectively the seller is achieving the contractual objectives.