PMP Exam Simulator

You are managing a project to design and build a large space for IT school. In order to procure networking devices, you requested bids from several vendors. Today you analyzed that all the vendors have offered the devices from the same manufacturer, therefore, you think to go with a vendor who offers the lowest price. Your senior manager suggests that you hold a bidder conference before selecting a seller. A bidder conference will satisfy which of the following mandatory standards in the PMI code of ethics and professional conduct?