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Which of the following statement is true of suppliers?
Project team has no role or responsibility to oversee the performance of the supplier's deliverables or services
Suppliers are internal departments that provide components or services necessary for the project
Suppliers have to sign a contractual agreement to provide components or services necessary for the project
If the suppliers bear a large share of the risk for delivering the project, their role diminishes significantly
Suppliers have to sign a contractual agreement to provide components or services necessary for the project. Suppliers are not internal departments, but external organizations that provide components or services necessary for the project. Project team are often responsible to oversee the performance of the supplier's deliverables or services. If the suppliers bear a large share of the risk for delivering the project, they have a significant role to play as part of the project team.
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