Negotiating,selecting,and contracting with a seller for a particular product of service refers to which of the following Project Procurement Management processes?

Question

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Negotiating, selecting, and contracting with a seller for a particular product or service is a part of the Conduct Procurements process. Plan Procurements process deals with determining what to procure, how much to procure, and when to procure it. Administer Procurements process deals with managing contracts and relationships with vendors. Close Procurements process deals with the completion and settlement of contracts. Plan Exit Strategy is not a part of Project Procurement Management processes.

Negotiating,selecting,and Contracting with a Seller for a Particular Product of Service