Question

for the construction of new stands inside a gymnasium, which project task is considered to be a procurement?
starting the bid process for a vendor to build the stands.
securing the internal designers availability to design the stands.
finalizing a contract to build the stands.
obtaining the wood to build the stands.

Explanation:

Procurement in project management involves obtaining goods or services from external sources. Starting the bid process for a vendor to build the stands is an external sourcing activity. Securing an internal designer is internal resource management, not procurement. Finalizing a contract is a post - procurement step. Obtaining wood is a material acquisition but not the act of procurement itself (procurement would involve sourcing the vendor for the wood).

Answer:

Starting the bid process for a vendor to build the stands.