In which Capability Area is the development and maintenance of supplier agreements addressed?

The development and maintenance of supplier agreements is primarily addressed in the Capability Area focused on Selecting and Managing Suppliers. This area emphasizes the importance of establishing effective supplier relationships, which includes not only the selection of suppliers but also the ongoing management of these relationships. It involves key practices such as defining criteria for supplier selection, assessing supplier performance, and ensuring that agreements are upheld throughout the supplier relationship.

Establishing and maintaining supplier agreements is crucial for ensuring that the products or services provided meet the necessary requirements and standards set forth by the organization. This capability area takes a comprehensive approach to supplier management which includes communication, collaboration, and risk management associated with suppliers, thus ensuring a consistent delivery of value and performance.

In contrast, the other capability areas, while relevant in the broader context of project management and product development, do not specifically focus on the nuances of supplier-related agreements and management. For example, Planning and Managing Work addresses overall project execution and resource management but does not delve deeply into supplier relationships. Managing Business Resilience focuses on the capacity of an organization to prepare for and respond to potential disruptions, and Engineering and Developing Products is centered around the creation and development of products rather than the procurement and management of external suppliers.