As the PM, you are in the Conduct Procurement Process and have 3 different vendors on your qualified seller list who have responded to your company's RFP.

One of the vendors remaining on the qualified sellers is X company. Although you have no financial interest in this company, one of your friends is an investor of this company. Is there a conflict of interest in this situation?

a) Since neither you nor your family members have any financial interest in the company, there is no conflict of interest.