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CPPB - Domain 1 Procurement Administration /Questions And Answers Rated (A+)
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CPPB - Domain 1 Procurement Administration/Questions And Answers Rated (A+)
Quiz :Good performance measures need to be meaningful for all participants
including: - Answer :Procurement professionals, clients and suppliers
Quiz :Good performance measures need to be stated in terms of the higher-
level objectives of the central procurement office or else they will lose: -
Answer :their impact
Quiz :Good performance measures need to be: - Answer :fair, easy to collect,
consistent and objective
Quiz :Performance measure activities must be measured against a metric.
Metrics include: - Answer :Inputs, outputs, outcomes, efficiency measures and
effectiveness measures
Quiz :Inputs: - Answer :Measure resources used. They include labor,
materials, equipment and supplies. Demand for services may also be
considered
Quiz :Outputs: - Answer :Record activity or effort that can be expressed in a
quantitative or qualitative manner. Consider: total number of new contracts,
total number of employees who obtained professional certification, total
spend.
Quiz :Cycletime - Answer :Time to produce a PO, Inventory turnover
Quiz :Customer Satisfaction - Answer :Number of Disputes subtract Number
of change orders
Quiz :Outcomes - Answer :Assess results of an activity and show whether
expected results were achieved (customer service, improved performance of
supplier, employee retention)
Quiz :Efficiency Measures - Answer :Represent the ratio of inputs to outputs
or outcomes
Quiz :Effectiveness Measures - Answer :Reflect how long it takes to process a
request for procurement (purchase orders, bids, etc.)
, Quiz :The following are examples of methods that may be used to measure
procurement performance: - Answer :Performance reviews, regular staff
meetings, benchmarking, performance indicators, performance targets and
quality management tools
Quiz :Seven rights of procurement are: - Answer :Right materials, right
quantity, right time, right place, right source, right service and right price
Quiz :Common performance indicators: - Answer :Cost reduction,
supplier/industry development, supplier performance, efficiency of internal
procurement systems and customer satisfaction
Quiz :ERP stands for: - Answer :Enterprise Resource Planning (automated
procurement system)
Quiz :When considering an automated procurement system one should factor
in these elements: - Answer :Functional requirements, hardware and software
support, installation and training, maintenance and one-time costs and
recurring costs
Quiz :The framework for good record keeping includes: - Answer :The values
and guiding principles of transparency and accountability
Quiz :Solicitation files serve as: - Answer :Official factual record of events,
information required under freedom of information laws, information required
by the contract administrator and information required for a pre or post award
audit.
Quiz :What is a critical function of managing the procurement process: -
Answer :The maintenance of document files
Quiz :What should the contract files contain: - Answer :Executed contract,
required bonds, conflict forms, post-award documentation, notice to proceed,
approvals/disapprovals of contract, documentation of performance
monitoring, modifications, documentation to delivery date or contract price,
documentation for settlement claims/disputes, stop work/suspension of work
notices, inspection/acceptance documentation and contract closeout
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