Practice questions for this set
Terms in this set (140)
1/9
, 9/5/24, 3:09 PM
2) Stewart is the Chief Procurement Officer D. Make sure that he secures opportunities for growth and professional development
(CPO) of the water management agency. He for himself and his team.
has a good team but wants to make sure that
they don't get comfortable and continue to
excel. Stewart established a training
program that enables staff to keep up with
best practices so that they can add more 3 multiple choice options
value to the entity. To continue to instill the
desire to develop and grow his team
members, which of the following should
Stewart do?
Public Procurement Principles Standards guiding procurement practices, subject to change with advancements.
Social Responsibility in Procurement Implementing sustainable and socially responsible policies.
Stakeholder Management Communicating requirements and responsibilities to stakeholders.
Strategic Planning Planning for procurement goals and program oversight.
Strategic Procurement Initiatives Initiatives for effective procurement practices.
International Procurement Nuances Considerations for procurement in international settings.
Focus Area 5 - Contract Administration Efficient asset management and disposal recommendations.
Asset Management in the Public Sector Managing assets and inventories effectively.
Surplus Management Recommendations for asset disposal and residual value maximization.
Focus Area 6 - Leadership Establishing ethical workplace policies and continuous improvement culture.
Continuous Improvement Culture Fostering improvement through policies and training.
Training Opportunities Development and educational opportunities for procurement professionals.
Communication Importance Significance of effective communication in procurement advancements.
Performance Measurement Assessing procurement effectiveness and efficiency.
Performance Monitoring Tracking procurement performance over time.
Implementing Change Introducing new processes or procedures in procurement.
Change Management Strategically handling transitions in procurement.
Challenges in the Public Sector Obstacles faced in government procurement operations.
Procurement Key Performance Indicators Metrics used to evaluate procurement success.
(KPIs)
Tracking Procurement Performance Monitoring and recording procurement results.
Common Procurement Key Performance Frequently used metrics to measure procurement performance.
Indicators
Planning and Establishing Performance Developing criteria to gauge procurement success.
Measures
Establish a Continuous Improvement Plan Creating strategies for ongoing enhancement in procurement.
Globalization in Public Procurement Impact of international trends on government purchasing.
Probability of Disaster Likelihood of catastrophic events affecting procurement.
Business Continuity Plans Strategies to ensure procurement operations continue during crises.
NIGP - CPP
Procurement's Module
Role Changes B NR Evolution of responsibilities in the procurement field.
2/9
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Denyss. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.