100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CPPB Domain II - Procurement Planning & Analysis Questions and Answers 2024/2025 $10.49   Add to cart

Exam (elaborations)

CPPB Domain II - Procurement Planning & Analysis Questions and Answers 2024/2025

 2 views  0 purchase
  • Course
  • CPPB
  • Institution
  • CPPB

Strategic Procurement Planning (SP2)  Transformation of the entity's missions, goals, and objectives into measureable activities to be used to plan, budget, and manage the procurement function within the entity. SWOT  In any planning situation, procurement professionals should be prepa...

[Show more]

Preview 2 out of 10  pages

  • October 10, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPPB
  • CPPB
avatar-seller
TestTrackers
2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


CPPB Domain II - Procurement Planning &
Analysis Questions and Answers
2024/2025
Strategic Procurement Planning (SP2)


 Transformation of the entity's missions, goals, and objectives into measureable
activities to be used to plan, budget, and manage the procurement function within the
entity.


SWOT

 In any planning situation, procurement professionals should be prepared to analyze
the various factors an entity could potentially face (strengths, weaknesses,
opportunities, threats)


The Pareto Principle


 20% of people yield 80% of production, while 80% of people yield only 20% of the
production (80% of procurement cost is from 20% of purchase orders issued) a small
amount of people produce most of the work and a large amount of people produce
the least amount of work.


Performance Metrics: Inputs

 Measures resources used: labor, materials, equipment, and supplies. Demand for
goods and services may also be considered.


Performance Metrics: Outputs


 Records activity that can be measured (e.g. total spend, total number of new
contracts, total number of employees who obtained certification).


Performance Metrics: Outcomes




1|Page| GradeA+ | 2 0 0 2 5

, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

 Assess results of an activity and show whether expected results were achieved (client
service levels, improved performance of suppliers, employee retention).


Performance Metrics: Efficiency

 Measures ratio of inputs to outputs/outcomes. When outcomes are increased and
inputs are decreased, more efficiency is generated. Less administrative time on PO,
etc.


Performance Metrics: Effectiveness

 Measures the quality and effects of the outcomes. How long it takes to process a
request or turnaround time to receive goods or services.


Common Procurement Delivery Outcomes


 Right source, services, place, price, materials, quantity, time (SS/PP/MQT)


Benchmarking

 Measuring a process, service, or good against the characteristics of the recognized
leaders in the given area of review. (Procurement identifies world class entities with
which to compare its practices, policies, and performance outcomes).


Procurement Profile


 Adds decision making intelligence to a spend analysis through Spend Analysis (range
of goods and services available), Market Analysis (the markets that provide them),
Supply Positioning (risks in the market that could affect the entity's operations).


Supply Positioning

 Analyzing the complexity of the supply marketplace and its impact on entity service
delivery.


Two major forces impacting government procurement


1|Page| GradeA+ | 2 0 0 2 5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 TestTrackers. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80630 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart