- Study guides, Class notes & Summaries

CPPB - Intro to Public Procurement UPDATED ACTUAL Exam Questions and CORRECT Answers Public procurement is.... - CORRECT ANSWER - The designated legal authority to advise, plan, obtain, deliver, and evaluate a government's expenditures on goods and services that are used to fulfill stated objectives, obligations, and activities in pursuit of desired policy outcomes. Materials Management... - CORRECT ANSWER - embraces all functions related to the control and coordination of the...

CPPB TEST - DOMAIN VI UPDATED ACTUAL Exam Questions and CORRECT Answers STRATEGIC PROCUREMENT PLANNING - CORRECT ANSWER - Provides the processes and tools to modernize public sector efforts around improving service development and delivery system SWOT analysis - CORRECT ANSWER - strengths, weaknesses, opportunities, threats PARETO PRINCIPLE - CORRECT ANSWER - 80/20 Rule 80% of Purchasing Cost is created by 20% of the purchase orders issued

CPPB exam prep UPDATED ACTUAL Exam Questions and CORRECT Answers What does the procurement policy of an entity reflects? - CORRECT ANSWER legal system -The goals and values of the entity - -The entity's -Policies and practices federal-level entities use to acquire goods and services; this may not apply to state or local entities What should the overall purpose of a procurement policy manual be? - CORRECT ANSWER - -Establish the legal authority of the procurement function within...

CPPB Domain II - Procurement Planning & Analysis UPDATED ACTUAL Exam Questions and CORRECT Answers Strategic Procurement Planning (SP2) - CORRECT ANSWER - 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 - CORRECT ANSWER - In any planning situation, procurement professionals should be prepared to analyze the various factors an entity could potentia...

CPPB Study Guides Combined UPDATED ACTUAL Exam Questions and CORRECT Answers A good specification should accomplish the following objectives EXCEPT: identify requirements clearly, allow for competetive bids, identify the advantages of obtaining the product or service, provide for equitable award - CORRECT ANSWER - identify the advantages of obtaining the product or service Common law - CORRECT ANSWER - A law that is not set forth in statutes, ordinances, or regulation, but evo...

Misc. questions/terms to study for cppb UPDATED ACTUAL Exam Questions and CORRECT Answers Purpose of a cost analysis - CORRECT ANSWER - It is a review and evaluation of the suppliers actual or anticipated cost data Competitive Negotiations - CORRECT ANSWER - Primary considerations for using is price is not the main concern for determining the successful contractor Common Law - CORRECT ANSWER - Law based on customs and usage and confirmed by

CPPB Domain II UPDATED ACTUAL Exam Questions and CORRECT Answers Strategic Procurement Planning (SP2) - CORRECT ANSWER - The transformation of the entity's mission, goals, and objectives into measurable activities to be used to plan, budget, and manage the procurement function within the entity. The ultimate goal is to effectuate positive change in entity culture, systems, and operational processes. Strategic Sourcing - CORRECT ANSWER - A methodology and process that enables ...

CPPB PRACTICE TEST UPDATED ACTUAL Exam Questions and CORRECT Answers Legal and statutory requirements - CORRECT ANSWER - An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract - CORRECT ANSWER - An agency is looking into cooperative purchasing practices. After conducting some analysis, the agency would like to "piggyback" its purchases with other agencies that are participating in cooperative pur...

CPPB Prep Domain I Procurement Administration Exam Questions and Answers

CPPB TEST - DOMAIN III Exam Questions and Answers