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The Procurement School

The Procurement School

June 26, 2021 by Dan

PSPP 201 Assessment 1

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Question 1 of 5

1. Question

When reviewing options to meet the identified need during the process of obtaining approval to commit funds, what option includes any corporate supply arrangements or standing offer lists?

Market assessment.

External supply.

Internal.

Direct award.

Correct

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Question 2 of 5

2. Question

When conducting the process to obtain approvals to issue the solicitation document, when is market assessment completed?

Before reviewing the internal options to meet the need.

After reviewing the internal options to meet the need.

After prequalifying suppliers.

After generating options and preparing recommendations.

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Question 3 of 5

3. Question

When conducting the process to obtain approvals to issue the solicitation document, at what point do you complete a cost-benefit analysis?

After generating options, but before preparing recommendations.

Before assessing the internal options to meet the need.

Before assessing the market, but after drafting the Contract B requirements.

After assessing the internal options to meet the need, but before assessing the market.

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Question 4 of 5

4. Question

When conducting the process to obtain approvals to issue the solicitation document, at what point do you clarify the procurement need?

After assessing internal and external options to meet the need.

During the cost-benefit analysis.

Before assessing options to meet the need.

After market assessment and analyzing options.

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Question 5 of 5

5. Question

When clarifying the procurement need, in order to obtain approvals to issue the solicitation document, what should you focus on?

The required functionality and/or outcomes.

Brand names and warranty provisions.

Preferred local supplier availability.

User-documented supplier preferences.

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