Procurement and terms related_Week1_T3

Procurement and terms related_Week1_T3

Professional Development

12 Qs

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Procurement and terms related_Week1_T3

Procurement and terms related_Week1_T3

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Medium

Created by

Robyn Coleman

Used 22+ times

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12 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

PROJECT PROCUREMENT deals with the _________or purchasing of goods and services

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

PROCUREMENT MANAGEMENT involves the sequence of ___________ that creates, manages and fulfils contracts

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Principle activities of procurement management are:

Deciding on procurement strategies.

Soliciting tender offers.

Evaluating tender offers.

Hiring and recruiting staff

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The terms purchasing, procurement, supply, supply-chain and materials are all closely linked

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The terms purchasing, procurement, supply, supply-chain and materials are not closely linked

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Define Usage purchasing as:

describes the process of buying, learning the need, supplier selection, price negotiation and then following up to ensure timely delivery.

covers a broader array of processes, including purchasing, stores, traffic, receiving and inspection.

is often used to refer to the department’s efforts to improve procurement.

is the management of materials.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Define procurement as:

describes the process of buying, learning the need, supplier selection, price negotiation and then following up to ensure timely delivery.

covers a broader array of processes, including purchasing, stores, traffic, receiving and inspection.

is often used to refer to the department’s efforts to improve procurement.

is the management of materials.

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