All the below are tools and techniques of conduct

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1. All the below are tools and techniques of conduct procurement, except

  • bidder's conferences, negotiations, and advertising.
  • analytical techniques, expert judgments, and evaluation techniques.
  • estimates, bidder's conferences, and evaluation techniques.
  • negotiations, make-or-buy decisions, and advertising.

2. Proper selection criteria are critical for a successful project. All of the below would be considered good selection criteria for a buyer to use to select a seller, except

  • managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision.
  • past work done by seller, intellectual property rights, and risk associated with a given seller.
  • technical capability of seller, understanding of work by seller, and business type of seller.
  • financial capacity of seller, overall cost, and warranty offered by seller.

Reference no: EM13456962

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