Reference no: EM132785226
QUESTION 1
a) Conduct procurement is the process of obtaining seller responses, selecting a seller, and awarding a contract.
i. Describe TWO (2) available inputs in conduct procurement process.
ii) Discuss any TWO (2) types of tools & techniques used in conduct procurement process.
b) Source selection criteria refers to the method which organization will use to choose a vendor. Explain any FOUR (4) source selection criteria.
QUESTION 2
a) Differentiate the terms 'valid' and 'void' contract with the help of ONE (1) suitable example for each term.
b) A make-or-buy decision is one of the decision that maximizes the long-term financial outcome for a company. Define Make-or-Buy analysis in Project Management with appropriate examples.
c) Company Y-Factor is considering either to buy or lease a machine for heavy engineering plant in Selangor. Below is the information provided by the Financial Department to you. If you buy, the cost is RM 29,000 and the one-time cost of procurement and integrating in your company is RM 1,000. If you lease, you have to pay RM 10,000 as down-payment and RM 5,000 per month license fee. What is the breakeven duration after which you should buy (instead of leasing) the product?
d) Cost estimates developed by the procuring activity are used to evaluate the reasonableness of the bids or proposals received from potential sellers. List FOUR (4) of the cost estimates activity.
|
Determine the total deduction under cash basis of accounting
: Determine the total deductions under Cash and Accrual basis of accounting. Supplies bought in 2019, half was used in 2020 16,000
|
|
Examine quality and credibility in qualitative research
: For this Discussion, you will examine quality, trustworthiness, and credibility in qualitative research and provide specific techniques and strategies.
|
|
External Financing
: Briefly describe the types of agency conflict and provide an example of at least one of the types of agency conflict to support your response.
|
|
Describe unique ethical challenges of protecting privacy
: Post an explanation of the unique ethical challenges of protecting privacy, minimizing harm, and respecting the shared experience of others.
|
|
Differentiate the terms valid and void contract
: a) Conduct procurement is the process of obtaining seller responses, selecting a seller, and awarding a contract.
|
|
Describing ways to prepare for job interview
: You will create a PowerPoint presentation describing ways to prepare for a job interview. Describe ways to prepare for an interview.
|
|
Identify the variables that you plan to test
: Identify the variables that you plan to test. Specify one specific independent variable and one dependent variable, if your project is a hypothesis-testing.
|
|
Supply-extreme weather as well as health of crops
: Though nature is a key contributor to the supply-extreme weather as well as health of crops have a direct impact on the supply chain and access to the raw goods
|
|
Calculate the value of the option to abandon the project
: At what level of expected sales would it make sense to abandon the project?
|