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Question
(a) List key stages of a typical procurement cycle.
(b) (i) List 5 procurement methods stipulated in the Public Procurement Act 2006.
(ii) Classify one circumstance for choosing each method. (c) Clarify briefly the role and function of a Bid Evaluation Committee.
(d) Describe briefly the role and function of a Departmental Tender Committee.
(e) Clarify the term ‘Sustainable Procurement'.
(f) Describe the main reasons for a public body to maintain a database of suppliers.
(g) List 5 criteria that may be taken into consideration when selecting a Supplier.
(h) Clarify the role and function of the Central Procurement Board.
(i) Decide between minor and major deviation.
What are the activities that are related to the Management of Project Execution? (b) Monitoring is an aspect of Project Management performed throughout the Project. What are the factors that influence the monitoring and control of project work?
What do you understand by the term Scheduling? Explain how the following ways for duration compression of a project can be achieved- Fast tracking Crashing
Norman Harvey Bank in order to immediately invest the entire $20,000 into the West Bank term deposit account being offered.
Calculate the payoff and the profits for investments
How does a project risk management approach pro-vide an early warning signal for impending problems or issues
Reviewing the balanced scorecard approach of Youngblood and Collins.
Distribution strategy and project management
Criticism of traditional measures of performance
Describe the features or characteristics of your product or service.
Formulate a reasonable Investment Policy Statement
Questionaire on Project Management
Describe the market growth rate for product and service.
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