Exercises


1. Briefly discuss the usefulness of the bidder conferences tool used for requesting seller responses.
(Answer: see Lecture 27, section27.1)
2. Identify the main inputs and outputs of the requesting seller responses process.
(Answer: see Lecture 27, section27.1)
3. Define the following terms within the procurement management context: advertising, screening system, contract, contract management plan and selected sellers. (Answer: see Lecture 27, section27.1& 27.2)
4. List the procedures followed for developing a weighted system.
(Answer: see Lecture 27, section27.2)
5. List the main subjects covered within the contract negotiations.
(Answer: see Lecture 27, section27.2)