NIGP CPP Module A (COMPLETE ANSWERS
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Terms in this set (150)
A strategic plan is a course of action Strategic Plan
to achieve long-range goals,
generally up to five years. Strategic
plans reflect the company's direction
and its purpose as stated in its
mission statement. To develop
strategic plans, top management
must develop and use summary
reports on finances, operations, and
the external environment.
A tactical plan is a course of action Tactical Plan
to achieve short-term goals,
generally within a year or less.
Tactical plans are concerned with
what the units beneath top
management must do, how they must
do it, and who has the responsibility.
These plans have shorter time frames
and narrower scopes than strategic
plans.
,Obtain the Entity and Departmental Steps to take to create a Procurement Strategic
(if available) Mission, Goals, and Plan
Objectives.
Establish and train a Strategic
Procurement Planning Team.
Review Strengths, Weaknesses,
Opportunities, and Threats (SWOT)
of the procurement function.
Update the Procurement
Department's mission, goals, and
objectives, if necessary, based on
the above SWOT review.
Review the projected budget for the
entity to determine likely
procurements for the coming year.
Is the objective logically related to The creation of Strategic Procurement Objectives
an identified goal? should include:
Does each objective describe an
output or outcome in terms of
identified targets, and are they time
based?
Is each objective realistic and
attainable?
Is the objective related to a specific
foreseeable result or outcome
instead of some internal process or
output?
,SMART is an acronym that spells out SMART
the requirements for establishing
effective goals and objectives.
Creating objectives that meet these
criteria will enable the entity to move
forward more efficiently, with clear
direction and within stated timelines.
Specific: Objectives that are detailed
and clear so that they are easy to
understand.
Measurable: Quantifiable objectives
that include definite numbers and
well-defined action plans.
Attainable: Realistic (another word
used may be "Achievable").
Relevant: The objective matters and
it matches our overall goals.
Time Bound: Set a specific time
frame to accomplish your objectives.
, Obtain input from key stakeholders In order for procurement managers to know "what"
(those to whom performance will be they are measuring, accurate planning must be
reported). completed before the process of developing the
performance metrics.
Ensure that measures are simple and
relevant to the intended audience
(e.g., public, stakeholders, elected
officials).
Ensure that measures are specific,
consistently applied, and within the
control of the procurement function.
Identify any dependencies among
other stakeholders, functions, or
departments that will be related to
the measures.
Define a specific time period for
reporting measures that is directly
related to the attainment of goals
and objectives in the strategic plan
(e.g., 6 months, 1 year).
Utilize measures in the decision-
making process that support
informed decision making and lead
to appropriate action. The measures
should represent a balance of the
types of measures critical to
achieving specific objectives and
goals.
elaborations) answers 100% satisfaction
guarantee 2026 UPDATE!!
Save
Terms in this set (150)
A strategic plan is a course of action Strategic Plan
to achieve long-range goals,
generally up to five years. Strategic
plans reflect the company's direction
and its purpose as stated in its
mission statement. To develop
strategic plans, top management
must develop and use summary
reports on finances, operations, and
the external environment.
A tactical plan is a course of action Tactical Plan
to achieve short-term goals,
generally within a year or less.
Tactical plans are concerned with
what the units beneath top
management must do, how they must
do it, and who has the responsibility.
These plans have shorter time frames
and narrower scopes than strategic
plans.
,Obtain the Entity and Departmental Steps to take to create a Procurement Strategic
(if available) Mission, Goals, and Plan
Objectives.
Establish and train a Strategic
Procurement Planning Team.
Review Strengths, Weaknesses,
Opportunities, and Threats (SWOT)
of the procurement function.
Update the Procurement
Department's mission, goals, and
objectives, if necessary, based on
the above SWOT review.
Review the projected budget for the
entity to determine likely
procurements for the coming year.
Is the objective logically related to The creation of Strategic Procurement Objectives
an identified goal? should include:
Does each objective describe an
output or outcome in terms of
identified targets, and are they time
based?
Is each objective realistic and
attainable?
Is the objective related to a specific
foreseeable result or outcome
instead of some internal process or
output?
,SMART is an acronym that spells out SMART
the requirements for establishing
effective goals and objectives.
Creating objectives that meet these
criteria will enable the entity to move
forward more efficiently, with clear
direction and within stated timelines.
Specific: Objectives that are detailed
and clear so that they are easy to
understand.
Measurable: Quantifiable objectives
that include definite numbers and
well-defined action plans.
Attainable: Realistic (another word
used may be "Achievable").
Relevant: The objective matters and
it matches our overall goals.
Time Bound: Set a specific time
frame to accomplish your objectives.
, Obtain input from key stakeholders In order for procurement managers to know "what"
(those to whom performance will be they are measuring, accurate planning must be
reported). completed before the process of developing the
performance metrics.
Ensure that measures are simple and
relevant to the intended audience
(e.g., public, stakeholders, elected
officials).
Ensure that measures are specific,
consistently applied, and within the
control of the procurement function.
Identify any dependencies among
other stakeholders, functions, or
departments that will be related to
the measures.
Define a specific time period for
reporting measures that is directly
related to the attainment of goals
and objectives in the strategic plan
(e.g., 6 months, 1 year).
Utilize measures in the decision-
making process that support
informed decision making and lead
to appropriate action. The measures
should represent a balance of the
types of measures critical to
achieving specific objectives and
goals.
