PROCUREMENT FULL EXAM GRADED A+ 2025/2026
Procurement Planning and Supplier Selection
1. What is procurement planning?
A. Budgeting for project costs
B. Determining what to procure and when
C. Assessing supplier performance
D. Evaluating bids
Correct Answer: B
Procurement planning involves identifying and scheduling procurement needs.
2. Which document is crucial in defining procurement needs?
A. Purchase order
B. RFP (Request for Proposal)
C. Procurement plan
D. Bid evaluation form
Correct Answer: C
A procurement plan outlines what, how, and when to procure.
3. What is the primary goal of supplier selection?
A. Minimizing costs
B. Building long-term partnerships
C. Choosing suppliers that meet quality and delivery standards
D. Finding suppliers with the lowest bids
Correct Answer: C
Supplier selection ensures that selected vendors align with organizational standards.
4. Which factor is NOT typically considered during supplier evaluation?
A. Cost
B. Quality
C. Supplier’s marketing strategy
D. Delivery reliability
Correct Answer: C
Supplier evaluation focuses on operational capabilities, not their marketing.
5. What is a Request for Proposal (RFP)?
A. A request to suppliers for product delivery
B. A document soliciting detailed bids from suppliers
C. A purchase order
D. A final contract agreement
Correct Answer: B
An RFP seeks detailed proposals from potential suppliers.
, Tendering Processes
6. What is tendering in procurement?
A. A method of procurement involving competitive bidding
B. Hiring employees
C. Procuring goods without bids
D. Negotiating with a single supplier
Correct Answer: A
Tendering ensures transparency and competition in procurement.
7. Which type of tendering is open to all suppliers?
A. Selective tendering
B. Single-source procurement
C. Open tendering
D. Framework tendering
Correct Answer: C
Open tendering is advertised publicly and open to all qualified suppliers.
8. What is an Expression of Interest (EOI)?
A. A bid from a supplier
B. A pre-tender document showing supplier capability
C. A contract agreement
D. A purchase order
Correct Answer: B
EOI gauges supplier interest and capability before formal tendering.
9. Which is NOT a benefit of tendering?
A. Encourages transparency
B. Ensures lowest cost
C. Attracts diverse suppliers
D. Guarantees immediate delivery
Correct Answer: D
Tendering doesn’t inherently guarantee faster delivery.
10. What is the main objective of bid evaluation?
A. Selecting the cheapest bid
B. Choosing the most qualified supplier
C. Ensuring compliance with tax laws
D. Negotiating contracts
Correct Answer: B
Bid evaluation focuses on selecting a supplier that meets set criteria.
Contract Negotiation
Procurement Planning and Supplier Selection
1. What is procurement planning?
A. Budgeting for project costs
B. Determining what to procure and when
C. Assessing supplier performance
D. Evaluating bids
Correct Answer: B
Procurement planning involves identifying and scheduling procurement needs.
2. Which document is crucial in defining procurement needs?
A. Purchase order
B. RFP (Request for Proposal)
C. Procurement plan
D. Bid evaluation form
Correct Answer: C
A procurement plan outlines what, how, and when to procure.
3. What is the primary goal of supplier selection?
A. Minimizing costs
B. Building long-term partnerships
C. Choosing suppliers that meet quality and delivery standards
D. Finding suppliers with the lowest bids
Correct Answer: C
Supplier selection ensures that selected vendors align with organizational standards.
4. Which factor is NOT typically considered during supplier evaluation?
A. Cost
B. Quality
C. Supplier’s marketing strategy
D. Delivery reliability
Correct Answer: C
Supplier evaluation focuses on operational capabilities, not their marketing.
5. What is a Request for Proposal (RFP)?
A. A request to suppliers for product delivery
B. A document soliciting detailed bids from suppliers
C. A purchase order
D. A final contract agreement
Correct Answer: B
An RFP seeks detailed proposals from potential suppliers.
, Tendering Processes
6. What is tendering in procurement?
A. A method of procurement involving competitive bidding
B. Hiring employees
C. Procuring goods without bids
D. Negotiating with a single supplier
Correct Answer: A
Tendering ensures transparency and competition in procurement.
7. Which type of tendering is open to all suppliers?
A. Selective tendering
B. Single-source procurement
C. Open tendering
D. Framework tendering
Correct Answer: C
Open tendering is advertised publicly and open to all qualified suppliers.
8. What is an Expression of Interest (EOI)?
A. A bid from a supplier
B. A pre-tender document showing supplier capability
C. A contract agreement
D. A purchase order
Correct Answer: B
EOI gauges supplier interest and capability before formal tendering.
9. Which is NOT a benefit of tendering?
A. Encourages transparency
B. Ensures lowest cost
C. Attracts diverse suppliers
D. Guarantees immediate delivery
Correct Answer: D
Tendering doesn’t inherently guarantee faster delivery.
10. What is the main objective of bid evaluation?
A. Selecting the cheapest bid
B. Choosing the most qualified supplier
C. Ensuring compliance with tax laws
D. Negotiating contracts
Correct Answer: B
Bid evaluation focuses on selecting a supplier that meets set criteria.
Contract Negotiation
