CPPB Prep Domain I: Procurement Administration questions with correct answers

Inputs - Correct Answer-Measures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs - Correct Answer-Record activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes - Correct Answer-Asses results of an activity and show whether expected results were achieved. Must be benchmarked against other departments and outside organizations. A benchmark is simply a point of reference that can be used as a standard to compare effectiveness and efficiency measurements. Efficiency measures - Correct Answer-Represent the ratio of inputs to outputs or outcomes. When outputs are increased and inputs are decreased, more efficiency is generated. Effectiveness measures - Correct Answer-Reflect how long it takes to process a request for procurement or the turnaround time to receive a commodity or service. Essentially measures quality and affects customer satisfaction. It should be tied back to the key objective. 7 Rights of Procurement - Correct Answer-Right materials, right quantity, right time, right place, right source, right service, right place Automated Procurement Systems - C