1 of 150
Definition
A contractual disagreement or misunderstanding between contracting
parties specific to contract provisions or language.
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Protest Arbitration
, Negotiations Dispute
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2 of 150
Term
Procurement professionals involved in the establishment of policy
manuals must ensure they:
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Categories/items with a lot of spending, but no entity-wide contract.
Categories/items with widely varying purchase prices.
Categories with moderate or low spending, but a large number of suppliers.
Categories/items with consistently rising prices.
The Invitation for Bids is also known as competitive sealed bidding. This is a
common method for procuring goods, some services, and some construction for
public use in which award is made to the responsible bidder with the lowest
responsive bid. The award is based solely on the response to criteria set forth in the
IFB. It does not include discussions or negotiations with bidder. Invitation to Tender
is the comparable term used in the Canadian public procurement industry.
, are compliant with best practices.
are responsive and adaptive to their environments.
act in the best interest of the government.
ensure transparency.
avoid conflicts of interest.
are well-informed about the information associated with regulations.
provide the support to perform functions within established procurement
policies and procedures.
Present data in a consistent format.
Create a standard template and terminology.
Standardize processes for collecting the data.
Many financial systems already have standardized processes and reports.
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, 3 of 150
Definition
Qualitative data deals with observations and labels that can't be easily
measured, such as:
Color of paper
Darkness of copier ink on prints
What characteristics good copy machines contain
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Value Analysis Solution Objectives
Primary Data Qualitative Data
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4 of 150
Definition
is a set of principles, processes, and tools that can assist governments
to maximize relationship value with suppliers, and minimize risk and
management overhead through the entire supplier relationship life
cycle.
Give this one a try later!
Definition
A contractual disagreement or misunderstanding between contracting
parties specific to contract provisions or language.
Give this one a try later!
Protest Arbitration
, Negotiations Dispute
Don't know?
2 of 150
Term
Procurement professionals involved in the establishment of policy
manuals must ensure they:
Give this one a try later!
Categories/items with a lot of spending, but no entity-wide contract.
Categories/items with widely varying purchase prices.
Categories with moderate or low spending, but a large number of suppliers.
Categories/items with consistently rising prices.
The Invitation for Bids is also known as competitive sealed bidding. This is a
common method for procuring goods, some services, and some construction for
public use in which award is made to the responsible bidder with the lowest
responsive bid. The award is based solely on the response to criteria set forth in the
IFB. It does not include discussions or negotiations with bidder. Invitation to Tender
is the comparable term used in the Canadian public procurement industry.
, are compliant with best practices.
are responsive and adaptive to their environments.
act in the best interest of the government.
ensure transparency.
avoid conflicts of interest.
are well-informed about the information associated with regulations.
provide the support to perform functions within established procurement
policies and procedures.
Present data in a consistent format.
Create a standard template and terminology.
Standardize processes for collecting the data.
Many financial systems already have standardized processes and reports.
Don't know?
, 3 of 150
Definition
Qualitative data deals with observations and labels that can't be easily
measured, such as:
Color of paper
Darkness of copier ink on prints
What characteristics good copy machines contain
Give this one a try later!
Value Analysis Solution Objectives
Primary Data Qualitative Data
Don't know?
4 of 150
Definition
is a set of principles, processes, and tools that can assist governments
to maximize relationship value with suppliers, and minimize risk and
management overhead through the entire supplier relationship life
cycle.
Give this one a try later!
