Conduct Procurements by Sean Whitaker

About the Lecture

The lecture Conduct Procurements by Sean Whitaker is from the course Archiv - PMP Training – Become a Project Management Professional (EN). It contains the following chapters:

Conduct Procurements
Key themes
Tools and Techniques
Bidder Conferences
Summary

Included Quiz Questions

Price, past experience, financial stability and experience of staff allocated to do the work are all examples of what input when conducting procurement?

Source selection criteria.
Seller proposals.
Make or buy decisions.
Procurement statement of work.

Which of the following is not a tool or technique you may choose to use while conducting procurements?

Make or buy analysis.
Bidder conferences.
Proposal evaluation techniques.
Advertising.

While you are carrying out a bidder conference in relation to a particular piece of work you have put out to external vendors. During the bidder conference a potential vendor approaches you during a break and asks you about some elements of the work and asks you not to pass on this information to others and they feel the answer will give them an edge in winning the work. What should you do?

Explain to the vendor that the question should be asked when the bidder conference resumes so that the information can be given to all potential vendors.
Provide the vendor with the information as requested.
Stop the bid process and restart it again excluding this vendor.
End the bid process and award the work to this vendor as they are clearly the best of all potential vendors.