Midterm 15 questions

Mid-Term Exam Questions - Lessons 1 - 4 Due date: June 19, 2018 at 05:30 PM EDT # Question Student Answer 1. What is the name of the professional association for procurement professionals that was discussed on the first day of class? A. AMA B. NGIP C. NCMA D. PMI 2. In establishing a smart business arrangement, you want to accomplish at least three things. What are they? A. Looking out for your company’s best interest, adverse impact on the other party, and transparency B. Looking out for the agency’s best interest, adverse impact on the other party, and transparency C. Being fair and reasonable, avoiding adverse impact, and not behaving in an arbitrary and capricious manner 3. What are the procurement phases? 1. ____________________________ 2. ____________________________ 3. ____________________________ 4. Name three online sites to conduct market research as discussed in class: 1. ____________________________ 2. ____________________________ 3. ____________________________ 5. Name the six-seven documents the PMO should submit to Procurement as discussed in class: 1. ____________________________ 2. ____________________________ 3. ____________________________ 4. ____________________________ 5. ____________________________ 6. ____________________________ 7. ____________________________ 6. What FAR sections governs requirements for Simplified acquisition? 7. What FAR sections governs requirements for Negotiated acquisitions? 8. What FAR sections governs requirements for Socioeconomic acquisitions? 9. What FAR sections governs requirements for GSA FSS acquisitions? 10. What FAR sections governs CAS requirements? 11. Name two different contract types: 1. ____________________________ 2. ____________________________ 12. What section of the solicitation provides instructions to the offeror? ____ 13. What section of the solicitation provides evaluation process to the offeror? ____ 14. For procurements, what are the three (3) areas the Government promotes/supports as discussed in class? 1. 2. 3. 15. What FAR sections governs Market Research requirements?