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MOD 1 & 21) Which of the following defines strategic sourcing? Applicable for performance based services, but not products Applicable to purchasing products, but not services Cross-functional and engages stakeholders from multiple perspectives and disciplines A contracting process to optimize requirements 2) Which of the following is NOT a primary focus area of Better Buying Power Initiatives? Improve professionalism of the total acquisition workforce. Achieve affordable programs. Fixed price contracts are the preferred method of contracting. Improve tradecraft in acquisition of services. 3) Commitment is a key factor to a successful relationship. Which of the following describes what commitment means? Each of the parties has provided written verification of project goals Each of the parties can work together to maximize the overall benefit for all, even if some of their immediate individual needs conflict Sharing information with the preferred contractor (with whom you have a long-standing, mutually beneficial business relationship) that enables that contractor to construct a proposal that closely targets the government’s needs Relying on the contractor as the sole source of the commodity or service 4) Which of the following is a potentially important benefit of securing leadership support for an Acquisition Integrated Product Team? mig_101735401mig_101735321mig_101735261
Minimizing communication amongst stakeholders Leaders sign contractual documents that contracting officers will not. Leaders assist in transforming the existing culture to help the organizationembrace change. Eliminating stakeholder reviews that slow down the acquisition 5) Which one of the following procedures generally does NOT needto be conducted or managed in the strategic sourcing post-award execution phase?Historical data integrity checks Supplier performance monitoring Overall supplier performance management Internal compliance verification 6) Strategic sourcing is a structured, collaborative process that is intended to provide what types of benefits? Reduce only the cost of purchasing supplies and services Improve customer business processes only Identify the least expensive alternative supplies or services Reduce the total cost of ownership of the supplies and services purchased 7) You are a leading government seismologist that has been contacted by a private company to do some consulting work for them. They would like you to work on an analysis of the impact various terrorist activities and other natural disasters would have on the fault system that runs under Los Angeles. As you start discussing the offer with the company, you determine that the results of this analysis will be incorporated into a report they will be submitting under a government subcontract. What should you mig_101735311mig_101735491mig_101735411