Exam (elaborations)
CON 1100V UNIT 2- QUESTIONS & ANSWERS
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CON 1100V UNIT 2- QUESTIONS & ANSWERS
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CON 1100V UNIT 2- QUESTIONS & ANSWERSIndustry Engagement is most important when: Correct Ans-developing business strategies
and understanding what motivates a contractor throughout the contracting life cycle.
Acquisition Planning Stage involves: Correct Ans-1. Identifying acquisition team.
2. Conducting market research.
3. Understanding industry.
4. Describing agency needs.
5. Performing meaningful risk analysis.
6. Formulating contract strategy.
7. Preparing solicitation.
8. Publicizing (advertising) contract actions.
Evaluation stage involves: Correct Ans-1. Proposals
2. Price/Cost Analysis
3. Holding Discussions/Negotiations
4. Determining Responsiveness/Responsibility
5. Documenting Basis for Award
Award stage involves: Correct Ans-1. Awarding the contract.
2. Notifying industry & bidders/offerors.
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