NIGP CPP MODULE A EXAM WITH GUARANTEED ACCURATE ANSWERS
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Course
NIGP CPP Module A
Institution
NIGP CPP Module A
A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mission statement. To develop strategic plans, top management must develop and use summary reports on finances, operations...
NIGP CPP MODULE A EXAM WITH
GUARANTEED ACCURATE
ANSWERS
A strategic plan is a course of action to achieve long-range goals,
generally up to five years. Strategic plans reflect the company's direction
and its purpose as stated in its mission statement. To develop strategic
plans, top management must develop and use summary reports on
finances, operations, and the external environment. - ACCURATE
ANSWERS✔✔ Strategic Plan
A tactical plan is a course of action to achieve short-term goals,
generally within a year or less. Tactical plans are concerned with what
the units beneath top management must do, how they must do it, and
who has the responsibility. These plans have shorter time frames and
narrower scopes than strategic plans. - ACCURATE ANSWERS✔✔
Tactical Plan
Obtain the Entity and Departmental (if available) Mission, Goals, and
Objectives.
Establish and train a Strategic Procurement Planning Team.
Review Strengths, Weaknesses, Opportunities, and Threats (SWOT) of
the procurement function.
,Update the Procurement Department's mission, goals, and objectives, if
necessary, based on the above SWOT review.
Review the projected budget for the entity to determine likely
procurements for the coming year. - ACCURATE ANSWERS✔✔ Steps
to take to create a Procurement Strategic Plan
Is the objective logically related to an identified goal?
Does each objective describe an output or outcome in terms of identified
targets, and are they time based?
Is each objective realistic and attainable?
Is the objective related to a specific foreseeable result or outcome
instead of some internal process or output? - ACCURATE
ANSWERS✔✔ The creation of Strategic Procurement Objectives
should include:
SMART is an acronym that spells out the requirements for establishing
effective goals and objectives. Creating objectives that meet these
criteria will enable the entity to move forward more efficiently, with
clear direction and within stated timelines.
Specific: Objectives that are detailed and clear so that they are easy to
understand.
,Measurable: Quantifiable objectives that include definite numbers and
well-defined action plans.
Attainable: Realistic (another word used may be "Achievable").
Relevant: The objective matters and it matches our overall goals.
Time Bound: Set a specific time frame to accomplish your objectives. -
ACCURATE ANSWERS✔✔ SMART
Obtain input from key stakeholders (those to whom performance will be
reported).
Ensure that measures are simple and relevant to the intended audience
(e.g., public, stakeholders, elected officials).
Ensure that measures are specific, consistently applied, and within the
control of the procurement function.
Identify any dependencies among other stakeholders, functions, or
departments that will be related to the measures.
Define a specific time period for reporting measures that is directly
related to the attainment of goals and objectives in the strategic plan
(e.g., 6 months, 1 year).
, Utilize measures in the decision-making process that support informed
decision making and lead to appropriate action. The measures should
represent a balance of the types of measures critical to achieving specific
objectives and goals. - ACCURATE ANSWERS✔✔ In order for
procurement managers to know "what" they are measuring, accurate
planning must be completed before the process of developing the
performance metrics.
Is descriptive and conceptual. Qualitative data can be categorized based
on traits and characteristics. Example: Provide response options for
feedback on the pCard program survey such as: Highly effective,
effective, ineffective, highly ineffective. - ACCURATE ANSWERS✔✔
Qualitative Feedback
Can be counted, measured, and expressed using numbers. Example:
Provide response options for feedback such as the number of
solicitations awarded or time it took to process an award. - ACCURATE
ANSWERS✔✔ Quantitative Feedback
Is a more organized and documented communication. - ACCURATE
ANSWERS✔✔ Formal Feedback
Is the everyday casual conversation regarding the work being done. -
ACCURATE ANSWERS✔✔ Informal Feedback
Qualitative Feedback: Focus groups center their attention on processes
related to an issue and how to improve them.
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