Nolan School Gap Analysis
Question 1 of 6:
Procurement Strategy
QUESTION 1.1
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In your opinion, what is the fundamental difference between a Request for Tender (RFQ) Tender and an Invitation to Offer (ITO) Tender? An ITO Tender is sometimes called a Requestion for Proposal (RFP) Tender. Do not exceed 100 words.
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QUESTION 1.2
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In preparing a Tender by limited invitation for resellers of mining equipment, where there are dozens of resellers, provide a rational justification for constraining the invitation to a few specific Suppliers. Do not exceed 100 words.
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QUESTION 1.3
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As a public sector Procurement officer, your Client asks you to prepare an approach to one Supplier to conduct a 1-year, USD $100,000 software trial. Aside from an external risk of questionable fairness to other Suppliers, what is an internal risk in not approaching the Market? Do not exceed 100 words.
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