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Your company designs and manufactures various consumer electronics, such as flat-screen television, laptops, and monitors etc. Your company is in the process of bidding on a project to manufacture the next generation the-bit video game console for X-Cube station. As a potential bidding for this project, you worked on the RFP response and submitting the proposal. The X-Cube Station selection committee received the RFP responses from all the vendors, and applied a weighted system in order to make a selection.
Which of the following processes just took place?
A. Request seller responses
B. Select sellers
C. Requisition
D. Contract administration
PMI PMI-: Practice Exam
B. Select Sellers - Comparative analysis was conducted to sort out the most reasonable seller.
the Option D is correct choice (D. Contract administration)
D. because our duty is project manager for an international contract manufacturing firm
The Company should evaluate the Sellers (vendors) response, assign weight-age to various product features viz Clarity of Image. Weight, warranty, technical features etc. We need to do the commercial evaluation viz product price, credit terms, currency rates and its volatility etc. Based on these who qualify we need to check their Logistics Capability and Reputation in the market.
