Manage Phase: Managing Performance
7 important questions on Manage Phase: Managing Performance
Where do companies use KPI's for?
Generally requires measurement of KPI's an assessment of the current business including the baseline norms and potential process improvement initiatives.
What isn't captured when a procurement organization measures only the raw cost of an item purchased?
What type of acceptance are
distinguished?
- partial acceptance
- Complete acceptance with conditions
- Unconditional-complete acceptance
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What is impossible without clearly defined outcomes?
How can buyers measure the quality of a transaction?
What are agenda items on regular meetings between buyer and seller?
- is the contract going?
- How are the payments going?
- Are there disputes and are the as expected?
- Are the profits or savings being realized?
- Resolving complaints
What are sharing and learn lessons about?
- Sharing and consolidation of experience Identify patterns
- Repeat success, avoid failure
- On-going reference source display personal and team expertise
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding