Procurement Process

5 minutes 5 Questions

The procurement process refers to the ordered sequence of activities necessary to acquire goods and services from external suppliers. This process typically consists of identifying requirements, selecting suppliers, negotiating terms, and monitoring the supplier's performance. Ensuring secure procu…

Test mode:
CISSP - Procurement Process Example Questions

Test your knowledge of Procurement Process

Question 1

During a procurement process of a critical security software, the project manager decides to organize a demonstration by each potential vendor. What is the benefit of this step?

Question 2

A company is working on a procurement process for a new security system. The project manager has identified a potential vendor for the system and is providing them with company-specific information. What is the key document that should be signed first?

Question 3

The company is evaluating a vendor supplying security solutions. They must ensure the procurement process covers compliance with regulations. What document will best help the company during the evaluation process?

More Procurement Process questions
12 questions (total)