1. All the below are tools and techniques of conduct procurement, except
- bidder's conferences, negotiations, and advertising.
- analytical techniques, expert judgments, and evaluation techniques.
- estimates, bidder's conferences, and evaluation techniques.
- negotiations, make-or-buy decisions, and advertising.
2. Proper selection criteria are critical for a successful project. All of the below would be considered good selection criteria for a buyer to use to select a seller, except
- managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision.
- past work done by seller, intellectual property rights, and risk associated with a given seller.
- technical capability of seller, understanding of work by seller, and business type of seller.
- financial capacity of seller, overall cost, and warranty offered by seller.