CIPS Exam L4M6 Topic 10 Question 51 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 51
Topic #: 10

[All L4M6 Questions]

Danny is procuring a new IT software, which he doesn't know much about. He has done a bit of research on the internet but is still unsure how much he can expect to pay. What should be Danny's next step?

AIssue a RFI

BIssue a RFQ

CIssue an ITT

DIssue an OJEU

Show Suggested Answer

Suggested Answer: A

Danny should issue a RFI (Request for Information). His next step would be to find out more about the products available by asking suppliers for information- this will help him put a spec together before he goes out to tender. The other options mean; RFQ - request for quotation- when you ask suppliers to submit a price. ITT- Invitation to tender -- a document you send out to suppliers which details all the information about the tender (this usually involves both price and quality components of assessment). OJEU- Official Journal of the European Union- where tenders for the Public Sector are published. For more info on RFI see p.74

by Erasmo at Sep 19, 2024, 08:15 AM

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Dino

4 months ago

RFI, RFQ, ITT... it's like a secret language of procurement! Danny should just ask the software vendor directly, 'How much for this thing?'

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Iola

5 months ago

ITT? More like 'I'm Totally Terrified' of this software purchase. RFQ is the way to go, my friend.

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Latrice

5 months ago

OJEU? What is this, a secret code? I'd go with the RFQ. Keep it simple, Danny!

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Novella

3 months ago

Danny, go with the RFQ for now. It's a straightforward way to get pricing details.

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Agustin

3 months ago

OJEU stands for Official Journal of the European Union. It's a more formal procurement process.

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Rosenda

3 months ago

RFQ stands for Request for Quotation. It's a good option for getting pricing information.

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Lina

5 months ago

I think Danny should also consider issuing a RFI to gather more general information about the software before requesting specific pricing.

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Vinnie

5 months ago

Danny should definitely go for the RFI. That way, he can gather more information about the software before making any decisions. It's the smart move.

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Aleta

4 months ago

Gregoria: Definitely, it's the smart move to gather all the necessary information first.

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Gregoria

4 months ago

I agree, issuing a RFI is a good way to understand the software before making a decision.

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Leanna

4 months ago

Danny, you should issue a RFI to gather more information about the software.

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Gail

5 months ago

I agree with Mickie, issuing a RFQ will help Danny compare prices from different vendors.

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Mickie

5 months ago

Danny should issue a RFQ to get specific pricing information.

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Ethan

5 months ago

I think Danny should issue a RFQ to get a better understanding of the pricing and options for the IT software. That's the way to go!

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Lenna

4 months ago

It's important for Danny to gather as much information as possible before making a decision.

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Melita

4 months ago

RFQ will definitely help Danny get a clearer picture of the costs involved.

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Katheryn

4 months ago

I agree, issuing a RFQ is the best way to go when procuring new software.

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Sylvia

5 months ago

Danny should issue a RFQ to get a better understanding of the pricing and options for the IT software.

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Vincent

5 months ago

Yes, a RFQ is definitely the next step for Danny to take in order to gather more information about the IT software.

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Gladys

5 months ago

I agree, issuing a RFQ will help Danny get a clearer picture of the pricing and options available.

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