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NIGP CPP MODULE A ACTUAL 2025/2026 CORRECTLY ANSWERED

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NIGP CPP

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NIGP CPP MODULE A ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mis...

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NIGP CPP MODULE A ACTUAL 2025/2026 CORRECTLY ANSWERED NIGP CPP MODULE A ACTUAL 2025/2026 CORRECTLY ANSWERED

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Uploaded on: October 27, 2025
Last updated: October 27, 2025
Number of pages: 54
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & Answers
Tags: NIGP CPP MODULE A ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mission statement. To develop strategic plans, top management must develop and use summary reports on finances, operations, and the external environment. - Answer -Strateg
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NIGP CPP MODULE A ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mission statement. To develop strategic plans, top management must develop and use summary reports on finances, operations, and the external environment. - Answer -Strategic Plan A tactical plan is a course of action to achieve short-term goals, generally within a year or less. Tactical plans are concerned with what the units beneath top management must do, how they must do it, and who has the responsibility. These plans have shorter time frames and narrower scopes than strategic plans. - Answer -Tactical Plan Obtain the Entity and Departmental (if available) Mission, Goals, and Objectives. Establish and train a Strategic Procurement Planning Team. Review Strengths, Weaknesses, Opportunities, and Threats (SWOT) of the procurement function. Update the Procurement Department's mission, goals, and objectives, if necessary, based on the above SWOT review. Review the projected budget for the entity to determine likely procurements for the coming year. - Answer -Steps to take to create a Procurement Strategic Plan Is the objective logically related to an identified goal? Does each objective describe an output or outcome in terms of identified targets, and are they time based? Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com Is each objective realistic and attainable? Is the objective related to a specific foreseeable result or outcome instead of some internal process or output? - Answer -The creation of Strategic Procurement Objectives should include: SMART is an acronym that spells out the requirements for establishing effective goals and objectives. Creating objectives that meet these criteria will enable the entity to move forward more efficiently, with clear direction and within stated timelines. Specific: Objectives that are detailed and clear so that they are easy to understand. Measurable: Quantifiable objectives that include definite numbers and well-defined action plans. Attainable: Realistic (another word used may be "Achievable"). Relevant: The objective matters and it matches our overall goals. Time Bound: Set a specific time frame to accomplish your objectives. - Answer -SMART Obtain input from key stakeholders (those to whom performance will be reported). Ensure that measures are simple and relevant to the intended audience (e.g., public, stakeholders, elected officials). Ensure that measures are specific, consistently applied, and within the control of the procurement function. Identify any dependencies among other stakeholders, functions, or departments that will be related to the measures. Define a specific time period for reporting measures that is directly related to the attainment of goals and objectives in the strategic plan (e.g., 6 months, 1 year). Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com

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