Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

GIAC GCPM Exam - Topic 7 Question 82 Discussion

You are the project manager of a project to create a network inside of a building. You need to hire an electrician to run network cable throughout the building. Based on your experience, you create an estimate for the work that you'll measure all of the bids against. This is an example of what type of procurement seller selection?
B) Independent estimate
A) Seller rating system
C) Weighting system
D) Screening system

GIAC GCPM Exam - Topic 7 Question 82 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 82
Topic #: 7
[All GCPM Questions]

You are the project manager of a project to create a network inside of a building. You need to hire an electrician to run network cable throughout the building. Based on your experience, you create an estimate for the work that you'll measure all of the bids against. This is an example of what type of procurement seller selection?

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

0/2000 characters
Sherly
3 days ago
I lean towards B) too. It’s a solid baseline for bids.
upvoted 0 times
...
Lorrine
8 days ago
But isn't A) Seller rating system also valid? Ratings matter too.
upvoted 0 times
...
Merilyn
13 days ago
Agreed! It shows your own assessment first.
upvoted 0 times
...
Kristofer
19 days ago
I think it's B) Independent estimate. Makes sense to compare bids.
upvoted 0 times
...
Toi
24 days ago
Independent estimates help set a baseline for bids.
upvoted 0 times
...
Tamekia
29 days ago
Wait, are we sure it's not a screening system?
upvoted 0 times
...
Maybelle
1 month ago
No way, it's clearly a weighting system.
upvoted 0 times
...
Teresita
1 month ago
I think it's more of a seller rating system.
upvoted 0 times
...
Thea
1 month ago
That's definitely an independent estimate!
upvoted 0 times
...
Harley
2 months ago
Independent estimates help set a baseline for bids.
upvoted 0 times
...
Joesph
2 months ago
Wait, are we sure it's not a screening system?
upvoted 0 times
...
Novella
2 months ago
No way, it's clearly a weighting system.
upvoted 0 times
...
Ena
4 months ago
I think it's more of a seller rating system.
upvoted 0 times
...
Herman
4 months ago
That's definitely an independent estimate!
upvoted 0 times
...
Gwen
4 months ago
I could be wrong, but I feel like a weighting system involves criteria for scoring bids, which doesn't seem to fit this scenario.
upvoted 0 times
...
Gilma
4 months ago
This sounds familiar; I practiced a question like this where the focus was on comparing bids against a baseline, which makes me lean towards independent estimate.
upvoted 0 times
...
Bernardo
5 months ago
I'm not entirely sure, but I remember something about seller rating systems being used for ongoing evaluations, not just for initial bids.
upvoted 0 times
...
Keneth
5 months ago
I think this might be related to an independent estimate since you're creating your own cost baseline before evaluating bids.
upvoted 0 times
...

Save Cancel