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NCMA CPCM Exam - Topic 2 Question 94 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 94
Topic #: 2
[All CPCM Questions]

What is generally used when the non-financial considerations, such as technical skills or approach, are paramount?

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Suggested Answer: D

by Felix at Aug 05, 2024, 03:54 PM

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Veronika
6 months ago
Totally agree, tender focuses on quality over cost!
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Vicki
6 months ago
Wait, are you sure it's not just about the lowest price?
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Leanora
6 months ago
Definitely tender! It's all about the skills and approach.
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Levi
7 months ago
I think negotiation can also play a big role.
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Gianna
7 months ago
Tender is usually the way to go for non-financial factors.
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Fidelia
7 months ago
I practiced a similar question, and I think "quotation" is usually more about pricing, so it might not be the right choice here.
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Shenika
7 months ago
I feel like "bid" could also fit, but it seems more financial than technical.
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Kerrie
7 months ago
I'm not entirely sure, but I remember something about "negotiation" being more about discussions rather than just technical aspects.
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Eugene
8 months ago
I think it might be "tender" since it often focuses on technical skills and qualifications.
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Staci
8 months ago
I feel pretty confident about this one. Based on the wording of the question, A, tender, is the correct answer. That process is typically used when technical expertise and other non-financial factors are more important than just the lowest price.
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Salome
8 months ago
I'm a bit confused by this question. I'm not entirely sure what the difference is between the options, to be honest. I'll have to review my notes and try to figure out the best approach here.
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Marjory
8 months ago
Okay, let me break this down. The question is asking about what's used when non-financial factors are the priority. I'm leaning towards A, tender, since that seems to be the process that would focus more on technical capabilities rather than just the lowest price.
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Almeta
8 months ago
I think this is a straightforward question. The answer is clearly A, tender, since the question mentions that non-financial considerations like technical skills are paramount.
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Gearldine
8 months ago
Hmm, I'm not entirely sure about this one. I'm debating between A and D, bid, since both of those seem to involve non-financial factors. I'll have to think it through a bit more.
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Shantell
8 months ago
This looks like a tricky one. I'll need to think through the options carefully.
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Devora
1 year ago
Definitely B) negotiation. It's the perfect way to show off your bargaining skills and make the client feel like they're getting a great deal, even if you're secretly raking in the dough.
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Twila
1 year ago
Negotiation is definitely the way to go when non-financial considerations are important.
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Leslee
1 year ago
I think tender could also be a good option depending on the circumstances.
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Stephaine
1 year ago
I agree, negotiation is key in those situations.
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Sabine
1 year ago
C) Quotation, for sure. It's the best way to showcase your mad Excel skills and impress the client with your fancy formatting.
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Terrilyn
11 months ago
A) tender is also important for non-financial considerations, as it allows for a detailed proposal of technical skills and approach.
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Leanora
11 months ago
C) Quotation can definitely help highlight technical skills and approach in a clear and organized manner.
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Cora
11 months ago
C) Quotation, for sure. It's the best way to showcase your mad Excel skills and impress the client with your fancy formatting.
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Ethan
12 months ago
D) bid
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Evangelina
12 months ago
C) Quotation
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Casie
12 months ago
B) negotiation
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Antonio
1 year ago
A) tender
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Fallon
1 year ago
I'm going with D) bid. I mean, who doesn't love a good old-fashioned bidding war? It's like a gladiator match, but with spreadsheets instead of swords.
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Lachelle
12 months ago
Tenders can also be a good option depending on the situation.
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Margurite
12 months ago
I prefer going with a quotation for non-financial considerations.
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Royce
1 year ago
I think negotiation might be more effective in some cases.
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Hollis
1 year ago
I agree, a bidding war can be intense!
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Terrilyn
1 year ago
Hmm, I think the correct answer is B) negotiation. When technical skills and approach are more important than just the price, negotiation is the way to go.
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Myra
1 year ago
I think it's important to consider all aspects, not just the price, when making a decision.
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Nichelle
1 year ago
I agree, negotiation is definitely the way to go when non-financial considerations are important.
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Dino
1 year ago
I'm not sure, but I think bid could also be a valid option for this scenario.
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Sonia
1 year ago
I agree with Isaac, negotiation seems like the best option for non-financial considerations.
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Isaac
1 year ago
I think the answer is negotiation.
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