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List Market Research Information Sources that are most reliable from your opinion. Explain your choice. There are different sources that can be consulted while conducting the market research. Some of these sources are internal and other are external. Different organizations …
Why is acquisition planning so important? It is a requirement of the Federal Acquisition Regulation (FAR) Part 7 that the companies that are involved in the acquisition processes must perform a proper planning and market research (“Part 7—Acquisition Planning”, 2016). …
Describe acquisition risks and the ways to control them. Acquisition process comes with many risks that need to be identified and managed timely for the successful acquisition of the process. It is important to dilute any political or departmental pressure …
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What factors are critical for successful acquisition? Dobbins & Donnelly (1998) have identified many critical factors that can prove to be vital in the government acquisition process. I will discuss some of these factors in the following. Technically competent program …
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How does government acquisition differ from private business one? The Government and private business acquisition processes have similarities and difference that are necessary to understand while comparing them. I would first state some similarities that would help us understand the …
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Describe several situations when contract is considered incomplete. What are the main terms of contract closeout? There are many circumstances where a contract may be considered as incomplete. On its face value, the contract might look as absolutely fine and …
Describe the role of Contracting Officer in contract performance. Contracting officer is closely related to the life cycle of the contact. The life cycle of the contract means the terms for which the contract remain active between the buyer and …
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Describe and analyze two primary approaches to negotiating. Negotiation is a communication tool which is carried out between two or more individuals or parties to reach an agreement on a matter under discussion. Negotiation is not a process specific to …
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Choose any two estimating techniques and compare them. Estimation is used in different fields to get the desired result within the available resources. Cost estimation is such a process in which we try to estimate the cost of the products …
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What are the ways of risk allocation and diminishing during the solicitation assessment? Quantitative risk analysis may be required to allocate risks and diminish these risks during the solicitation assessment. This is a best way to identify risks and analyze …
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