Question Four (4) You have been appointed as a member of the Evaluation Committee at your organisation. The Committee is made up of five members drawn from different departments from within the company. The Chief Executive of your company is new and wants you as the procurement expert to educate him on what goes on in an evaluation. Discuss the stages of evaluation for a goods procurement highlighting some common criteria at each stage.                                                 Explain your understanding of the term “Declaration of Interest” in evaluations and its implication.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Question Four (4)

You have been appointed as a member of the Evaluation Committee at your organisation. The Committee is made up of five members drawn from different departments from within the company. The Chief Executive of your company is new and wants you as the procurement expert to educate him on what goes on in an evaluation.

Discuss the stages of evaluation for a goods procurement highlighting some common criteria at each stage.                                                

Explain your understanding of the term “Declaration of Interest” in evaluations and its implication.

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