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Question 284 - CCBA discussion

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Bonny is the business analyst for her organization and she's making a determination from which vendor the solution should be purchased. She has identified several categories to measure each vendor's overall performance and solution. cost, schedule, experience, certification, references, and years in business. For each category, she has identified scores the vendor may earn; for example, cost is worth 25 points, schedule is worth up to 20 points, and years in business is worth up to ten points.

The vendor who gets the most points in the assessment will win the contract. What is Bonny using in this scenario?

A.
Scoring model
Answers
A.
Scoring model
B.
Vendor profile assessment scale
Answers
B.
Vendor profile assessment scale
C.
Weighted scoring model
Answers
C.
Weighted scoring model
D.
Screening system
Answers
D.
Screening system
Suggested answer: C

Explanation:

This is an example of a weighted scoring model; as some categories are more valued than others, they carry more weight in the decision.

Answer D is incorrect. A screening system is a method to "screen out" a vendor from selection.

Answer A is incorrect. A scoring model is almost correct, but this usually has a uniform score for each category, rather than weighted values for each category.

Answer B is incorrect. This isn't a valid term for this Question so this choice is not correct.

asked 18/09/2024
Mohamed Iftiquar Aslam Hameed
37 questions
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