Preview Questions Procurement Manager | Role Specific Skill

Question 1: What is the key factor to consider when planning procurement for specialized construction materials that are not readily available in the market?

Which action should you take?

Choose only one option

Supplier's historical performance

Cost of materials and freight

Supplier's experience in the industry

Material availability and production lead time

Question 2: How should a procurement manager decide on the appropriate level of inventory for long lead-time materials?

Which action should you take?

Choose only one option

Use historical data to predict future demand

Order based on the supplier's minimum order quantity

Order based on the maximum project phase schedule

Set inventory levels based on safety stock levels

Question 3: What is the best approach for dealing with supply chain bottlenecks in the construction industry?

Which action should you take?

Choose only one option

Identify and eliminate the bottleneck through process optimization

Adjust project scheduling to accommodate delays

Outsource all critical tasks to third-party providers

Increase lead times for all suppliers to avoid delays

Question 4: What is the optimal way to reduce stockouts in a construction project with multiple suppliers?

Which action should you take?

Choose only one option

Standardize material specifications for all suppliers

Increase safety stock for critical materials

Negotiate flexible delivery terms with suppliers

Use automated inventory tracking systems

Question 5: In the construction procurement process, how does due diligence help in minimizing compliance risks?

Which action should you take?

Choose only one option

By verifying that construction standards are met during production

By ensuring that suppliers provide detailed invoices

By validating supplier certifications and financial health

By evaluating the supplier's historical performance

Question 6: What is the best way to manage contractual risks when procuring construction services for a new building project?

Which action should you take?

Choose only one option

By negotiating strict penalties for delays

By assessing the risk profile of each supplier

By using standard contracts with no negotiation

By including force majeure clauses in all contracts