Question: Which of the following is a method for quantifying qualitative data in order to minimize the effects of personal bias on seller selection? A. Weighting

Which of the following is a method for quantifying qualitative data in order to minimize the effects of personal bias on seller selection?

A. Weighting System.

B. Factoring System.

C. Rating System.

D. All of the above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

A water tank heating process shown in Fig. E16.4 controls the outlet temperature at a desired set point T SP by manipulating the steam pressure P S of steam sent to the tank heat exchanger. The steam...

Q:

Test 1. A traditional procurement method for selecting sellers is "lowest cost." What is the PMBOK's term for this method of seller selection? A. Minimum cost possible B. Least cost C. Cheapest...

Q:

Exam 1. A traditional procurement method for selecting sellers is "lowest cost." What is the PMBOK's term for this method of seller selection? A. Minimum cost possible B. Least cost C. Cheapest...

Q:

Test 1. A traditional procurement method for selecting sellers is "lowest cost." What is the PMBOK's term for this method of seller selection? A. Minimum cost possible B. Least cost C. Cheapest...

Q:

Multiple Choice Questions Answer 1. A traditional procurement method for selecting sellers is "lowest cost." What is the PMBOK's term for this method of seller selection? A. Minimum cost possible B....

Q:

Question 14 (4 points) As we discussed, project procurement management can require the use of risk management tools tailored to procurement. Which of the following is not a risk management tool a...

Q:

Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on seller selection? A. Weighting System. B. Screening System. C. Rating...

Q:

25. Is A, B, C, or D - a method(s) for quantifying qualitative data in order to minimize the effects of personal prejudice on seller selections by a buyer? A. Weighting System. B. Factoring System....

Q:

Your organization has recently been awarded an airport construction project. This is a massive project with significant civil, electric, electronic, mechanical and communications works. You are...

Q:

What type of method uses a weighting ranking system for quantifying qualitative data to minimize the effect of personal bias during the process of selecting a seller? Independent estimates Source...

Q:

Exam 1. A traditional procurement method for selecting sellers is "lowest cost." What is the PMBOK's term for this method of seller selection? A. Minimum cost possible B. Least cost C. Cheapest...

Q:

Read Section 213 of your PMBOK Guide textbook which addresses the use of organizational structures in optimizing projects Based on your readings personal experience and perspective as a PM which of...

Q:

What are the recommendations for the WACC and all the ratios and Economic Value added as per the above calculations. Year 2018 2019 2020 EV in % 93.43 73.82 98.09 RE in % 3.63 13.31 23.39 DV in %...

Q:

Asset turnover ratio measures how effectively a company uses assets to generate sales. True Fabe

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...