Advance purchasing management


Question 1: Describe the main objective of Purchasing and how can Purchasing be a Profit Centre?

Question 2: Purchase Order is the most significant document and has legal sanctity. Do you agree? What are the common terms and conditions of a P.O.?

Question 3: What do you mean by the term negotiation? What are the potential areas for negotiations?

Question 4:

a) What are the various tasks for computerization in Purchasing? What are the advantages of computerization?
b) What do you mean by the term competitive Bidding?

Question 5:

a) What are different types of Project Organization? Describe in brief each with its merits.
b) Take any Project of your choice and in brief bring out the factors that you will consider to modernize the same?

Question 6:

a) Describe the process and methods used in:

i) Quality Planning
ii)Quality Assurance
iii) Quality Control in projects

b) What is the fundamental difference in ISO 9000 series & ISO 14000 series standards?

Question 7: Write brief Notes on the following:

a) Network Diagram.
b) Precedence Diagram Method (PDM).
c) Project Planning as a Value Added Activity and Project Planning Process.

Question 8:

a) Describe difference between PERT and CPM.
b) What are three different stages of Project Management?
c) Explain the advantage of Planning by Network Analysis?

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