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CIPS Exam L4M6 Topic 10 Question 51 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 51
Topic #: 10
[All L4M6 Questions]

Danny is procuring a new IT software, which he doesn't know much about. He has done a bit of research on the internet but is still unsure how much he can expect to pay. What should be Danny's next step?

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Suggested Answer: A

Danny should issue a RFI (Request for Information). His next step would be to find out more about the products available by asking suppliers for information- this will help him put a spec together before he goes out to tender. The other options mean; RFQ - request for quotation- when you ask suppliers to submit a price. ITT- Invitation to tender -- a document you send out to suppliers which details all the information about the tender (this usually involves both price and quality components of assessment). OJEU- Official Journal of the European Union- where tenders for the Public Sector are published. For more info on RFI see p.74


Contribute your Thoughts:

Dino
2 months ago
RFI, RFQ, ITT... it's like a secret language of procurement! Danny should just ask the software vendor directly, 'How much for this thing?'
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Iola
2 months ago
ITT? More like 'I'm Totally Terrified' of this software purchase. RFQ is the way to go, my friend.
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Latrice
2 months ago
OJEU? What is this, a secret code? I'd go with the RFQ. Keep it simple, Danny!
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Novella
24 days ago
Danny, go with the RFQ for now. It's a straightforward way to get pricing details.
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Agustin
25 days ago
OJEU stands for Official Journal of the European Union. It's a more formal procurement process.
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Rosenda
28 days ago
RFQ stands for Request for Quotation. It's a good option for getting pricing information.
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Lina
2 months ago
I think Danny should also consider issuing a RFI to gather more general information about the software before requesting specific pricing.
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Vinnie
2 months ago
Danny should definitely go for the RFI. That way, he can gather more information about the software before making any decisions. It's the smart move.
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Aleta
2 months ago
Gregoria: Definitely, it's the smart move to gather all the necessary information first.
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Gregoria
2 months ago
I agree, issuing a RFI is a good way to understand the software before making a decision.
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Leanna
2 months ago
Danny, you should issue a RFI to gather more information about the software.
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Gail
3 months ago
I agree with Mickie, issuing a RFQ will help Danny compare prices from different vendors.
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Mickie
3 months ago
Danny should issue a RFQ to get specific pricing information.
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Ethan
3 months ago
I think Danny should issue a RFQ to get a better understanding of the pricing and options for the IT software. That's the way to go!
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Lenna
2 months ago
It's important for Danny to gather as much information as possible before making a decision.
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Melita
2 months ago
RFQ will definitely help Danny get a clearer picture of the costs involved.
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Katheryn
2 months ago
I agree, issuing a RFQ is the best way to go when procuring new software.
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Sylvia
2 months ago
Danny should issue a RFQ to get a better understanding of the pricing and options for the IT software.
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Vincent
2 months ago
Yes, a RFQ is definitely the next step for Danny to take in order to gather more information about the IT software.
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Gladys
2 months ago
I agree, issuing a RFQ will help Danny get a clearer picture of the pricing and options available.
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