EC-Council
712-50 · Question #458
An organization wants to purchase a turnkey inventory management system consisting of hardware and software. The organization wants to keep the price low, but its most important criteria are the…
The correct answer is A. Best value. See the full explanation below for the reasoning.
Question
An organization wants to purchase a turnkey inventory management system consisting of hardware and software. The organization wants to keep the price low, but its most important criteria are the experience and capabilities of the contractor. Which procurement method is best for this situation?
Options
- ABest value
- BLowest price technically acceptable (LPTA)
- CCost plus
- DTime and materials
How the community answered
(43 responses)- A74% (32)
- B9% (4)
- C14% (6)
- D2% (1)
Community Discussion
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