The main goal of a procurement life cycle is to manage the entire process of acquiring goods and services efficiently and compliantly. This helps to make sure that the acquisition of goods and services is managed systematically, optimizing costs and ensuring compliance with policies. This includes identifying needs, selecting suppliers and maintaining proper records throughout the process.
The other options do not comprehensively represent the objectives of a procurement life cycle.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What are the key stages of a procurement life cycle?
Open an interactive chat with Bash
How does a procurement life cycle ensure compliance?
Open an interactive chat with Bash
What is the role of cost optimization in a procurement life cycle?
Open an interactive chat with Bash
CompTIA A+ 220-1102 (V14)
Operational Procedures
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Pass with Confidence.
IT & Cybersecurity Package
You have hit the limits of our free tier, become a Premium Member today for unlimited access.
Military, Healthcare worker, Gov. employee or Teacher? See if you qualify for a Community Discount.
Monthly
$19.99
$19.99/mo
Billed monthly, Cancel any time.
3 Month Pass
$44.99
$14.99/mo
One time purchase of $44.99, Does not auto-renew.
MOST POPULAR
Annual Pass
$119.99
$9.99/mo
One time purchase of $119.99, Does not auto-renew.
BEST DEAL
Lifetime Pass
$189.99
One time purchase, Good for life.
What You Get
All IT & Cybersecurity Package plans include the following perks and exams .