AI-Augmented Procurement in Government Exam Questions and Answers

AI-Augmented Procurement in Government certification exam assessment practice question and answer (Q&A) dump including multiple choice questions (MCQ) and objective type questions, with detail explanation and reference available free, helpful to pass the AI-Augmented Procurement in Government exam and earn AI-Augmented Procurement in Government certificate.

Question 1

According to the lesson, which of the following statements is true? (Select one)

A. Electronic Health Records (EHR) failed in their initial goal of making hospitals more efficient.
B. Electronic Health Records (EHR) did make hospitals overall efficient, but at the cost of inefficiency for some workers.
C. Hospitals would be better off without Electronic Health Records (EHR) failed in their initial goal of making hospitals more efficient.
D. Electronic Health Records (EHR) failed because they increased the operating costs for hospitals

Answer

B. Electronic Health Records (EHR) did make hospitals overall efficient, but at the cost of inefficiency for some workers.

Question 2

Following adoption, EHR increased _________ for hospitals, but decreased __________ for physicians.
(select the best fit)

A. Revenue; Earnings
B. Profit Margin; Quality of Life
C. Cost of Care; Quality of Life
D. Return on Assets; Medical Certifications

Answer

B. Profit Margin; Quality of Life

Question 3

What are the overall lessons of EHR adoption? (Select the 3 that apply)

A. Time is more important than revenue
B. Values of the innovator are baked into technologies
C. Technology driven by management will inevitably fail
D. The impact of technologies can be good and bad
E. The impact of technologies can be different for different players

Answer

B. Values of the innovator are baked into technologies
D. The impact of technologies can be good and bad
E. The impact of technologies can be different for different players

Question 4

Approximately how many hours per year could AI and Gen AI save the Federal government?

A. 1400
B. 140000
C. 1.4 million
D. 1.4 billion

Answer

D. 1.4 billion

Question 5

What are the three ways that AI can create value?

A. Assist, Augment, Automate
B. Augment, Automate, Alliterate
C. Automate, Augment, Add
D. Assess, Analyze, Automate

Answer

C. Automate, Augment, Add

Question 6

Why is it important to think about workflows when analyzing the automatability of an organization’s work?

A. Overall totals for an organization can be hard to interpret
B. Organizations tend to view work in workflows not tasks
C. Workflows directly accomplish outcomes in ways that tasks to no
D. All of the Above

Answer

D. All of the Above

Question 7

Why is it important to understand how an AI project creates value?

A. Because different ways of creating value have different metrics of success
B. Because it can help align a project to your overall strategy
C. Because different ways of creating value need different levels of governance
D. All of the Above

Answer

D. All of the Above

Question 8

What are the three levels of AI fluency?

A. Use, Choose, Build
B. Prompt, Purchase, Program
C. Junior, Manager, Executive
D. User, Developer, Programmer

Answer

A. Use, Choose, Build

Question 9

What is the maximum percentage of Gen AI projects that reach production across both government and private industry?

A. 0.42
B. 0.33
C. 0.28
D. 0.11

Answer

C. 0.28

Question 10

While the contracting workforce remained constant, the number of Federal contracting actions ______ between 2013 and 2022.

A. Rose
B. Fell
C. Stayed the Same
D. Varied greatly

Answer

A. Rose

Question 11

Three major trends impacting the federal contracting workforce are:____ (Select all that apply)

A. Increasing workload
B. Increasing centralization
C. Increasing budgets
D. Increasing number of contract types and tools available
E. Increasing workforce

Answer

A. Increasing workload
B. Increasing centralization
D. Increasing number of contract types and tools available

Question 12

The results of increasing use of OTAs have been mixed in part because:

A. Traditional vendors still account for the majority of spending
B. Costs have increased
C. New prototype technologies have not been forthcoming
D. No new vendors have been attracted

Answer

A. Traditional vendors still account for the majority of spending

Question 13

What are the key trade-offs between efficiency and patient satisfaction when adopting healthcare technology?

A. Increasing costs with improved patient outcomes
B. Reducing patient involvement in health decisions
C. Balancing technological speed with personalized patient care
D. Enhancing data security at the expense of data accessibility

Answer

C. Balancing technological speed with personalized patient care

Explanation

Evaluating how speed can impact personalization is crucial in healthcare technology adoption.

Question 14

Considering the challenges in government procurement, what is a primary reason for the need for transformation?

A. Lack of technology to support procurement activities
B. Complex regulations and bureaucratic processes
C. High costs associated with procurement training
D. Limited availability of procurement professionals

Answer

B. Complex regulations and bureaucratic processes

Explanation

Complex regulations and excessive bureaucratic processes can hinder efficiency in procurement. Analyzing these challenges can help identify areas for transformation.

Question 15

How can AI transform government procurement processes to enhance efficiency and transparency?

A. By automating repetitive tasks and providing data-driven insights for decision making.
B. By enforcing stricter regulations for all procurement processes.
C. By centralizing all procurement activities under a single government authority.
D. By completely replacing human judgment with automated decision systems.

Answer

A. By automating repetitive tasks and providing data-driven insights for decision making.

Explanation

Automating tasks and providing insights are key ways AI enhances procurement efficiency and transparency.

Question 16

In the context of AI-Augmented Procurement, which of the following statements best describes the role of AI in decision-making processes within government procurement?

A. AI primarily functions as a tool for automating back-office tasks, with little impact on strategic decision-making.
B. AI replaces human decision-makers entirely, making autonomous procurement decisions without oversight.
C. AI provides data-driven insights to enhance decision-making and streamline procurement processes.
D. AI minimizes the need for transparency by automating complex procurement processes.

Answer

C. AI provides data-driven insights to enhance decision-making and streamline procurement processes.

Explanation

AI is increasingly important in government procurement, offering data-driven insights that help enhance decision-making and streamline processes. Continue exploring how AI can optimize procurement strategies.

Question 17

Which of the following is a way AI can enhance workflows in government procurement?

A. AI can diversify supply chains by introducing new suppliers.
B. AI can create hierarchical organizational structures to improve workflow.
C. AI can increase procurement costs by investing in advanced technologies.
D. AI can automate administrative tasks, freeing up human resources for strategic roles.

Answer

D. AI can automate administrative tasks, freeing up human resources for strategic roles.

Explanation

Automating routine tasks allows humans to focus on more strategic and valuable activities.

Question 18

What role do workflows play in creating organizational value within a government procurement setting?

A. Workflows reduce the need for skilled labor, thus lowering salaries and wages.
B. Workflows generate new sources of revenue by increasing market share.
C. Workflows ensure compliance with industry standards and regulations.
D. Workflows streamline processes and increase efficiency, leading to cost savings.

Answer

D. Workflows streamline processes and increase efficiency, leading to cost savings.

Explanation

Streamlining processes is a key advantage of effective workflows, contributing to organizational value through cost savings.

Question 19

What are the dynamics of government procurement that influence the incentives of key players involved?

A. The transparency of supplier performance metrics to government agencies.
B. The strict budget constraints imposed on all government projects.
C. The uniformity of procurement processes across all government agencies.
D. The balance of power between government agencies and suppliers, affecting negotiation leverage.

Answer

D. The balance of power between government agencies and suppliers, affecting negotiation leverage.

Explanation

The balance of power plays a significant role in shaping the incentives and strategies of key players in procurement.

Question 20

Government procurement processes often face various challenges. One of these challenges is maintaining transparency in the procurement process. Which of the following practices is most likely to improve transparency in government procurement?

A. Awarding contracts based on personal recommendations
B. Implementing open and competitive bidding processes
C. Using closed and selective tendering procedures
D. Limiting the number of vendors to streamline decision-making

Answer

B. Implementing open and competitive bidding processes

Explanation

Open and competitive bidding processes enhance transparency by allowing multiple vendors to participate and submit bids publicly. This reduces the chances of corruption and favoritism. Keep exploring how transparency impacts procurement.

Question 21

When measuring success in AI initiatives based on organizational goals, which factor is the most crucial to consider?

A. The speed of AI adoption
B. Alignment of AI objectives with strategic goals
C. The number of AI tools deployed
D. Employee satisfaction with AI tools

Answer

B. Alignment of AI objectives with strategic goals

Explanation

Aligning AI objectives with strategic goals ensures that the initiatives support the broader aims of the organization. Keep linking AI developments to strategic priorities for impactful results.

Question 22

What are the primary benefits of utilizing electronic health records (EHRs) in healthcare delivery?

A. Improved patient safety and care coordination
B. Limited access to patient data
C. Increased administrative workload
D. Higher healthcare costs

Answer

A. Improved patient safety and care coordination

Explanation

EHRs enhance patient safety by reducing errors and improve care coordination among healthcare providers.