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Question:
 
Procurement Planning Paper
 
Resources: Ch. 12 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide)
 
Write a 1,050- to 1,400-word paper in which you do the following:
 
· Describe the project procurement planning process. See Section 12.1 in the PMBOK® Guide.
 
· Identify the most valuable output of the plan procurement process and explain why you believe it is most valuable.
 
· Explain the various contract types and describe who—buyer or seller—has the most at risk for each contract type.
 
· Describe a source selection criterion that would be applicable to any project and identify three criteria that would apply to most projects. See Section 12.1.3.5 in the PMBOK®
 
Guide.
 
· Analyze the ethical concerns that should be considered when identifying source selection criteria.
 
· Explain the role of risk management in the procurement planning process.
 
Post as a MS Word attachment in APA format by Day 7 (Monday) to your Assignments Section.
 
[NOTE: The Written Assignments Grading Criteria applies to this paper – see those under the Course Materials Forum]

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