Instructions

Write a 700-1,050 word (2-3 page) paper following the APA referencing style 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.

Additional Resources

• A Guide to the Project Management Book of Knowledge (PMBOK) (6th ed.)