The Complete Procurement Management Process
NOTE: This option will focus on procurement from the procurement management perspective and will include discussion and analysis of project management. You may want to select this option if you are not getting a degree in Project Management.
For this option, write a paper presenting a complete procurement management process for an organization of your choosing. The paper will be based on the procurement practices of an organization you have researched.
The elements you must include are:
Requirements – Planning the Procurement
Requisitions – Conducting the Procurement
Solicitations – Requesting Seller Response
Awards – Selecting Sellers
Administration
Contracts, Incentives, and Risks
Quality and Closure
You are building on the work you’ve completed in the discussion forums and Critical Thinking Assignments. Be sure to incorporate feedback you have received along the way.
