Explain the Process for Conducting and Closing Procurements
Write ;a 1,400- to 1,750-word paper in which you explain the process for conducting and closing procurements. Include the following: ;
- Outline and explain high-level process steps for conducting project procurements.
- Outline and explain contract administration policies and procedures. ;
- Describe tools and techniques for the contract administration process, including the following: ;
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- Contract change control process
- Procurement performance reviews
- Inspections and audits
- Performance reporting
- Payment process (n/30, n/60, and so forth)
- Records management system (RMS) ;
- Describe conflict resolution techniques used while managing contractual relationships. ;
- Outline steps to be taken to close out project procurements. ;
- Explain the importance of closing project procurements and accounts. ;
- Examine external influences on the procurement and risk management process. ;
- Analyze the relationship between the risk response plan and the external influences. ;
Format ;your paper ;consistent with APA guidelines. Plagiarism less than 5% include all references and websites. Grammar and punctuation check along with sentence structure.
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