Project contract 5

The overall project deliverables are as follows:

• Update the Key Assignment document title page with the new date and project name.
• Update previously completed sections based on instructor feedback.
• Complete the new content below, and copy it under the sections in the Key Assignment document called Project Procurement Legal Rights & Responsibilities and Project Procurement Closeout.

New content to be inserted is as follows:

1. Project Procurement Legal Rights and Responsibilities
   1. Discuss the legal aspects involved with contract management and closure.
   2. Discuss the process to be used to handle any outstanding issues, claims, and disputes, such as through an alternative dispute resolution (ADR).
   3. Document what might be terms for contract termination by either the seller or buyer.
   4. Outline rights and responsibilities of both the seller and buyer as they relate to procurement closure.
2. Project Procurement Closeout
   1. Determine the acceptance criteria for determining that the project procurement is complete.
   2. Identify the process for obtaining final sign-offs and final payments to close out the contract.
   3. Determine final documentation to be included in the project procurement closure package.
   4. Identify the techniques that will be utilized to elicit lessons learned.
3. Be sure to update your table of contents before submission.