Risk Assessment Continuation

Procedure

1.    Review the results of the project that you worked with in the previous modules.

2.    Assemble the following:

§  Project scope statement.

§  Project product or service description.

§  Outsourcing market conditions (types of contractors you will need).

§  Any constraints or assumptions to your project that affect solicitation planning.

1.    Assume you examined the cost benefits of a "make or buy" decision and have decided to outsource.

2.    Create a procurement management plan to include the following:

§  Best types of contracts for your project.

§  How estimates will be obtained from vendors.

§  Operating procedures between the project team and the contracting office (or procurement office). This will include who initiates the purchase request, which office handles the purchase orders, invoicing, etc.