Business Finance - Management QSO 349 Homework ( week 5 )

QSO 349 Milestone Three Guidelines and Rubric

In Module Five, you will submit a summary of procurement principles, summarizing the key principles of value for money, ethics, competition, transparency, and accountability and discussing how a professional procurement process satisfies those principles. You will then apply this knowledge to evaluate the contracting decisions made in your selected case study, following the critical elements in Section V of the final project (repeated below).

Specifically, the following critical elements must be addressed in your analysis:

V. Procurement in Practice a. Summarize the key principles of value for money, ethics, competition, transparency, and accountability. b. Discuss the importance of the key principles in effective procurement. c. Evaluate the contracting decisions described in the case study for the extent to which they satisfy key procurement principles of value for

money, ethics, competition, transparency, and accountability (i.e., the field situations, situational decision making, etc.).

Guidelines for Submission: The procurement regulations and source selection document should be two to four pages in length, and must be written in APA

format. Use double spacing, 12-point Times New Roman font, and one-inch margins.

Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value

Procurement in Practice: Summary of Key Principles

Accurately summarizes the key principles of value for money, ethics, competition, transparency, and accountability

Summarizes the key principles of value for money, ethics, competition, transparency, and accountability, but with gaps in accuracy

Does not summarize the key principles of value for money, ethics, competition, transparency, and accountability

30

Procurement in Practice: Importance

Comprehensively discusses the importance of the key principles of value for money, ethics, competition, transparency, and accountability in effective procurement

Discusses the importance of the key principles of value for money, ethics, competition, transparency, and accountability, but does not relate to effective procurement

Does not discuss the importance of the key principles of value for money, ethics, competition, transparency, and accountability in effective procurement

25

Procurement in Practice: Evaluation of Contracting

Decisions

Comprehensively evaluates contracting decisions described in the case study for the extent to which they satisfy key procurement principles

Evaluates contracting decisions described in the case study, but does not address the extent to which they satisfy key procurement principles

Does not evaluate contracting decisions described in the case study

25

Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

20

Earned Total 100%