Wk 3 - Procurement Planning Paper

Write a 1,050- to 1,400-word paper in which you do the following:

· Describe the project procurement planning process.

· Identify the most valuable output of the plan procurement process and explain why you believe it is most valuable.

· Explain the various contract types and describe who--buyer or seller--has the most risk for each contract type.

· Explain methods that can be used to mitigate the risks for each contract type.

· Develop a project monitoring process to track procurement orders for the project.

· Describe a source selection criterion that would be applicable to any project.

· Analyze the ethical concerns that should be considered when identifying source selection criteria.

· Explain the role of risk management in the procurement planning process.

Format your paper consistent with APA guidelines.