unit 1 ip plan procurement management
Overview
Project contract and procurement management involves making a decision to outsource work, developing a statement of work, submitting a request for proposal, awarding the contract, and then managing the procurement until contract completion. Having a detailed procurement plan lowers the risk of nonfulfillment of contracted work. In this class, you are to develop a Contract and Procurement Plan that identifies planning and execution components from developing the statement of work through the final contract delivery. You will select a project that you may have developed in a previous class or a known project in your organization to create this plan for.
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Order Paper NowThroughout this course, you will be working on developing several components of the final Key Assignment. Additional information and the deliverables for each Individual Project (IP) will be provided in the assignment description for this project.
In this first Individual Project, you are asked to develop the outline of the sections that will be included in the Contract and Procurement Plan document, as well as a draft of a proposal to submit to your instructor. The other information you will include is a high-level description of the project that you will be conducting the project procurements for.
You will also be setting up the final Key Assignment outline that you will add to each week. The combined IP assignments will be your final Key Assignment deliverable.
Project Selection
The first step will be to select a project for which you wish to develop a Contract and Procurement Plan. This project will be used as the basis for each of the assignments throughout the course and should conform to the following guidelines:
- Nontrivial: The selected project candidate should reflect a real-life project.
- Domain knowledge: You will be applying knowledge of this project to address assignments related to purchasing products or services outside the project team work, which requires the fulfillment of terms laid out in a contract.
Select a project that fits these requirements, and submit your proposal to your instructor before proceeding further with the assignments in the course. Approval should be sought within the first few days of the course. Your instructor will tell you how to submit this proposal and what notification will be given for project approval.
Assignment
Your first task in this process will be to select a project to use as the basis of your Key Assignment. You will also create the shell document for the final Key Assignment document deliverable that you will be working on throughout the course. As you proceed through each phase of the project, you will add content to each section of the final document to gradually complete the final project delivery, which is the Contract and Procurement Plan.
The project deliverables are as follows:
- Submit your project proposal to your instructor for approval.
- Contract and Procurement Plan document shell
- Use Microsoft Word
- Title Page
- Course number and name
- Project name
- Your name
- Date
- Table of Contents
- Use autogenerated TOC
- Should be a separate page
- Maximum of 3 levels deep
- Update the fields of the TOC so it is up-to-date before submitting your project
- Section Headings (Create each heading on a new page with “TBD” as the content except for sections listed under “New Content” below.)
- Project Outline
- Make-or-Buy Analysis
- Contract Type Selection
- Request for Proposal (RFP)
- Statement of Work (SOW)
- Source Selection Criteria
- Procurement Contract Award
- Procurement Risks
- Procurement Management Process
- Contract Administration Process
- Change Control Process
- Quality Control Plan
- Performance Reporting Plan
- Project Procurement Legal Rights and Responsibilities
- Project Procurement Closeout
- New Content (to be Inserted in document shell)
- Project Outline
- Give a brief description of the project.
- Material taken from approved proposal submitted to instructor will serve as the draft for the proposal.
- Project must be approved by the instructor.
- Make-or-Buy Analysis
- Discuss why the procurement portion of the selected project is going to be sourced out (or bought).
- Discuss the pros and cons of making (or keeping within the project team) versus outsourcing.
- Include a financial and schedule deadline justification.
- Contract Type Selection
- Discuss the pros and cons of at least 3 contract types for this project.
- Identify the final contract type selected, with a justification.
- Project Outline
- Name the document “LastName_FirstName_MPM346_IP1.doc”
- Submit the document for grading.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials.
Other Information
Instructions:
Please use the template located under LEARNING MATERIALS -> UNIT 1 IP
ALL IP’S ARE TO BE SUBMITTED INCREMENTALLY EXCEPT FOR IP5