How do you describe the procurement planning process

Business Finance

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.

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