#1 Assignment Objectives Explain the bid and proposal process to include preparing RFP requirements, preparing a proposal, responding to and evaluating bids, and contract formation. Explain the use of contracting and procurement in project management, with a focus on understanding specialized contracting terms, defining proposal strategies, and evaluating proposal strengths and weaknesses 400 words Sometimes, the best solution in accomplishing work or acquiring a component required for a project is to procure to outside sources. Some of the pros for opting for an outside source might include the ability to deliver a better product because the source may have expertise or it may take the outside source less time than it would take if completed in-house. Some of the cons, however, are that there may be non-delivery, or specifications may not be met. Selecting the best provider or seller and having a contract with complete terms and conditions are a few of the best ways to accomplish a successful procurement experience. You will be evaluating different types of contracts for a potential project deliverable that you intend to procure as part of an overall project you will be selecting in the Individual Project for this week. Research at least 2 sources (which may include your textbook) to support your response. •Compare and contrast all of the types of contract listed in the PMBOK® Guide. •In your opinion, which is the best type of contract? Why? •What criteria would you use to determine whether it is better to contract out the work or develop it internally as part of the project? #2 Assignment Objectives Explain the bid and proposal process to include preparing RFP requirements, preparing a proposal, responding to and evaluating bids, and contract formation. Explain the use of contracting and procurement in project management, with a focus on understanding specialized contracting terms, defining proposal strategies, and evaluating proposal strengths and weaknesses 2000 words 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 procurements until contract completion. Having a detailed procurement plan lowers the risk for nonfulfillment of contracted work. In this class, you are asked 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. Throughout this course, you will be working on developing several components of the final Key Assignment. Additional information and the deliverables for each Individual Project will be provided in the assignment description for this project. In this first Individual Project, you are asked to develop ...

1. #1 Assignment Objectives
Explain the bid and proposal process to include preparing RFP
requirements, preparing a proposal, responding to and
evaluating bids, and contract formation.
Explain the use of contracting and procurement in project
management, with a focus on understanding specialized
contracting terms, defining proposal strategies, and evaluating
proposal strengths and weaknesses
400 words
Sometimes, the best solution in accomplishing work or
acquiring a component required for a project is to procure to
outside sources. Some of the pros for opting for an outside
source might include the ability to deliver a better product
because the source may have expertise or it may take the
outside source less time than it would take if completed in-
house. Some of the cons, however, are that there may be non-
delivery, or specifications may not be met. Selecting the best
provider or seller and having a contract with complete terms
and conditions are a few of the best ways to accomplish a
successful procurement experience. You will be evaluating
different types of contracts for a potential project deliverable
that you intend to procure as part of an overall project you will
be selecting in the Individual Project for this week.
Research at least 2 sources (which may include your textbook)
to support your response.
•Compare and contrast all of the types of contract listed in the
PMBOK® Guide.
•In your opinion, which is the best type of contract? Why?
•What criteria would you use to determine whether it is better to
contract out the work or develop it internally as part of the
project?
#2 Assignment Objectives
Explain the bid and proposal process to include preparing RFP

2. requirements, preparing a proposal, responding to and
evaluating bids, and contract formation.
Explain the use of contracting and procurement in project
management, with a focus on understanding specialized
contracting terms, defining proposal strategies, and evaluating
proposal strengths and weaknesses
2000 words
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 procurements until contract completion.
Having a detailed procurement plan lowers the risk for
nonfulfillment of contracted work. In this class, you are asked
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.
Throughout this course, you will be working on developing
several components of the final Key Assignment. Additional
information and the deliverables for each Individual Project 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 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 Individual

3. Project (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 fit 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 project 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 &
Procurement Management Plan.
The project deliverables are as follows:
1.Submit your project proposal to instructor for approval.

4. 2.Contract & Procurement Management Plan Document Shell
◦Use Microsoft Word
◦Title Page
i.Course number and name
ii.Project name
iii.Your name
iv.Date
◦Table of Contents i.Use auto-generated TOC
ii.Separate page
iii.Maximum of 3 levels deep
iv.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 content except for sections listed under New Content
below.) i.Project outline
ii.Make or buy analysis
iii.Contract type selection
iv.Request for proposal (RFP)
v.Statement of work (SOW)
vi.Source selection criteria
vii.Procurement contract award
viii.Procurement risks
ix.Procurement management process
x.Contract administration process
xi.Change control process
xii.Quality control plan
xiii.Performance reporting plan
xiv.Project procurement legal rights & responsibilities
xv.Project procurement closeout
3.New Content to be Inserted in Above Shell ◦Project Outline
i.Brief description of the project
ii.Material taken from approved proposal submitted to instructor
will serve as the draft for the proposal

5. iii.Project must be approved by the instructor
◦Make or Buy Analysis i.Discuss why the procurement portion
of the selected project is going to be sourced out (or buy).
ii.Discuss pros and cons of making (or keeping within the
project team to do) versus sourcing out.
iii.Include a financial and schedule deadline justification.
◦Contract Type Selection i.Discuss the pros and cons of at least
3 contract types for this project.
ii.Identify the final contract type selected with a justification.
#3Assignment Objectives
Explain the bid and proposal process to include preparing RFP
requirements, preparing a proposal, responding to and
evaluating bids, and contract formation
400 words
Now that a decision has been made to outsource, there are a few
steps before the work commences. First, it is recommended that
at least 3 different vendors are solicited with a request for
proposal (RFP). This RFP should include scope of the project
and proposed time, along with other important sections. The
statement of work will thoroughly outline all of the work you
are requesting of the selected RFP. You will be researching
templates for both the RFP and the statement of work that work
best for your selected project.
Primary Task Response: Within the Discussion Board area,
write 350–600 words that respond to the following questions
with your thoughts, ideas, and comments. This will be the
foundation for future discussions by your classmates. Be
substantive and clear, and use examples to reinforce your ideas.

6. Research at least 2 sources (which may include your textbook)
to support your response.
•Research and present at least 2 templates for request for
proposal (RFP) that most closely align with your Key
Assignment project.
•Research and present at least 2 templates for statement of work
(SOW) that most closely aligns with your Key Assignment
project.
•Research and present at least 2 templates for procurement
contract award that most closely aligns with your Key
Assignment project.
•Why is using standard templates for the statement of work,
RFP, and procurement contract award so important?
Be sure to include an introduction and conclusion as well. Be
sure to also include your references (in APA format).
#4 Assignment Objectives
Explain the bid and proposal process to include preparing RFP
requirements, preparing a proposal, responding to and
evaluating bids, and contract formation.
800 words
For this assignment, you will select the best RFP, SOW
template, and procurement contract award template that you
researched in the Discussion Board. You should have at least 6
sections in each of the templates. Your next task is to fill in all
of your relevant project information in each of the templates.
For the compilation of your source selection criteria, you may
use similar to the following table or matrix:
Deliverables
The overall project deliverables are as follows:
•Update the Key Assignment document title page with the new
date and project name.
•Update previously completed sections based on instructor
feedback.

7. •Complete new content below, and copy it under the sections in
Key Assignment document called Request for Proposal,
Statement of Work, and Source Selection Criteria.
New content to be inserted is as follows:
1.Request For Proposal (RFP) i.Fill in all of the sections in the
selected RFP with sufficient detail.
ii.Prepare a brief letter to be sent with the RFP explaining why
you are sending it to the specific vendors.
iii.Build a list of at least 3 real or fictitious vendors.
2.Statement of Work (SOW) i.Fill in all of the sections in the
selected SOW with sufficient detail.
3.Source Selection Criteria i.Construct a selection criteria
matrix similar to the example with at least 6 or more criteria in
the first column to effectively rate your 3 vendors or suppliers.
ii.Fill in the names of each of the vendors across the top.
iii.Determine how you will rank them (e.g., 3 = high
probability, 2 = good probability, and 1 = low probability) to
allow you to tally these up for an overall ranking.
#5 Assignment Objectives
Demonstrate the ability to monitor the work of contractors and
thereby manage major contracts for projects from initial
planning through contract closeout.
Explain the bid and proposal process to include preparing RFP
requirements, preparing a proposal, responding to and
evaluating bids, and contract formation.
400 words
Many risks exist with work that is outsourced. In fact, the risks
may be greater because you do not have control over the
resources as you would for a project you are managing
internally. To help reduce these risks, you should establish
monitoring and control processes and procedures. They should
cover the work being delivered by the vendor per the contract
and tracking of the progress against the overall schedule.
Research at least 2 sources (which may include your textbook)

8. to support your response.
•Identify at least 4 potential overall risks that you can
experience in the execution of the contract.
•What tools and techniques will you use to manage your
relationship with the seller or vendor?
•What tasks should be added to the project plan to track
progress from a project management point of view?
Write 2 more paragraphs that are an introduction and conclusion
to this topic. Be sure to include your references, which should
follow APA format.
#6 Assignment Objectives
Address contract and procurement management issues,
including contract close out and conflict management
methodologies as they relate to projects.
800 words
Assignment:
For this assignment, you will expand upon what you started in
the Discussion Board. You will expand on the risks identified in
the Discussion Board, and describe how you will prevent or
mitigate them. For the procurement management process, you
will update your project schedule to include the extra tasks
related to this work and develop a contingency budget
component. For the contract administration process, you will
supply the details for how you will manage the overall contract
process, and define your relationship with the vendor doing the
work including checkpoints and payments.
1.New Content to be Inserted in Above Shell ◦Procurement
Contract Award i.Complete award letter
◦Procurement Risks
i.Provide the list of risks related to the procured or contracted
work.

9. ii.Rate the risks according to likelihood and impact.
iii.Include the mitigation strategy for each.
iv.Include potential cost of each if it occurs.
◦Procurement Management Process
i.Update the existing schedule or plan to include the additional
tasks related to the deliverable that is now outsourced.
ii.Update the contingency budget to include additional costs that
may be related to resolving risks.
iii.Design the overall communications process related
specifically to the procured work.
◦Contract Administration Process
i.Determine the communications process through status
meetings, how often they occur, and what information will be
supplied.
ii.Describe each of the checkpoints and what reviews and sign
offs will take place.
iii.Identify the roles and responsibilities of both the vendor
(seller) and the project manager (buyer).
iv.When problems arise, describe in detail what the process will
be to solve them.
# 7 Assignment Objectives
Address contract and procurement management issues,
including contract close out and conflict management
methodologies as they relate to projects.
100 words
#8 Assignment Objectives
Address contract and procurement management issues,
including contract close out and conflict management
methodologies as they relate to projects.

10. 800 words
For this assignment, you will further enhance your overall
Contract and Procurement Management Plan or Key Assignment
by adding in a section for change control, quality control, and
overall performance reporting. Addressing these up-front adds
to the chances for a successful execution of this project.
1.New Content to be Inserted in Above Shell ◦Change Control
Process
i.Describe how a change is submitted and a sample change
request form.
ii.Identify who has control over the review and approval process
for the change.
iii.Discuss how this change is submitted to the vendor for sizing
and estimate of the cost.
◦Quality Control Plan
i.Identify how the outsourced or procured work will be
inspected/verified, and by whom.
ii.Discuss the process if the work is rejected due to
noncompliance with requirements.
◦Performance Reporting Plan
i.Identify specific reports that will be utilized to track
performance of this deliverable and in relation to whole
schedule.
ii.Provide mock-ups of the reports (these can be reports that are
generated by Microsoft Project).
iii.Determine how often and who will receive the reports.
#9 Assignment Objectives
300 words
Summative Discussion Board
Review and reflect on the knowledge you have gained from this
course. Based on your review and reflection, write at least 3
paragraphs on the following:
•What were the most compelling topics learned in this course?
•How did participating in discussions help your understanding

11. of the subject matter? Is anything still unclear that could be
clarified?
•What approaches could have yielded additional valuable
information?
Assignment Objectives #10
800 words
In the previous weeks, you selected a project to develop your
Contract and Procurement Management Plan Key Assignment
around. In Week 1, you provided compelling documentation on
make versus buy, which led to determining a contract type that
you would outsource the work with. In Week 2, you developed a
detailed statement of work, included it in a formal RFP, and
developed the section criteria to select the source the contract
would be awarded to. In Week 3, you evaluated all of the risks
involved with procuring out this work, and determined what the
overall management and contract administration processes
would be. In Week 4, you implemented processes for change
control and quality control to reduce some of the risks
identified in Week 3.
At this point, you are planning for procurement closure, which
includes attention being given to the legal aspects, rights, and
responsibilities as well as all of the closure activities. In the
final week, you are also revising the Key Assignment draft
document based on feedback from your instructor and peer.
Deliverables:
The overall project deliverables are as follows:
1.Update previously completed sections based on instructor
feedback.
2.Complete new content below, and copy it under the
appropriate sections in Key Assignment Document called

12. Project Procurement Legal Rights & Responsibilities and
Project Procurement Closeout. ◦New Content ◾Project
Procurement Legal Rights, & Responsibilities
i.Discuss legal aspects involved with contract management and
closure.
ii.Discuss the process to be used to handle any outstanding
issues, claims, and disputes such as through an alternative
dispute resolution (ADR).
iii.Document what might be terms for contract termination by
either the seller or buyer.
iv.Outline rights and responsibilities of both the seller and
buyer as they relate to procurement closure.
◾Project Procurement Closeout
i.Determine the acceptance criteria for determining that the
project procurement is complete.
ii.Identify process for obtaining final sign-offs and final
payments to close out the contract.
iii.Determine final documentation to be included in the project
procurement closure package.
iv.Identify the techniques that will be utilized to elicit lessons
learned.
3.Update the Key Assignment title page with new date and
project name.
4.Update previously completed sections based on instructor
feedback.
5.Be sure to update your table of contents before submission.