MBA6235 – Assessment 2, Procurement management plan
MBA6235 Procurement.Note: You will use the same project that you selected for your work in Assessment 2 as the basis for your procurement management plan in this assessment.Using the same project that you selected for your work in Assessment 2 as the basis, develop a procurement management plan in which you complete the following:1.2. 3. Write a summary description of your project.Propose best practices to improve at least three of the followingprocurement processes, and explain why your proposedimprovements would make procurement more effective.1. Planning. 2. Conducting. 3. Administering. 4. Closing. Describe and justify the activities and processes required toprocure goods and services.1. List the roles and responsibilities of the project manager ineach procurement process. 4. Assess the impact of project constraints on procurement. 5. Establish a plan for reporting and recording progress on theproject.1. 6. Determine when corrective action or escalation proceduresare required. Determine the terms and conditions of procurement contracts,including any other items needed in the contracts to ensure thatthe buyer receives from the vendor what is required. 7. 8. Create a vendor contract closeout audit form for your chosenproject. Note: You may use your company’s contract closeout auditform/template, if you have permission to do so.1. Include critical requirements and criteria relating to price,schedule, delivery, quality, and other important issues. The listof closeout criteria should measure overall vendorperformance and contractual compliance. 2. Ensure that you include a vendor recommendation sectionso management knows whether you would recommend thevendor(s) for future procurement. Justify your recommendedselections to the CFO. Include any additional checklists and forms that can be used forfuture projects to make the procurement process more effective. Itis important to maintain all project closeout documents andlessons learned for future projects and continuous improvement. Additional Requirements Your procurement management plan should be 10–15 pages in length, doublespaced.Provide references for support. References and citations must adhere to APA sixth edition style and formatting.