Management

Use at least one project of which you have been a team member or a project manager as an example to describe the topics below: The following topics must be included in order for the paper to be complete: • Summarize the concepts of procurement and contract management and the importance to the business world. • Evaluate RFP selection tools and how to improve the assessment of proposals. • Summarize the concept of procurement planning and evaluate the various strategies necessary for project success. • Assess how to select the most qualified vendor in a proposal. • Appraise the contract and in particular, the legal aspects of procurement within the contract. • Compare the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms. Writing the Research Paper The Paper: • Must be 10 double-spaced pages in length and formatted according to APA style. • Must include a cover page • Must include an introductory paragraph with a succinct thesis statement. • Must address the topic of the paper with critical thought. • Must conclude with a restatement of the thesis and a conclusion paragraph. • Must use at least four scholarly sources, in addition to the textbook (Benton, W. C., Jr. (2014). Purchasing and supply chain management (3rd ed.). New York, NY: McGraw-Hill Irwin). • Must use APA style to document all sources. • Must include, on the final page, a Reference Page that is completed according to APA style.