Wk 5 – contracting process paper

 Hello

I need assistance with this assignment and I’ve tried to insert some notes as well. 

Write a 1,400- to 1,750-word paper in which you explain the process for conducting and closing procurements.

Include the following:

  • Outline and explain high-level process steps for conducting project procurements.
  • Outline and explain contract administration policies and procedures.
  • Describe tools and techniques for the contract administration process, including the following:
  • Contract change control process
  • Procurement performance reviews
  • Inspections and audits
  • Performance reporting
  • Payment process (n/30, n/60, and so forth)
  • Records management system (RMS)
  • Describe conflict resolution techniques used while managing contractual relationships.
  • Outline steps to be taken to close out project procurements.
  • Explain the importance of closing project procurements and accounts.
  • Examine external influences on the procurement and risk management process.
  • Analyze the relationship between the risk response plan and the external influences.

Format your paper consistent with APA guidelines.

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