Objective: To understand and apply the procurement process to a real-world project scenario. Scenario: You are the project manager for a construction project that involves building a new hospital. As part of the project, you need to procure construction materials, equipment, and services from various vendors. The project budget is $50 million, and the procurement process must adhere to the project timeline. Instructions: 1. Develop a procurement management plan for the project. The plan should include the following: - Procurement process owchart - Procurement documentation requirements - Procurement risk management plan - Procurement performance metrics