Planning procurement for medium to large scale projects involves a number of steps and requires risks specific
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Question:
1. List and describe the main steps involved in planning procurement. Provide peer reviewed examples of project scenarios, industries or contexts where some of these steps may or may not be applicable.
2. Describe at least three risks that are specific to projects which are acquiring goods or services from outside the project, and how these risks may be managed.
Specific, real-life examples will help to demonstrate your understanding of the steps and risks, and should be incorporated into your descriptions. Research from peer-reviewed literature on risk and procurement is essential to include and will be able to provide examples and evidence from different projects, industries and contexts.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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