Please read and watch the videos and answer the below three questions.

Excellence in Public Sector Procurement:

The Procurement Process

• Chapter 2:The Procurement Cycle Stages
• Chapter 3:Public Sector Procurement Frameworks
• Chapter 4:Procurement Best Practices and Contexts

https://www.youtube.com/watch?v=mAsjZ4QW_48&feature=emb_title

https://www.youtube.com/watch?v=mAsjZ4QW_48&feature=emb_title

Stage 1, Step 3: Market Research(Links to an external site.)

Stage 1, Step 4: Developing the Procurement Request(Links to an external site.)

Stage 1, Step 5: Selecting the Procurement Method(Links to an external site.)

1. Describe the procurement process as presented in the readings. Which part of the process do you find most critical to get right and why? What are the repercussions for doing it poorly?
2. Describe the nature of competition and under what purchasing circumstances it is necessary and unnecessary.
3. What are the most important factors to consider when developing evaluation criteria? What would you prioritize?