Question: Procurement Plan 1 . Procurement Decision - Just procurement decision for your project. Could you make or Buy an analysis to prove that your project

Procurement Plan
1. Procurement Decision- Just procurement decision for your project. Could you make or Buy an analysis to prove that your project needs procurement?
2. Defining the procurement- SOW
3. Choosing the seller
a. Vendor Criteria
b. Vendor Selection
c. Bid Process
d. Contract type- FP, T&M, Hybrid
4. Procurement Contract
a. Legal Contract
b. Payment process
c. Penalty

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