Project Procurement for a New Office Building Red Button.

Project Procurement for a New Office Building Red Button is a rapidly growing tech company that has outgrown its current office space. To accommodate the expansion, they are planning to build a new office building. The project includes construction, interior design, IT infrastructure setup, and furnishing. As the Project Manager, you're responsible for managing the procurement process for this project.

$1\mathrm{.}2$ Discuss the importance of selecting an appropriate procurement strategy for constructing a new office building, and outline factors that should be considered in making this decision. $(15)$