Question: Select an entity either real one or create one by yourself and undertake the following as your capstone project: Select at least 5 items Prepare
Select an entity either real one or create one by yourself and undertake the following as your capstone project:
- Select at least 5 items
- Prepare a procurement plan
- Base on the knowledge acquired concerning procurement cycle, undertake a procurement cycle based on the selected items, and indicate where you will add value as a Procurement Specialist for the organization
- Identify some challenges you might encounter and recommend was to overcome them.
- Identify which item you think your organization should outsource and why should the outsourcing be done. Advice the appropriate process for the Outsourcing to be done effectively.
- By the risk management process identify some risks and how it would be managed.
Note:
- At the tendering stage choose one procurement method for this purpose.
- Select based on the strategic goal of the organization the appropriate contract to apply.
- Wordcount should be 2,500 (+/- 10%).
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