The final project for this course asks you to analyze a case study as though you are a project procurement officer. Select one of the provided case studies. Analyze how the elements of the procurement process address all phases of the expected procurement: conduct, execute, control, and close. Discuss the considerations and analyses you would use to develop a comprehensive procurement management plan.

Every project requires some amount of procurement to support the activities of the project team. The procurement may be purchasing standard products like computers, software, or furniture for a website development team. Or the procurement may be more complex like developing a custom new rugged, weatherproof, external battery smartphone case. In the first example, the procurement is highly focused on finding the lowest$-$cost$,$ compliant supplier. In the second example, the procurement is focused on finding the most technically competent supplier. As a procurement professional, you must know the preferred methods to satisfy the requirements for both types of projects.

The final project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Two, Three, and Five. The final project will be submitted in Module Seven.

In this assignment, you will demonstrate your mastery of the following course outcomes:

Select appropriate contract types that align with procurement requirements in maximizing value and minimizing risk for the buyer

Differentiate procurement processes between the United States and international environments in ensuring compliance with local regulations and adherence to best practices

Select appropriate evaluation tools for identifying vendors that best satisfy procurement requirements and provide maximum value

Evaluate contracting decisions for the extent to which they satisfy key procurement principles of value for money, ethics, competition, transparency, and accountability

Assess the components of a procurement management plan for their ability to satisfy the requirements of the project

Prompt

Developing a procurement management plan begins with collecting and analyzing inputs from the project. Those inputs could include the following elements:

Project scope statement

Project schedule

Project budget profile

Organizational assets $($company policies, standard terms, and conditions$)$

Statement of work

Technical specification

Verification requirements

Your analysis of project requirements in your chosen case study will help you determine the type of contract, the bid process, and the evaluation process.

You will analyze and discuss the rationale for choices you made while developing a procurement management plan for the procurement scenario described in the selected case study. Your comprehensive analysis should cover all the considerations for executing an effective procurement from initiation to closure.

For the final project, you will select one of the Harvard Business Publishing case studies below. You will analyze the case from the perspective of the project$$s procurement officer. Your procurement analysis must consider all phases of the expected procurement: conduct, execute, control, and close.

Use the links in the Harvard Business Publishing area of the course to review the description for each of the case studies:

GlaxoSmithKline: Sourcing Complex Professional Services

Harley$-$Davidson Motor Co$.$: Enterprise Software Selection

Sher$-$Wood Hockey Sticks: Global Sourcing

Timber jack Parts: Packaged Software Selection Project

Specifically, you must address the following criteria in your analysis:

Overview of Procurement Management Plans

Discuss the purpose of a procurement management plan.

Define the basic components of a procurement management plan.

Explain how each major component of a procurement management plan satisfies the project or organizational requirements in the case study.

Contract Types

Define each type of contract.

Assess contract types for their suitability for different types of projects $($construction$,$ design, services, and products$).$

Assess contract types for their ability to maximize value and minimize risk for the buyer.

Select the most appropriate contract type or types for the procurement plan in the case study. Be sure to justify your rationale with research.

Procurement Regulations in the United States and Abroad

Discuss procurement regulations required by local, regional, and federal governments regarding specific types of procurements executed in the United States.

Discuss procurement regulations required by local, regional, and federal governments regarding specific types of procurements executed internationally.

Summarize the differences between the domestic and international procurement regulations discussed above.

Determine which procurement regulations would apply to t