Question: The project manager is normally responsible for developing a request for proposal (RFP) or Request for Quote (RFQ) for the project or sections of the

The project manager is normally responsible for developing a request for proposal (RFP) or Request for Quote (RFQ) for the project or sections of the project. Using the description from Larsons and Grays textbook and Project Procurement Management - chapter 12 from Schwalbes textbook please answer to the five questions listed below:

1. Identify major reasons why organizations outsource projects or sections of projects?

2. Why, how, when and where RFP or RFQ are used in the project process? Define briefly the difference between RFP and RFQ.

3. What is the core content of the RFP briefly describe the main elements?

4. What is involved in the selection of contractor from bid proposals (RFP or RFQ)? Describe the steps in the selection process.

5. What is the main purpose of a procurement audit? Identify adequate change control on projects that involve outside contracts.

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