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. Please elaborate on the following questions to help me grasp these concepts utilizing the sources listed below and other scholarly articles.

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 stepsin the selectionprocess.

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

Sources:

1. Project Management: The Managerial Process, 7th Edition, Larson and Gray, Chapters 1, 2

2. Information Technology Project Management, 9th Edition, Schwalbe, Chapters 1, 2, and 12

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