Overview The final project for this course is the analysis of a case study through the lens of a project procurement officer. You will select one case study from a set of provided cases. You will analyze how the elements of the procurement process address all phases of the expected procurement—conduct, execute, control, and close—and discuss the considerations and analyses that inform the development of 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 such as computers, software, or furniture used by a website development team. Or the procurement may be more complex, such as the custom development of a new ruggedized, weatherproof, external battery smartphone case. In the former example, the procurement may be highly focused on finding the lowest-cost, compliant supplier. In the latter example, the procurement may focus on finding the most technically competent supplier. As a procurement professional, you must know the preferred methods to satisfy the requirements demanded by both types of projects. The 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