CPMGT 302 Week 5 Contracting Process Presentation


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Write a 12-14 slide PowerPoint presentation in which your team explains the process for conducting and closing procurements. Include the following:  Outline and explain high-level process steps for conducting project procurements.  Outline and explain contract administration policies and procedures.  Describe tools and techniques for the contract administration process, including the following: o Contract change control process o Procurement performance reviews o Inspections and audits o Performance reporting o Payment process (n/30, n/60, and so forth) o Records management system (RMS)  Describe conflict resolution techniques utilized while managing contractual relationships.  Outline steps to be taken to close out project procurements.  Explain the importance of closing project procurements and accounts.  Examine external influences on the procurement and risk management process.  Analyze the relationship between the risk response plan and the external influences.  Document your Learning Team’s lessons learned concerning procurement and risk management. Format your references consistent with APA guidelines.