Procurement Planning Paper

Procurement Planning Paper Grading Guide

Procurement and Risk Management

Individual Assignment: Procurement Planning Paper Purpose of Assignment

Many projects require the acquisition of outside resources to meet project deliverables. Project managers need to understand the procurement planning process and the risks. Many times, it is necessary for the project manager to be tactically involved in the procurement selection process and even provide purchasing with recommendations on the type of contractual relationship (supplier or joint venture) would best fit the project scenario. It also falls onto the shoulders of the project manager to track and monitor the quality and delivery of products and/or services received. Purchasing products/services for projects is not streamline like those procured for operations; these are ad hoc purchases that, if not managed, will possibly be forgotten.

Grading Guide

Content	Met	Partially Met	Not Met	Comments:
The student describes the project procurement planning process.
The student identifies the most valuable output of the plan procurement process and explains why it is believed to be the most valuable.
The student explains the various contracts types and describes who has the most risk for each contract type.
The student explains methods that can be used to mitigate the risks for each contract type.
The student develops a project monitoring process to track procurement orders for the project.
The student describes source selection criterion that would be applicable to any project.
The student analyzes the ethical concerns that should be considered when identifying source selection criteria.
The student explains the role of risk management in the procurement planning process.
The paper is 1,050 to 1,400 words in length.
		Total Available	Total Earned
			#/7

Writing Guidelines	Met	Partially Met	Not Met	Comments:
The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a reference page.
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed including spelling and punctuation.
		Total Available	Total Earned
			#/3

Assignment Total	#	10	#/10
Additional comments: