Discuss the scope of conducting procurement for project

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Reference no: EM132378229

1. Discuss the scope of conducting procurement for a project.

2. What are the primary components of a purchase? Explain how strategy can be used on one component.

3. Explain what type of contract shifts risk more to the buyer rather than the seller and why a certain type of contract would be considered on a project.

4. Explain the general idea of why risk would be associated with conducting procurement.

Reference no: EM132378229

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