Project procurement management processes

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Reference no: EM13776314

Write a 3- to 4-page paper describing how the team would apply the tools and techniques in procurement management and risk management to the project.

Project Procurement Management Processes

Plan Procurements

Conduct Procurements

Contracts between Sellers and Buyers

Fixed-price or lump-sum contracts

Cost-reimbursable contracts

Time and materials (T&M) contracts

Administer Procurements

Close Procurements

OutSourcing

Managing the Outsourcing Relationship

Risk Management

Plan Risk Management

Identify Risks

Perform Qualitative Risk Analysis

Perform Quantitative Risk Analysis

Plan Risk Responses

Monitor and Control Risks

Reference no: EM13776314

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