Question 1:

Why do we need a Law of Contract?

a Explanation

Reasons to have a law of contract

b Explain the close procurement project process

- Explanation (causes,activities , when procurements are closed, Early termination of a contract, conclusion)

Question 2:

Describe the typical reimbursable cost elements and the non-reimbursable cost elements in cost-reimbursable contracts.

• A Explanation of cost reimbursable contracts
• Reimbursable cost elements
• Non- reimbursable cost elements

Describe the outputs of Conduct Procurement process and Administer procurement process

Conduct procurements outputs

• Selected sellers
• Procurement contract award
• Resource calendars
• Change requests
• Project management plan updates
• Project document updates

Administer procurements outputs

• Procurement documents
• Organisational process assets updates
• Change requests
• Project management plan updates