Explain the various element of the procurement strategy plan

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Use the library, Internet, and any other materials you have available to find and analyze 1 project for each of the following:

1. There was no procurement or contract strategy plan, and the project failed.

2. The procurement or contract strategy plan was inadequate, and the project failed.

3. The procurement or contract strategy plan was inadequate, and the project eventually was completed.

Assignment Guidelines

• For each of the outcomes listed above in the assignment description, address the following:

o What were the details of the project? Be specific.

o In depth, explain the various elements of the procurement or contract strategy plan within the project.

o What suggestions could you make to avoid failure for future procurement and contracting? Why would these suggestions make for a successful project?

• In the situation in which the project was eventually completed, were there incentives provided under the terms of the contract?

o If yes, then what were they, and how did they enhance the quality of the contract?

o If no, what incentives should have been included, and why?

• Be sure to reference all sources using APA style.

In your own words, please post a response to the Discussion Board and comment on at least two other postings. You will be graded on the quality of your postings.

Each comment must be at least 150 words in length. Use the 2X2 matrix to comment (i.e., two things you liked about the posting, and two things the student could have included to improve the posting including errors, exclusion, or erroneous information).

Reference no: EM131243169

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