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Design a Project Procurement Close-out Plan Write a paper in which you: • Identify and discuss the tasks associated with the close-out of procurement contracts.
• Discuss the termination of contractual relationships and settlement of seller claims.
• Explain how to determine if all requirements of a procurement contract have been fulfilled by the buyer and the seller.
• Present a flowchart showing how to properly close-out a contract.
• Discuss how invoices that have not been submitted by vendors or that have been submitted by vendors but not yet paid should be handled.
• Identify any three of the questions listed in the "procurement management conformance" (Westland, 2007) checklist found on page 213 of the book "Project Management Life Cycle: A Complete Step-by-Step Methodology for Initiating, Planning, Executing and Closing a Project Successfully" (2007) and reflect on the importance of asking these questions when closing procurement contracts and completing the project.
Explain the expected time on estimating a project task using the PERT calculations in regards to optimistic (O), most likely (ML) and pessimistic (P) time. Calculate the estimated time of O = 6 hrs; ML = 4 hrs and P= 8 hrs
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hi dear ltbrgtplease answer all of the questions in the paper and write a summary of your answers for all questions .
The most likely estimates of cash flows, conducted a discounted cash flow assuming a 20 percent hurdle rate with no inflation and using Excel or pencil and paper, what is the discounted profitability index of the project?
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