Tool that is used in the closure of contracts

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1. Identify and briefly describe at least one tool that is used in the closure of contracts. Use an example from an IT project. Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

2. Explain the purpose of a change order, and describe its role in the management of procurement. Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the  textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

3. Identify the four main processes associated with project procurement management and briefly describe each. Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

4. Compare and contrast an RFP with an RFQ. Briefly discuss under what circumstances would you use each in an IT project? Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Reference no: EM13751387

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