Diagram the Procurement Management Process Procurement planning is a component of the overall project plan and is instrumental to the project team’s ability to properly acquire goods, services, and personnel.

Assignment: Diagram the Procurement Management Process Procurement planning is a component of the overall project plan and is instrumental to the project team’s ability to properly acquire goods, services, and personnel. The procurement plan must be connected to the project’s timeline and milestones. Important elements of planning for project procurements include make-or-buy analysis, preparation and release of Requests for Proposal (RFP’s) or Requests for Quote (RFQ’s), and vendor selection. These activities must occur prior to the release of Purchase Orders (PO’s) to vendors. Review the resources listed in the Books and Resources area below to prepare for this week’s assignment(s). Complete the following Spotlight on Skills if you need assistance with the tools used to complete your assignments. Spotlight on Skills: Developing PowerPoint Presentations For help creating PowerPoint presentations, review this PowerPoint Tutorial. Books & Resources: Book Kerzner, H. 2013 Project management: A systems approach to planning, scheduling, and controlling. Instruction:Read Chapters 1 and 19 Sanghera, P. (2009). 90 days to success as a project manager.

http://proxy1.ncu.edu/login?://search.ebscohost.com/login.aspx?&&.10282710&-live Instruction:Read Chapter 9 Article/Journal Hoyt, R. E., Dumm, R. E., & McCullough, K. A. (2010). Risk management case project. http://search.proquest.com.proxy1.ncu.edu/docview/209601286? Instruction:Read Article Instructions: Prepare a PowerPoint presentation that includes, on a single slide, a flowchart of the procurement management process. Include in your flowchart at least six process steps starting with the identification of what services and items are needed by the Project Manager and ending with the confirmation by the Project Manager that the items and services required for the project have been received. After the slide on which the overall flowchart is presented, provide a single slide for each process step identified in the flowchart. For example, a flowchart containing six process steps should be followed by six process slides, each of which describes one of the six process steps in the flowchart.

Provide examples of what will take place in each process step from Your Selected Course Project (refer to the Week 1 Introduction for an explanation of Your Selected Course Project). Find a Project Procurement Management Plan example or template on the Internet. Compare and contrast it with your process flowchart by identifying major elements included in one that are not included in the other. Provide one slide of bullets and speaker notes reflecting on your comparative analysis. Incorporate appropriate animations, transitions, and graphics as well as “speaker notes” (at least 100 words) for each slide other than the Cover, Agenda, Conclusion, and References slides. The required length of the PowerPoint presentation option for this assignment is 11-16 slides. The presentation must include Cover, Agenda, Conclusion, and References slides, as well as a Flowchart slide and slides for each of the process steps identified on the Flowchart slide. Be sure to include citations for quotations and paraphrases with references in APA format and style.

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