final exam anh nguyen - Phase 1: Preaward 1. Procurement...

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Phase 1: Preaward 1. Procurement planning: This step is the process of identifying which buyer needs can be best met by procuring products or services outside the organization. This process involves the buyer’s consideration of - Whether to procure (make-or-buy decision) - How to procure (contracting method) - What to procure (products and services needed) - How much to procure (quantity desired) - When to procure (delivery schedule) Input - Scope statement - Product description - Procurement resources - Market conditions - Other planning output - Constraints - Assumptions Tools & Techniques - Make-or-buy analysis - Expert judgment - Contract type selection - Opportunity and Risk Management Process - Contract terms and conditions Output - Procurement management plan - Statement of work 2. Solicitation Planning involves preparing the documents needed to support the solicitation. input - Procurement management plan - Statement of work - Other procurement planning output Tools & Techniques - Standard forms - Expert judgment Output - Procurement documents - Evaluation criteria - Statement of work updates 3. Solicitation Involves obtaining information (bids and proposals) from perspective sellers on how project needs can be met Types of solicitations Request for proposals (RFP) Request for tenders (RFT) Request for quotations (RFQ) Invitation for bids (IFB) Invitation to bid (ITB) Types of information-only solicitations Request for information (RFI) Request for information and qualifications (RFI&Q) Input: - Procurement documents - Qualified seller lists -Tools & Techniques - Bidder conferences - Advertising Output Solicitation that leads to the submission of bids or proposals Phase 2: Award 4. Source Selection Source selection is the process of applying evaluation criteria to bids or proposals to select a supplier Price may or may not be the primary determinant Other criteria may be used: technical, past performance, quality, schedule, reputation, management, and so on - Input - Proposals - Evaluation criteria - Evaluation standards - Organizational policies Tools & Techniques - Contract negotiation - Weighting system - Screening system - Independent estimates output - contract Phase 3: Postaward Step 5: Contract Administration The buyer make fulfillment of contractual obligations by all parties to the contract. Input - Contract - Work results - Change requests - Invoices and payments - Other tasks - Contract Administration
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planning - Preperformance conference - Performance measuring and reporting. Payment system - Change control system - Dispute management system Output - Documentation - Contract changes - Payment - Completion of work Step 6: Contract Closeout Contract closeout involves both product verification and administrative closeout Input -Completion of work - Contract documentation documentation - Contract closeout
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final exam anh nguyen - Phase 1: Preaward 1. Procurement...

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