Contract Selection

Assess the effectiveness of a project contracting and procurement strategy.

Integrate contracting and procurement activities into overall project cost and schedule.

Part One 600-750 words

Use the library, Internet, and any other materials you have available to find and analyze 1 project that meets the following criteria:

• A bidding process was used to select a vendor or a group of vendors
• The bidding process that was used was an RFP, RFQ, or Invitation for Bid
• The procurement process was conducted at a government agency

Assignment Guidelines

• Develop a project bid proposal, and address the following questions:
  • Was a make or buy analysis conducted?
  • What was the bidding process that was used? Be specific.
  • In depth, explain the various elements of the bidding process that was used.
  • Was the bidding process successful? What worked, and what did not work?
  • What suggestions could you make to improve the bidding process used for your particular case study?
• Be sure to reference all sources using APA style.

Part Two 600-750 words

You have decided to move forward with the scheduling tool implementation project. In addition to purchasing the software, you need to procure additional goods and services to implement and deploy the tool. First, conduct a make or buy analysis for each of the following, and then develop an RFP for the items you decided to purchase:

• Hire technicians to install and configure the software for your environment.
• Hire a training entity to teach the student PMs the mechanics of using the new tool.
• Buy a new server and software to run the tool and house the project database.
• Hire tool usage experts to transfer knowledge to the student PMs about the use of the tool on the job for the first 60 days after going live.
• Plan for the removal and disposal of the scheduling tool software and hardware that are no longer to be used.

Your manager has scheduled an afternoon meeting with you to discuss your strategies for the procurement items for the scheduling tool implementation project.
Assignment Guidelines

• Develop your make or buy approach as well as the RFP, and be sure to respond to the following questions:
  • Did you decide to make or buy the goods and services for your project? Justify your answer.
  • Why is making it in-house a good decision or why is it not?
  • What were the elements to consider in the make or buy decision?
  • What are the elements of the RFP used? Why are they important?
  • What are the risks involved in the procurement of the goods and services for the project?
• Be sure to reference all sources using APA style.