Compare the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms

Research Paper

The final assignment for the course will be a research paper.  The Research Paper will contribute 25% to the course grade.

Focus of the Research Paper

This final research paper must demonstrate the understanding of new learning in the field of project management and how it relates to purchasing and supply management.  This is an assignment with a length of 10 – 12 pages that should integrate the reading, multi-media, and class discussion boards.  It is mandatory to have research from the classroom text as well as at least five sources from reputable sources or online library to support your views.

Consider the validity of your resources carefully before using them in academic papers.  It is recommended to use examples from your professional experience where possible or build from your learning in the discussion boards.  Use at least one project of which you have been a team member or a project manager as an example to describe the topics below:

The following topics must be included in order for the paper to be complete:

  • Summarize the concepts of procurement and contract management and the importance to the business world.
  • Evaluate RFP selection tools and how to improve the assessment of proposals.
  • Summarize the concept of procurement planning and evaluate the various strategies necessary for project success.
  • Assess how to select the most qualified vendor in a proposal.
  • Appraise the contract and in particular, the legal aspects of procurement within the contract.
  • Compare the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms.

The final Research Paper for the course must be submitted by to the instructor by 11:59 p.m. of the time zone in which you reside on the last day of the class.

Writing the Research Paper

The Paper:

  • Must be 10 – 12 double-spaced pages in length and formatted according to APA style as outlined in the approved APA style guide.
  • Must include a cover page that includes:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must include an introductory paragraph with a succinct thesis statement.
  • Must address the topic of the paper with critical thought.
  • Must conclude with a restatement of the thesis and a conclusion paragraph.
  • Must use at least four scholarly sources, including a minimum of two from the Ashford Online Library, in addition to the textbook.
  • Must use APA style as outlined in the approved APA style guide to document all sources.
  • Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

Grading Rubric

Description:

Total Possible Score: 25.00

Summarizes the Concepts of Procurement and Contract Management and the Importance to the Business World

Total: 3.00

Distinguished – Comprehensively summarizes the concepts of procurement and contract management and the importance to the business world. Incorporates detailed examples and concepts from the text and other scholarly sources.

Proficient – Summarizes procurement the concepts of procurement and contract management and the importance to the business world. Incorporates examples and concepts from the text and other scholarly sources. Minor details are missing.

Basic – Partially summarizes the concepts of procurement and contract management and the importance to the business world. Incorporates limited use of examples and concepts from the text or other scholarly sources. Relevant details are missing.

Below Expectations – Incompletely summarizes the concepts of procurement and contract management and the importance to the business world. Does not incorporate examples and concepts from the text or other scholarly sources. Significant details are missing.

Non-Performance – The summary of the concepts of procurement and contract management and the importance to the business world is either nonexistent or lacks the components described in the assignment instructions.

Evaluates RFP Selection Tools and Describes How to Improve the Assessment of Proposals

Total: 3.00

Distinguished – Thoroughly evaluates RFP selection tools and comprehensively describes how to improve the assessment of proposals. Uses scholarly sources to support the evaluation.

Proficient – Evaluates RFP selection tools and describes how to improve the assessment of proposals. Uses scholarly sources to support the evaluation, but the improvement of the assessment is slightly underdeveloped.

Basic – Evaluates RFP selection and partially describes how to improve the assessment of proposals. Limited use of scholarly sources to support the evaluation and the improvement of the assessment is underdeveloped.

Below Expectations – Attempts to evaluates RFP selection and describe how to improve the assessment of proposals; however, does not use scholarly sources to support the description and the description is significantly underdeveloped.

Non-Performance – The evaluation of RFP selection tools and how to improve the assessment of proposals is either nonexistent or lack the components described in the assignment instructions.

Summarizes the Concept of Procurement Planning and Evaluates the Various Strategies Necessary for Project Success

Total: 3.00

Distinguished – Comprehensively summarizes procurement planning and thoroughly evaluates the various strategies necessary for project success. Effectively incorporates examples and concepts from the text and other scholarly sources.

Proficient – Summarizes procurement planning and evaluates the various strategies necessary for project success. Incorporates examples and concepts from the text and other scholarly sources. The summary or the evaluation are slightly underdeveloped.

Basic – Partially summarizes procurement planning and somewhat evaluates the various strategies necessary for project success. Limited use of examples and concepts from the text or other scholarly sources. The summary and/or the evaluation are underdeveloped.

Below Expectations – Attempts to summarize procurement planning and evaluate the various strategies necessary for project success; however, the summary and evaluation of the various strategies necessary for project success do not incorporate examples and concepts from the text or other scholarly sources and the summary and/or evaluation are  significantly underdeveloped.

Non-Performance – The summary of the concept of procurement planning and evaluation of the various strategies necessary for project success is either nonexistent or lacks the components described in the assignment instructions.

Assesses How to Select the Most Qualified Vendor in a Proposal

Total: 3.00

Distinguished – Comprehensively assesses how to select the most qualified vendor in a proposal. Uses scholarly sources to support the assessment.

Proficient – Assesses how to select the most qualified vendor in a proposal. Uses scholarly sources to support the assessment. The assessment is slightly underdeveloped.

Basic – Partially assesses how to how to select the most qualified vendor in a proposal. Uses minimal scholarly sources to support the assessment. The assessment is underdeveloped.

Below Expectations – Attempts to assess how to select the most qualified vendor in a proposal; however, does not use scholarly sources to support the assessment and the assessment is significantly underdeveloped.

Non-Performance – The assessment of how to select the most qualified vendor in a proposal is either nonexistent or lacks the components described in the assignment instructions.

Appraises the Contract and in Particular, the Legal Aspects of Procurement Within the Contract

Total: 3.00

Distinguished – Comprehensively appraises the contract and the legal aspects of procurement in a contract. Effectively uses scholarly sources to support the assessment.

Proficient – Appraises the contract and the legal aspects of procurement in a contract. Uses scholarly sources to support the assessment. The assessment is slightly underdeveloped.

Basic – Partially appraises the contract and the legal aspects of procurement in a contract. Limited use of scholarly sources to support the appraisal. The appraisal is underdeveloped.

Below Expectations – Attempts to appraise the contract and the legal aspects of procurement in a contract; however,  does not use scholarly sources to support the appraisal and the appraisal is significantly underdeveloped.

Non-Performance – The appraisal of the contract and the legal aspects of procurement in a contract is either nonexistent or lacks the components described in the assignment instructions.

Compares the Critical Elements of a Contract Including Relationships Between the Client, Supplier, Completion Terms and Payment Terms

Total: 3.00

Distinguished – Provides a thorough comparison of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms.

Proficient – Provides a comparison of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms. Minor details are missing.

Basic – Provides a limited comparison of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms. Relevant details are missing.

Below Expectations – Attempts to provide a comparison of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms. Significant details are missing.

Non-Performance – The comparison of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms is either nonexistent or lacks the components described in the assignment instructions.

Organization: Introduction, Thesis Statement, and Conclusion

Total: 5.00

Distinguished – Paper is logically organized with a well-written introduction, thesis statement, and conclusion.

Proficient – Paper is logically organized with an introduction, thesis statement, and conclusion. One of these requires improvement.

Basic – Paper is organized with an introduction, thesis statement, and conclusion. One or more of the introduction, thesis statement, and/or conclusion require improvement.

Below Expectations – Paper is loosely organized with an introduction, thesis statement, and conclusion. The introduction, thesis statement, and/or conclusion require much improvement.

Non-Performance – The introduction, thesis statement, and conclusion are either nonexistent or lack the components described in the assignment instructions.

Critical Thinking: Explanation of Issues

Total: 0.34

Distinguished – Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.

Proficient – Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.

Basic – Briefly explains the issue to be considered, delivering minimal information for a basic understanding.

Below Expectations – Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Integrative Learning: Connections to Discipline

Total: 0.34

Distinguished – Autonomously synthesizes or draws conclusions by combining examples, facts, or theories from multiple disciplines.

Proficient – Autonomously correlates examples, facts, or theories from multiple disciplines.

Basic – Attempts to correlate examples, facts, or theories from multiple disciplines.

Below Expectations – Displays inconsistent examples, facts, or theories from multiple disciplines.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Control of Syntax and Mechanics

Total: 0.34

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: APA Formatting

Total: 0.34

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements.

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Resource Requirement

Total: 0.32

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Page Requirement

Total: 0.32

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages.

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages.

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

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