Deliverable Length: 750-900 words
Use the library, Internet, and any other materials you have available to find and analyze 1 project for each of the following:
- There was no procurement or contract strategy plan, and the project failed.
- The procurement or contract strategy plan was inadequate, and the project failed.
- The procurement or contract strategy plan was inadequate, and the project eventually was completed.
- For each of the outcomes listed above in the assignment description, address the following:
- What were the details of the project? Be specific.
- In depth, explain the various elements of the procurement or contract strategy plan within the project.
- What suggestions could you make to avoid failure for future procurement and contracting? Why would these suggestions make for a successful project?
- In the situation in which the project was eventually completed, were there incentives provided under the terms of the contract?
- If yes, then what were they, and how did they enhance the quality of the contract?
- If no, what incentives should have been included, and why?
- Be sure to reference all sources using APA style and in-text citations.
Integrate performance and quality requirements into project contracting and procurement activities.
Evaluate kinds of contract incentives possible and select appropriate type.