Procurement Management Plan

The development of a procurement management plan begins by collecting and analyzing inputs from the project such as, but not limited to, the project scope statement, project schedule, project budget profile, organizational assets (company policies, standard terms and conditions), statement of work, technical specification, and verification requirements. Based on the analysis of project requirements, the type of contract, the bid process, and evaluation process are each defined.

You will analyze and discuss the considerations and choices that inform the development of a procurement management plan that satisfies the procurement scenario described in the selected case study. The analysis should be comprehensive and cover all the considerations of how an effective procurement is executed from initiation to closure. For this assessment, you will select one Harvard Business Publishing case study from those presented below, and analyze the case from the perspective of the project’s procurement officer. Ensure the procurement analysis considers all phases of the expected procurement: conduct, execute, control, and close. Review the description for each of the four choices of case studies available through the links below.

• GlaxoSmithKline: Sourcing Complex Professional Services

• Harley-Davidson Motor Co.: Enterprise Software Selection

• Sher-Wood Hockey Sticks: Global Sourcing

• Timberjack Parts: Packaged Software Selection Project Once you have decided which case to work with, use the links in the Harvard Business Publishing area of the course to access the case study.

Specifically, the following critical elements must be addressed in your analysis:

I. Overview of Procurement Management Plans a. Discuss the purpose of a procurement management plan. b. Define the basic components of a procurement management plan. c. Explain how each major component of a procurement management plan satisfies the project or organizational requirements in the case study.