PJM 630 Unit 4 Individual Project
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You now have determined what you are buying, the requirements, and the types of contracts; now you are ready to put the contracts out for bid. Develop your procurement plan and align it with the rest of the project plan by creating a statement of work (SOW). A sufficiently detailed SOW can assist with the negotiations during the bidding process, as well as deal with potential conflicts during the execution of the contract. The SOW can be utilized to apply risk optimization, such as when not meeting requirements or nonperformance of work.
Address the following:
- Prepare a SOW covering the following:
- Project objectives
- Scope of work
- Place and time of execution
- Project timeline
- Deliverables and tasks
- Major milestones
- High-level costs
- Performance acceptance criteria
- Summary
- References
- You may use all of the information that you have compiled in the previous assignments.
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