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September 2, 2021

The definition of procurement and contract management and the importance to the business world

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

The definition of procurement and contract management and the importance to the business world.

RFP selection tools and how to improve the assessment of proposals.

The concept of procurement planning and various strategies necessary for project success.

How to select the most qualified vendor in a proposal.

Evaluation of the contract and the legal aspects of procurement in a project.

Comparisons of 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.

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