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Section 5: Signature Assignment: Project Procurement Close-Out Explanation
The closing out, completion, finalizing of a project is a complex process of checks, audits, and reviews. In the area of procurement management the actions taken to close out an individual or multiple procurement actions is time consuming and intricate process of checks and balances to ensure the project team that the good, services, materials, and personnel procured were received, action required accomplished and payment was provided to the contracted party. Many actions may be included in procurement close-out ensuring the project were properly utilized and services, actions and materials were provided in the correct quantity and at the desired time and location.
Assignment 7 Signature Assignment: Project Procurement Close-out Plan
The Signature Assignment and reflective discussion should show how you: (a) demonstrate mastery of the course material, and (b) apply this knowledge to the real world. For the Signature Assignment you (project manager) will be developing and assembling a Close-Out Plan for your project.Main Task: Design a Project Procurement Close-out Plan
Write a paper addressing the following:
Support your paper with a minimum of five (5) external resources In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 10-12 pages not including title and reference pages, possibly a simple diagram and a spreadsheet
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.
Activity Resources: Kerzner, H. (2009): Chapter 11 (11.15-11.22) and review Chapter 19