Help me study for my Management class. I’m stuck and don’t understand.
MOD3 Critical Thinking
Option #1: Procurement and Contracting Scenario
Using your research skills, identify a procurement and contracting scenario or example related to your Portfolio Topic. To see how your selected procurement and contracting example relates to your chosen Portfolio Topic, see Week 3 and Week 8 folders for more information. Answer the following questions in a two- to three-page paper:
- Describe how to:
- establish
- create
- organize project requirements.
- Explain how to locate and identify:
- sources of supply
- suppliers
- market places
- competition.
Be sure to properly organize your writing and include an introduction, headings/subheadings for the body of your work associated with each of the numbered items above, your analysis/suggestion, and a conclusion. In addition to your textbook, use at least two scholarly sources to support your responses. Cite your sources.
Format your paper according to the CSU-Global Guide to Writing & APA (Links to an external site.).
Option #2: Management and Organization
Read the article Sustainable Procurement in the Canadian Construction Industry: Challenges and Benefits (Links to an external site.) found in the recommended reading for this week.
In a two- to three-page paper (in addition to the cover and reference pages that you must include), write a summary of this study and its findings. Analyze and discuss the challenges and benefits of procurement management. Be sure to properly organize your writing and include an introduction, headings/subheadings for the body of your work, your analysis/suggestion, and a conclusion.
Utilize the textbook and at least two outside professional or scholarly articles from the CSU-Global Library. Be sure to cite your sources in a reference page. Format your entire paper according to the CSU-Global Guide to Writing & APA (Links to an external site.).
The following is only for reference
Module 1: Portfolio Reminder
Portfolio Project Option #1 is suggested for non-Project Management Majors.
Review the Portfolio Project Description in the Week 8 folder. Note that you have two options to choose from. Choose only one assignment to complete—do not do both options.
Note that you have two preliminary deliverables for the Portfolio: a topic to turn in during Week 3 and an outline during Week 5.
Portfolio Project Option #2 is suggested for Project Management Majors.
Review the Portfolio Project Description in the Week 8 folder. Note that you have two options to choose from. Choose only one assignment to complete—do not do both options.
Note that you have two preliminary deliverables for the Portfolio: a topic to turn in during Week 3 and an outline during Week 5.
The following is only for reference
Module 3: Portfolio Milestone
Important! Read First
Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.
Option #1: Submit Topic
Portfolio Project Option #1 is suggested for non-Project Management Majors.
Submit your Portfolio topic in one to two paragraphs by the end of this week. For Portfolio Option #1, your topic should define a project-based organization of interest to you. A project-based organization is an organization that frequently undertakes projects. This may be where you work or an organization you have researched online. You will be using this organization for discussion and analysis of an end-to-end procurement process. Be sure you can find information online or in the CSU-Global Library to support your work. (Large organizations tend to have plenty of published procurement information.)
Option #2: Submit Topic
Portfolio Project Option #2 is suggested for Project Management Majors.
Submit your Portfolio topic by the end of this week. For Portfolio Option #2, define a project procurement scenario. Imagine you are the PM of a project that has a procurement need for services, materials, or resources. In one to two paragraphs, define the project and the procurement need.
The following is only for reference
Module 8: Portfolio Project
Important! Read First
Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.
Option #1: The Complete Procurement Management Process
NOTE: This option will focus on procurement from the procurement management perspective and will include discussion and analysis of project management. You may want to select this option if you are not getting a degree in Project Management.
For this option, you will write a paper presenting a complete procurement management process for an organization of your choosing. The paper will be based on the procurement practices of an organization you have researched. The elements you must include are:
- Requirements – Planning the Procurement
- Requisitions – Conducting the Procurement
- Solicitations – Requesting Seller Response
- Awards – Selecting Sellers
- Administration
- Contracts, Incentives, and Risks
- Quality and Closure
You are building on the work you’ve completed in the discussion forums and Critical Thinking Assignments. Be sure to incorporate feedback you have received along the way.
Your paper must have:
- An introduction. Use your introduction to summarize and define your topic, including a clear statement of the procurement goal.
- A discussion or body that must include:
- A discussion of the implications of proposed solutions for procurement and contracts. Also, be sure to properly organize your writing and include other headings/subheadings for the body of your work associated with each of the bulleted items above.
- A discussion of how procurement works within project teams to facilitate the needs of projects.
- A discussion of how procurement works within a global environment to facilitate the needs of projects.
- Your evaluation and conclusion regarding possible methods of managing or addressing the problem raised by your opinion on the issues (supported by research). Relate your paper to larger (broader) procurement and contract management issues as found in the course readings.
- Current, relevant research from at least 6-8 credible sources that are not used as readings in this course. At least three references must be peer-reviewed, scholarly sources and the rest may be trade or professional procurement management You may certainly use your textbook and course readings but these do not count as part of the required 6-8 sources. The CSU-Global Library is a good place to find your resources. Cite and reference all sources used.
- A conclusion
The paper is expected to provide a thoughtful analysis on the topic. You are encouraged to add your own opinions, but these should be carefully considered and supported by evidence or outside rationale.
Note: This project has two Portfolio Milestones:
- By the end of Week 3, you should secure approval from your instructor regarding your topic.
- By the end of Week 5, submit a detailed outline of your Portfolio Project paper for review and feedback from your instructor.
- You will be expected to account for the instructor’s feedback in your final version of the paper.
Your paper should be 8-10 pages in length (not counting the cover and reference pages that you must include) and conform to the CSU-Global Guide to Writing & APA. (Links to an external site.)
Option #2: Procurement in Project Management
NOTE: This option will focus on procurement planning within projects and include discussion and analysis of the procurement manager’s role within the project. You may want to select this option if you are majoring in project management.
For this option, you will write a paper presenting a project procurement scenario from the project management perspective (example – you are leading a project that needs to purchase materials, services, or resources).
The paper will be based on procurement as defined by PMBOK®. You must include the following elements:
- Plan Procurement Management
- Conduct Procurements
- Control Procurements
- Close Procurements
Your paper must have:
- An introduction. Use your introduction to summarize and define your topic, including a clear statement of the procurement goal. Also, be sure to properly organize your writing and include other headings/subheadings for the body of your work associated with each of the bulleted items above.
- The discussion or body. The body of the paper must include:
- A discussion of the implications of proposed solutions for procurement and contracts.
- A discussion of how procurement works within project teams to facilitate the needs of projects.
- A discussion of how procurement works within a global environment to facilitate the needs of projects.
- Your evaluation and conclusion regarding possible methods of managing or addressing the problem raised by your opinion on the issues (supported by research).
- Current, relevant research from at least 6-8 credible sources that are not used as readings in this course. At least three references must be peer-reviewed, scholarly sources and the rest may be trade or professional procurement management You may certainly use your textbook and course readings but these do not count as part of the required 6-8 sources. The CSU-Global Library is a good place to find your resources. Cite and reference all sources used.
- A conclusion.
The paper is expected to provide thoughtful analysis on the topic. Relate your paper to broader procurement and contract management issues, as discussed throughout the course. You are encouraged to add your own opinions, but those opinions should be carefully considered and supported by evidence. You are building on the work you’ve completed in the discussion forums and Critical Thinking Assignments. Be sure to incorporate feedback you have received along the way.
Note that this project has two preliminary deliverables or Portfolio Milestones:
- By the end of Week 3, you should secure approval from your instructor regarding your scenario.
- By the end of Week 5, submit a detailed outline of your Portfolio Project paper for review and feedback from your instructor.
- You will be expected to account for the instructor’s feedback in your final version of the paper.
Your paper should be 8-10 pages in length (not counting the cover and reference pages that you must include), well-written, and formatted according to the CSU-Global Guide to Writing & APA (Links to an external site.).
