Residential Construction and Procurement

Constructing a Residential Home is the project chosen.
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 credible sources that are not used as readings in the course. At least three references must be peer-reviewed, scholarly sources and the rest may be trade or professional procurement management. 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.

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