Write a 12-14 slide PowerPoint presentation in which your team explains the process for conducting and closing procurements. Include the following:
? Outline and explain high-level process steps for conducting project procurements.
? Outline and explain contract administration policies and procedures.
? Describe tools and techniques for the contract administration process, including the following:
o Contract change control process
o Procurement performance reviews
o Inspections and audits
o Performance reporting
o Payment process (n/30, n/60, and so forth)
o Records management system (RMS)
? Describe conflict resolution techniques utilized while managing contractual relationships.
? Outline steps to be taken to close out project procurements.
? Explain the importance of closing project procurements and accounts.
? Examine external influences on the procurement and risk management process.
? Analyze the relationship between the risk response plan and the external influences.
? Document your Learning Team’s lessons learned concerning procurement and risk management.
Format your references consistent with APA guidelines.