((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( Hello, I nee
ID: 325348 • Letter: #
Question
((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( Hello, I need help with answering the following questions in 1 PARAGRAPH PER QUESTION. NO MORE THAN 1 PARAGRAPH PER QUESTION IS ALLOWED. Incorporate material from your own personal experiences from work experience you may have when developing your narrative. Be sure to explain all the relevant concepts in a clear and concise manner. Points and good feedback will be given, if answered correctly. Thank you.
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* What is involved in conducting procurements? How do project teams develop a list of qualified sellers? What are some of the main topics addressed in a contract or service agreement?
Explanation / Answer
Procurement is the process of acquiring something by thorough search and analysis. A project team makes a list of all the possible sellers available. They compare each and every seller with their requirements and make a list of all those who are eligible for their project . Finally they filter among the seller and select one or two depending on their requirement .
In a contract or a service agreement, terms and conditions agreed by both the sidesnare clearly mentioned . The term of the contractcontract and other details regarding the contract are mentioned clearly and both the parties need to read them before signing.
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