Week 7 – Assignment 2: Design a Project Procurement Close-out
type Article Review
Sources 3 (Post 2013 Journals and books only )
or the Signature Assignment in this course, you will create your own project procurement close-out plan. To ensure you have all the necessary pieces of this plan, you must include the following:
Identify and discuss the tasks associated with the close-out of procurement contracts.
Discuss the termination of contractual relationships and settlement of seller claims.
Explain how to determine if all requirements of a procurement contract have been fulfilled by the buyer and the seller.
Present a flowchart showing how to properly close out a contract.
Discuss how invoices that have not been submitted by vendors or that have been submitted by vendors but not yet paid should be handled.
Support your paper with a minimum of five scholarly 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. The flowchart will count toward the 10-12 page requirement.
References: Include a minimum of five scholarly resources.
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.
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