Colorado State University Project Procurement Documentation Paper

Question Description

I’m working on a management discussion question and need support to help me learn.

Explain how the following elements of project procurement documentation are used in real-world applications and give examples of each: invitations, RFIs, RFQs, RFPs.

To support your statements, please rely on, and selectively use, content from 1 scholarly resource published in the past five years (e.g., books or articles from the library).

Useful resources:

Chapters 6 in Mastering Risk and Procurement
Part I, Section 11.5 in PMBOK® Guide
Part II, Sections 3.23, 3.24, 4.9, & 5.11 in PMBOK® Guide
Lodhi, A. A., Khan, R. A., Zia, S.(2019). Nexus between risk management and project success: An empirical evidence from engineering sector of Pakistan. Journal of Business Strategies, 13(2), 1.
Zerpa, C. E. & Rodríguez-Montoya, C.(2020). Managing work teams in exploratory projects. Dimensión Empresarial, 18(3), 1-12. 10.15665/dem.v18i3.2233

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