PJM400 MOD2 Critical Thinking 3 Page Essay APA Format

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Module 2: Critical Thinking Step 2

Important! Read First

Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.

Option #1: The Importance of Make-or-Buy Analysis

Explain the importance of planning (i.e., Plan Procurement Management as described in Part 1, Section 12.1.2 of the PMBOK® Guide) as a foundational activity in the procurement process in a two- to three-page paper (cover page and reference page are required and not included in the page count) and using your research skills address the following:

  1. Explain what is Make-or-Buy analysis?
  2. What can happen if procurement processes are built on poor planning?
  3. What are the benefits of a Make-or-Buy analysis?
  4. Provide an example of a procurement process used by a project-based organization found via the web or the CSU-Global Library that demonstrate a proper use of the Plan Procurement Management. What do you like about the example?

Be sure to properly organize your writing and include an introduction, headings/subheadings for the body of your work associated with each of the numbered items above, your analysis/suggestion, and a conclusion. Utilize the textbook and at least two outside scholarly, peer-reviewed articles from the CSU-Global Library. Be sure to cite your sources in a reference page. Format your entire paper according to the CSU-Global Guide to Writing & APA (Links to an external site.).

Option #2: The Importance of Source Selection Analysis

Explain the importance of planning (i.e., Plan Procurement Management as described in Part 1, Section 12.1.3 of the PMBOK® Guide) as a foundational activity in the procurement process in a two- to three-page paper (cover page and reference page are required and not included in the page count), and using your research skills address the following:

  1. Explain what is Source Selection analysis?
  2. What can happen if procurement processes are built on poor planning?
  3. What are the benefits of a Source Selection analysis?
  4. Provide an example of a procurement process used by a project-based organization found via the web or the CSU-Global Library that demonstrates proper use of Plan Procurement Management. What do you like about the example?

Utilize the textbook and at least two outside scholarly, peer-reviewed articles from the CSU-Global Library. Be sure to cite your sources in a reference page. Format your entire paper according to the CSU-Global Guide to Writing & APA (Links to an external site.).

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