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Critically evaluate the risks associated with contract

1. Critically evaluate the risks associated with contract and procurement management approaches and make
recommendations to global project sponsors with regard to ‘best practice’ in this area.
2. Apply judgement and initiative in the development of ‘best practice’ contract and procurement process for global project
management, identifying the external factors that need to be considered and mitigated for in every instance.
3. Analyse the responsibilities of the procurement manager and project manager necessary to ensure stakeholder satisfaction

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