Critically evaluate the risks associated with contract and

1. Critically evaluate the risks associated with
contract and procurement management
approaches and make recommendationsto
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 factorsthat
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 and successful
project outcomes.

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