Homework Answers
a) "bought" or "purchased" items for the project.
design work or services provided by contractors.
Some items are produced internally.
"turnkey" items or systems.
The procurement management process is to sourcing and acquiring goods and services from preferred vendors within a determined budget and deadline. It is to provide quality goods and services at a low cost. A project turnkey where it can be sold to any buyers as a finished product. But not all goods and services are produced externally some may also be produced internally.
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