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This outline details the essential elements of project management and procurement cycles, encompassing the requirement, requisition, solicitation, and award cycles. It highlights various contract types, including incentive contracts, and addresses the relationship between contract types and risk management. The document also discusses contract administration and the importance of using a checklist for effective proposal and contractual interaction. Additionally, it explores effective procurement strategies essential for corporate procurement success, making it a valuable resource for project managers and procurement professionals.
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