1. Internalize your learning experience by preparing to discuss the following.
If you were a contractor, which type of contract would you prefer most and which would you like least? Explain your choices. Your explanation should demonstrate that you are familiar with the definitions of the contracts you chose and at least one similar type of contract.
2. Describe the components of the procurement plan.
3. Identify the decisions made when selecting the type of contract.
4. Describe how bidders are qualified, solicited, and chosen.
5. Identify the methods used to manage the contracts.