Executive Solution Overview
[>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) Use this website to complete assignment. https://www.acquisition.gov/far/part-16 QSO 349 Module One Activity Guidelines and Rubric ## Overview You will practice developing key components of successful procurem…
Instant Solution Download
$6.99Immediate access to the full model answer, formatted citations, and rubric breakdown.
Need a Fresh Custom Paper?
Have this question answered from scratch according to your specific instructions and deadline.
Order on TutorsGallery →Assignment Prompt & Instructions
[>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)
Use this website to complete assignment. https://www.acquisition.gov/far/part-16
QSO 349 Module One Activity Guidelines and Rubric
## Overview
You will practice developing key components of successful procurement planning and management as you complete four activity assignments in this course. The first activity is a summary of the three basic types of contracts: fixed price, cost reimbursable, and time and materials.
Procurement officers and the U.S. government must follow rules for contracting and procurement. These rules are called Federal Acquisition Regulations (FARs). Understanding the differences among contract types and selecting the appropriate type for the circumstance is an important procurement planning skill.
## Prompt
Review the FAR website and the other module resources about contracts.
Write a summary that addresses the following critical elements:
– Describe the differences among the three basic **types of contracts** in the FARs and the module resources.
– In your own words, list four or more key **factors** to consider when **selecting** the type of contract.
## What to Submit
The contract selection document should be a 1- to 2-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins.
## Module One Activity Rubric
CriteriaMeets Expectations (100%)Partially Meets Expectations (75%)Does Not Meet Expectations (0%)Value **Contract Types** Accurately describes and differentiates the three basic types of contracts in the Federal Acquisition Regulations (FARs)Describes the three basic types of contracts in the Federal Acquisition Regulations (FARs); however, the contract types are not clearly differentiatedDoes not describe the three basic types of contracts in the Federal Acquisition Regulations (FARs)40 **Selection Factors** Provides a list of four key factors to consider when selecting the type of contract for a procurementProvides a list of factors to consider when selecting the type of contract for a procurement; however, the information is incomplete or inaccurateDoes not provide a list of key factors to consider when selecting the type of contract for a procurement40 **Clear Communication** Consistently and effectively communicates in an organized way to a specific audienceShows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understandingShows no evidence of consistent, effective, or organized communication20 **Total:** 100%