Locate and read a project procurement contract in your company. Assess the following elements:
Once you have a clear understanding of the contract, explain the above elements in a paper and include an analysis of potential legal and ethical problems that could arise from this contract in case of vendor neglect, project delays, or other circumstances that will require changes to scope, deliverables, schedule, or budget. Explain how the contract might be improved to reduce risks of loss to your company from this contract. Provide an example of how the suggested improvements would work.
Support your paper with minimum of five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages not including title and reference pages