Contracting process paper write a 1,400- to 1,750-word paper in

Write a 1,400- to 1,750-word paper in which you explain the process for conducting and closing procurements. Include the following: 

• Outline and explain high-level process steps for conducting project procurements.
• Outline and explain contract administration policies and procedures. 
• Describe tools and techniques for the contract administration process, including the following: 

• • Contract change control process
  • Procurement performance reviews
  • Inspections and audits
  • Performance reporting
  • Payment process (n/30, n/60, and so forth)
  • Records management system (RMS) 

• Describe conflict resolution techniques used while managing contractual relationships. 
• Outline steps to be taken to close out project procurements. 
• Explain the importance of closing project procurements and accounts. 
• Examine external influences on the procurement and risk management process. 
• Analyze the relationship between the risk response plan and the external influences.