In the summary of metrics in the Acquisition Strategy section of your acquisition plan, include the ...

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In the summary of metrics in the Acquisition Strategy section of your acquisition plan, include the following: What metrics are important to measure the success for the contract? What results of those measurements would indicate success according to CTI's requirements and the acquisition objectives? Which metrics do you expect to be challenging, either to measure or to reach successful result Compile a draft of the Acquisition Strategy section of your acquisition plan. Be sure you include the following elements as part of your Acquisition Strategy: Contracting Consideration Referring back to your objectives and plan of action from the previous projects, what are the specific requirements and terms (e.g., period of performance, delivery details, potential software needs) that must be included for this contract to be successful? What is each party promising to the other in this exchange? Contract Type What are the advantages and disadvantages of a firm-fixed-price contract with a not-to-exceed amount for this type of acquisition, compared to other contract types? Explain the specifics of the contract type you would use and how they best suit CTI's cell phone acquisition. Summary of Metrics Summarize the metrics you will use to measure success at different stages of the acquisition process. For instance, how should you measure the solicitation process (e.g., number of qualified companies bidding, time frame in which the request is posted)? Contracting Method Explain which contracting method is best suited to this acquisition and why. Based on your discussion with your colleagues, what are the advantages and disadvantages of your chosen method? Contract Administration Identify the tasks that will be involved in managing the contract after it is awarded. How should these duties be delegated to the different positions within the acquisition team? Instructions and examples of the acquisition plan can be found at https://aaf.dau.edu/aaf/mca/acquisition-plan/.