Problem: Please assist with writing ideas for a research paper that is in APA format. The paper must demonstrate the understanding of the field of project management and how it relates to purchasing and supply management. The following topics must be reviewed in order for the paper to be complete:
1) The definition of procurement and contract management and the importance to the business world.
2) RFP selection tools and how to improve the assessment of proposals.
3) The concept of procurement planning and various strategies necessary for project success.
4) How to select the most qualified vendor in a proposal.
5) Evaluation of the contract and the legal aspects of procurement in a project.
6) Comparisons of the critical elements of a contract including relationships between the client, supplier, completion terms and payment terms.