What can happen if procurement processes are built on poor planning?

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Explain the importance of planning (i.e., Plan Procurement Management as described in Part 1, Section 12.1.2 of the PMBOK Guide) as a foundational activity in the procurement process in a two- to three-page paper (cover page and reference page are required and not included in the page count) and using your research skills address the following:

Explain what is Make-or-Buy analysis?
What can happen if procurement processes are built on poor planning?
What are the benefits of a Make-or-Buy analysis?
Provide an example of a procurement process used by a project-based organization found via the web or the CSU Global Library that demonstrate a proper use of the Plan Procurement Management. What do you like about the example?






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