Explain the Role of Procurement Management and Planning in a Project

In a paper, provide a detailed explanation of how the knowledge gained in this course provided you with an understanding of a critical component of project management: procurement management and planning. How would you define successfully monitoring and controlling a project? What challenges do project managers face during monitoring and controlling? The personal insights paper serves as the foundation for your discussion with your course instructor and possibly other students in Discussion portion of this week. 

Support your insights paper with a minimum of two (2) external resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 3-4pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards where applicable Paper will checked for plaigarism