Question 2. Describe and explain the four processes in the procurement managemen

Question 2. Describe and explain the four processes in the procurement management process for the buyer as shown in the PMBOK GuideQuestion 3. Compare and contrast a firm fixed-price contract with a cost-plus contract. When would each be appropriate for a given project?Question 4. 4. (TCO D) You have been assigned to do a make-or-buy analysis. What factors will you likely include in your make-or-buy evaluation?