What should a written acquisition plan address?

A written acquisition plan is a comprehensive document that serves to guide the procurement process within an organization. It should address all relevant technical, business, and management considerations to ensure that the acquisition aligns with the overall mission and objectives of the organization.

By considering technical aspects, the plan ensures that the requirements of the product or service are clearly defined and can be appropriately met. The business considerations cover the financial implications, including budgeting and resource allocation, ensuring that the acquisition remains cost-effective. Lastly, management considerations involve oversight, risk management, and the management of timelines and deliverables, which are critical for successful execution and integration of the procurement into current operations.

This holistic approach ensures that the acquisition process is effective, efficient, and strategically aligned with the needs of the organization, ultimately enhancing performance and outcomes. Other options, which focus narrowly on only financial aspects, supplier locations, or specific acquisition methods, do not provide the comprehensive view necessary for effective planning and execution.