12.3 Project Procurement Management : Control Procurements

introduction Control Procurements is the process of managing procurement relationships, monitoring contract performance, and making changes and corrections to contracts as appropriate. The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement Concepts  Concepts  Control PRead More…

12.2 Project Procurement Management : Conduct Procurements

introduction Conduct Procurements is the process of obtaining seller responses, selecting a seller, and awarding a contract. The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements Bidder Conferences Bidder Conferences Are also known as contractor, vendor, or pre-bid conferences. The purpose of thRead More…

12.1 Project Procurement Management : Plan Procurement Input-Techniques -Outputs

intrduction in previous article we have got the concepts of plan procurement this article we will continue  to discuss the plan procurement inputs – techniques – outputs pleas join us Process inputs – techniques – outputs Inputs  pm plan requirements documentation risk register activity resources requirements project schedule activity cost estimate stakeholder regRead More…

12.1 Project Procurement Management : Plan Procurement Management- The Concepts

introduction Plan Procurement Management is the process of documenting project procurement decisions, specifying the approach, and identifying potential sellers. The key benefit of this process is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it. Concepts The primary role of project manager in proRead More…

12.0 Project Procurement Management : Concepts

introduction Project Procurement Management includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team. The organization can be either the buyer or seller of the products, services, or results of a project. Project Procurement Management includes the contract management and change control processes required to develop and adminisRead More…