Chapter 12. Project Procurement Management

12. Project Procurement Management

What is project procurement management?

Why bother with procurement management?

How does procurement management fit in the process groups?

Critical factors in procurement

Steps in project procurement management

Contracts

Contract statement of work

Contract administration

Contract change control system

The project manager's role

The special problems of IT procurement

Centralized/decentralized contracting

Aims of this chapter

This chapter explains project procurement management, that is, how to purchase or otherwise acquire a product or service from outside the project and the project team. By the end of this chapter, you should:

  • know what procurement management is and how it relates to project management as a whole;

  • know when and why procurement management is valuable in project management;

  • be able to categorize project procurement activities according to each stage project or process management group;

  • be able to apply the standards and procedures associated with procurement management, thereby improving the effectiveness of your project management;

  • be able to explain the benefit of treating project procurement management as a distinct knowledge area within project management.

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Definitive Guide to Project Management. The Fast Track to Getting the Job Done on Time and on Budget
The Definitive Guide to Project Management: The fast track to getting the job done on time and on budget (2nd Edition)
ISBN: 0273710974
EAN: 2147483647
Year: 2007
Pages: 217
Authors: Sebastian Nokes
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