16 Conducting and Controlling Project Procurements
This chapter covers the procurement processes in project management that are under the monitoring and controlling process groups. The first part deals with the process of Obtaining Vendors’ Response. The second part is concerned with the process of Selecting a Vendor, while the third part focuses on the process of Awarding a Contract. The last section dwells on the process of Controlling Project Procurements.
The activities and procedures for conducting the procurement process for a project are described in the Procurement Management Plan for the project. Generally speaking, there are three distinct sub-processes involved in the Conduct Project Procurement Process. ...
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