CHAPTER 8

Vendors

“When formulating a contract with a vendor, you getwhat you negotiatenothing more, but often less.”

Q8.1 What is your definition of a vendor?
A8.1 A vendor is a company that is hired to perform some type of work typically defined in a document called a statement of work. The vendor usually manages its own activities and resides at a location apart from the company that has purchased its services.
Q8.2 As a project manager, am I also accountable for work performed by a vendor?
A8.2 Absolutely yes! You are fully accountable for the project and, therefore, all of the pieces that make up the project.
Q8.3 That doesn’t seem fair! The vendor committed to produce deliverables of specific ...

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