11

Project Procurement Management

CHAPTER COVERAGE

  1. Contracts and Contract Types

  2. Project Procurement Life Cycle

  3. Make or Buy Analysis

  4. Procurement Management Plan

  5. Contract Statement of Work

  6. Source Selection Criteria

  7. Bidder Conference

  8. Proposal Evaluation Techniques

  9. Procurement Negotiation

  10. Contract Change Control System

  11. Third-Party Inspections and Audits

  12. Payment Systems

INTRODUCTION

Project procurement management refers to the purchase of products and services from third parties to meet requirements listed in the project scope. This knowledge area of project management, therefore, involves the processes of procurement planning, identification of sources, and administering and closing of contracts with identified sources. Here, effective administration ...

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