Project Management, 4th Edition

Chapter 11Procurement management

Embedding value into the project

Key points

• ∎ Understanding the procurement planning process
• ∎ Making the procurement decision
• ∎ Selecting potential suppliers
• ∎ Evaluating supplier responses
• ∎ Contractual considerations
• ∎ Controlling procurement activities
• ∎ Processing compliant claims
• ∎ Reporting contractual performance
• ∎ Discharging the contract

In practice

Individuals, community groups, professional associations and organisations, from small businesses through to major corporations, all face the same crucial decision at one time or another: to either complete an activity themselves (in-house) or to outsource ...