142 ◾ Project Management Maturity Model
A process is dened for identifying contract requirements,
identifying potential vendors, selecting the appropriate contract
type and determining the best procurement approach, and
developing documentation. The organization establishes clear
evaluation criteria to use for proposal evaluation. The procure-
ment approaches may vary and the organization has dened
the different approaches for use by project teams. Large, highly
visible projects follow the process to obtain contract services.
Usually, the procurement organization contacts vendors
and conducts price comparisons. The vendors commit to nal
delivery dates for services with key milestones. Vendors are
requested to provide schedules and plans a ...