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The AMA Handbook of Project Management, 4th Edition by Jeanette Cabanis-Brewin, Paul C. Dinsmore

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CHAPTER 16

Project Procurement Management in Practice

JUDITH A. EDWARDS, PHD, PMP, IEEE (SM), CONSULTANT

Procurement practice is one of those things that organizations and teams acknowledge is important up to a point—the point of actually performing the practice. The management rationale for not implementing the procurement practice is that it (1) costs too much or (2) takes too long. In fact, the standard practices for procurements are reasonably scalable. Many failed outcomes have root cause in avoiding key elements in the process. The risk of not performing the process is seldom assessed. Alternately, many organizations owe their successful outcomes to project procurement management best practice. Nonprofits are not immune from procurement ...

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