Project Management, as a whole is process which comprises of different components together to form a collective project management cycle. Typically, there are always two approaches to the project management. One approach is that of project management cycle whereas another is project life cycle…
Project Procurement is a stage during the project where the actual purchasing of goods and services for the project from different vendors takes place. This suggests that this process involves different internal as well as external actors therefore the whole process become more complicated as the project managers has to establish and manage long term strategic relationships with the vendors.
This document will present a comprehensive procurement plan for our proposed project and would also attempt to align it with the rest of the project besides discussing the bidding methods for the proposed procurement.
This section of the plan will discuss the overall scope of the project by discussing the need for the implementation of the project and the expected outcomes to be achieved with the implementation of the proposed scheduling tool.
Over the period of time, project managers at American Property Development Corporation (APDC) have been working on individual projects with different scheduling tools. They were involved in buying the scheduling tools while remaining in their budgetary limits as well as were also involved in engaging with the contractors of their choice. However, with the implementation of this project, this practice would be stopped and a standardized scheduling tool would be implemented across all the working territories i.e. USA and Canada. The purpose of this project is to standardize the different practices across the organization and implement different tools and techniques to be used simultaneously. This would allow standardization of the processes by streamlining them according to the overall purpose of the organization.
The implementation of the project for the procurement of scheduling tool is based on the assumption that it will help to achieve efficiency as well as effectiveness in operations across the board and would also allow to bring in more standardization in the processes.
This section of the procurement plan would discuss the schedule for different activities which are going to take place over the period of the implementation of the project. The activities related with the project are going to be divided into three different categories in terms of procurement process. These activities are:
1. Pre-Procurement activities
2. Procurement activities
3. Post Procurement activities
Pre-Procurement activities would involve the identification of the key requirements of the project i.e. what is the actual purpose of the project and how it is going to be achieved. This would also mean that the Pre-Procurement activities would also involve the identification of the software, hardware requirement, need for human resources as well as the identification of the sources for procurement of the required equipment.
Procurement activities would involve the identification of the vendors, their solicitation as well as the writing of ...
Cite this document
(“Procurement Plan Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/307690-procurement-plan
(Procurement Plan Essay Example | Topics and Well Written Essays - 1750 Words)
“Procurement Plan Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.net/miscellaneous/307690-procurement-plan.
It will provide the guidelines for handling procurement throughout the life of the company and may be modified according to the requirements of the company. This management plan determines which essential components (e. g. laces, studded soles and leather company logo) should be procured or which sort of pact should be realized.
This plan has the following outlay. Items to be procured, Expected Cost, Budget and Schedule Procurement Team Hierarchy Contract Type Vendor Selection Contract Closure Items to be procured, Expected Cost, Budget and Schedule After finalizing the make or buy decision, the following products have been finalized for procurement.
With the increasing rapidity of change in the business environment, companies have been compelled to bring changes, especially technological changes that can so often create uncertainties and increases the risks. Egbuji (1999, p.94) defines risk as “a measure of the anticipated difference between expectation and reality”.
The procurement managers are struggling hard to do right things for the society like protecting the environment, conserving resources, treating people fairly etc. as they are struggling hard to do right thing for their business like improving performance, increasing efficiency and lowering cost.
chnical risks were identified for doing an analysis of the risks in a timely way; for cost management a rating of 2-poor is given because cost was managed at the wrong time of designing the Glasgow Tower, which was inaccurate; for quality management a rating of 3-good is given
The right procurement system enables a contractor to complete the project at the right time, within right costs and standards to the satisfaction of a client (Hashim, Yuet, Chu, Hooi, Heng & Yong 2006).
Choosing the right
Purchase model is one of the specifications of the entire process and thereby needs proper attention. Various components make up for the purchase process model. The paper looks into various parts of it and those that may be
They must provide us with the laptops and all their accessories. Moreover, the vendors should provide us with internal experts in electronics and be in a position to answer our worries. Their prices must be fair. Their discounts should be flexible. At the same time, they