Procurement Plan - Essay Example

Only on StudentShare

Extract of sample
Procurement Plan

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. ...
Download paper


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…
Author : dameonfritsch

Related Essays

Contracts & Procurement
This hotel will have the main reception, lounge bar, restaurant and function/conference facilities....
10 pages (2510 words) Essay
Contracting and procurement methods
Both products have considerable support from the user community, with Globalupgrades' support somewhat higher among the user community....
4 pages (1004 words) Essay
Contracting and Procurement in Project Management Essay
Defining what procurement management is, it is of importance that we must understand the fact that procurement is a process which involves external players therefore the project managers must take an strategic view of the whole process. Procurement is defined as "the process of purchasing goods or services from the vendors" (Phillips, 2003). This definition itself suggests two important components of the procurement process. These are the purchase of goods and services and vendors....
3 pages (753 words) Essay
Project procurement and contract management
In managing contracts related to procurement of materials in projects the purchasing manager or the specialist has to perform a series of tasks according to some predefined criteria. In the same way the purchasing specialist has to take it to consideration the number of factors that directly and indirectly impact on his performance In the first instant skills of the purchasing specialist would be enhanced by the vertically integrated organizational and management structure which essentially support the design planning and implementation of supply chain strategies, especially those directly...
7 pages (1757 words) Essay
Socially Responsible Procurement Programme
The companies in order to be successful need to cope up with the situation maintaining profitable performance and showing ethical conduct towards investors, business partners, vendors, employees, governments and communities, and the most important customers. The companies are routinely being rewarded and punished on the basis of their performance of balanced act. Thus procurement plays a major role in the outcome....
9 pages (2259 words) Essay
Procurement - Glasgow
cause all quality benchmarks were identified and attended by establishing a code of business conduct; for human resource management a rating of 4-very good is given, as the dewatering procedure based on human resource was successfully undertaken by the construction contractor; for communication management a rating of 5-excellent is given because of strong communication among team members; for risk management a rating of 3-good is given, as technical risks were identified and analysed, and for integration management a rating of 3-good is given based on the evaluation of the project management...
3 pages (753 words) Essay
Procurement - Assignment 2
ent system is vital since the correct choice may help to avoid eventualities that might negatively impact on time, costs and quality; to ensure that the project’s goals are attained. One needs to consider a variety of factors from the project’s internal and external environment in which the industry operates. A point to note is that different projects may require different systems based on a project’s features (Hashim, Yuet, Chu, Hooi, Heng & Yong 2006). Procurement systems are divided into three categories namely; traditional, management contracting and design and build methods. These...
6 pages (1506 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!