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Procurement Plan - Essay Example

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Pages 7 (1757 words)


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…

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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. ...
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