{"id":35,"date":"2021-10-21T21:48:19","date_gmt":"2021-10-22T01:48:19","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/projectcostsrisksqualityprocurement\/part\/4-0-planning-and-managing-project-procurement\/"},"modified":"2021-12-27T22:57:37","modified_gmt":"2021-12-28T03:57:37","slug":"4-0-planning-and-managing-project-procurement","status":"publish","type":"part","link":"https:\/\/pressbooks.bccampus.ca\/projectcostsrisksqualityprocurement\/part\/4-0-planning-and-managing-project-procurement\/","title":{"raw":"4.0 Planning and Managing Project Procurement","rendered":"4.0 Planning and Managing Project Procurement"},"content":{"raw":"\"\"\r\n
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Learning Objectives<\/strong><\/p>\r\n\r\n<\/header>\r\n

\r\n\r\nBy the end of this section, you will be able to:\r\n
    \r\n \t
  • Describe the procurement management processes<\/li>\r\n \t
  • Discuss the significance of procurement planning<\/li>\r\n \t
  • Examine procurement approaches and strategies<\/li>\r\n \t
  • Create procurement plans in a predictive and agile approaches<\/li>\r\n \t
  • Apply the concept of make or buy analysis to decision making<\/li>\r\n \t
  • Conduct Procurement - Create vendor list\u00a0and select a vendor<\/li>\r\n \t
  • Create procurement contracts and manage contracts through the project life cycle<\/li>\r\n \t
  • Manage procurement contracts including types of contracts.<\/li>\r\n \t
  • Discuss current trends in procurement management<\/li>\r\n \t
  • Apply appropriate models, artifacts, and methods for enabling project outcomes<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n

    Introduction<\/h2>\r\nT<\/span><\/span>o achieve the objectives of the project, the\u00a0<\/span>project<\/span>\u00a0team will purchase goods and some services. The process of obtaining goods and services from providers who are outside of the organization is procurement.<\/span>\u00a0The<\/span>\u00a0process for selecting the work that will be procured and the different methods and processes for procuring\u00a0<\/span>resources such\u00a0<\/span>as equipment<\/span>, materials, and services for the project<\/span>\u00a0<\/span>requires procurement planning and management.<\/span><\/span>\u00a0<\/span>\r\n

    \"\"<\/h2>\r\n

    <\/h2>\r\n

    SHOW WHAT YOU KNOW<\/h2>\r\n[h5p id=\"14\"]","rendered":"

    \"\"<\/p>\n

    \n
    \n

    Learning Objectives<\/strong><\/p>\n<\/header>\n

    \n

    By the end of this section, you will be able to:<\/p>\n

      \n
    • Describe the procurement management processes<\/li>\n
    • Discuss the significance of procurement planning<\/li>\n
    • Examine procurement approaches and strategies<\/li>\n
    • Create procurement plans in a predictive and agile approaches<\/li>\n
    • Apply the concept of make or buy analysis to decision making<\/li>\n
    • Conduct Procurement – Create vendor list\u00a0and select a vendor<\/li>\n
    • Create procurement contracts and manage contracts through the project life cycle<\/li>\n
    • Manage procurement contracts including types of contracts.<\/li>\n
    • Discuss current trends in procurement management<\/li>\n
    • Apply appropriate models, artifacts, and methods for enabling project outcomes<\/li>\n<\/ul>\n<\/div>\n<\/div>\n

      Introduction<\/h2>\n

      T<\/span><\/span>o achieve the objectives of the project, the\u00a0<\/span>project<\/span>\u00a0team will purchase goods and some services. The process of obtaining goods and services from providers who are outside of the organization is procurement.<\/span>\u00a0The<\/span>\u00a0process for selecting the work that will be procured and the different methods and processes for procuring\u00a0<\/span>resources such\u00a0<\/span>as equipment<\/span>, materials, and services for the project<\/span>\u00a0<\/span>requires procurement planning and management.<\/span><\/span>\u00a0<\/span><\/p>\n

      \"\"<\/h2>\n

      <\/h2>\n

      SHOW WHAT YOU KNOW<\/h2>\n
      \n