Description
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Deliverable Length: 600 - 750 words
Description:
As you expected, many of the older project managers at ADC are not happy that you are going to coordinate the procurement process for the scheduling tool. These project managers believe that their years of experience make them exempt from following proper project management guidelines. Therefore, you need to present the benefits of using a procurement process and the negative consequences of not using a procurement process.
Start by reviewing the Project Management Institute's A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Sixth Edition Knowledge Area on Project Procurement Management. Use the course materials, textbooks, and Web resources to develop your understanding of how procurement and contract management fit in to the project management life cycle.
PMBOK is a registered mark of the Project Management Institute, Inc.
Within the Discussion Board area, write 600–750 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
- Use the library to select a case study with regard to procurement and project management.
- The selected case study should address how a lack of control over procurement adversely affected the project.
- Address the following questions using your selected case study as support:
- In your opinion, why was the lack of procurement detrimental to the project in your case study?
- What steps could have been taken to prevent the problems from the beginning of the project?
- What would you have done to correct the project once problems had already arisen? Why?
- Provide 1 example of a time when you feel that you successfully performed procurement activities. Explain why you think it was successful.
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Running head: PROCUREMENT MANAGEMENT
Procurement Management
Institution Affiliation
Date
1
PROCUREMENT MANAGEMENT
2
Introduction
Procuring services and products for a project is a multistep process. Once followed, the
procurement process promises to assist a project to achieve its goals. Project managers are faced
with many vendor related challenges in terms of quality, schedule and costs due to lack of an
effective procurement protocol. This paper discusses the consequences of poor procurement
management and ways that they can be prevented or solved. It recognizes that procurement
management is essential to delivering a project whose deliverables meet the desired qualities and
objectives.
Negative Consequences after Lacking a Procurement Process
Consequences of poor procurement management can be short-term or long-term. "Shortterm issues can be confusion, redundant spending, and misinterpretation of contracts and needs"
(Boariu, 2015). Also common in poor procurement management is improper supplier analysis.
These issues then affect the quality of the product being delivered which then reduces cust...