Project Procurement Management: The process of sourcing the required products and services from outside the project. This includes the contract management and change control processes required by the project team to manage the contract, as well as the management of the contract between the project buyer and the project team.
The main consists of 6 processes:
(1) Procurement planning: Determine the procurement content, procurement time.
(2) Preparation of contracts (preparation of Inquiry plan): Record the project's demand for products and services, and look for potential suppliers.
(3) Tender (Inquiry): Access to appropriate information, health care, tenders, offers or proposals.
(4) Supplier Choice: Review all offers, identify suppliers and negotiate and contract.
(5) Contract management: Managing contracts and buying and selling relationships, reviewing and documenting supplier performance to establish necessary corrective actions and as a reference for future selection of suppliers, managing contract changes and contractual relationships with project clients.
(6) Contract closure: Contract fulfillment and liquidation, including decision-making on a number of outstanding items.
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Job 3.3: What is included in procurement management