Project Management Process Procurement Planning

Q: I’m on a large project at the moment and we’re outsourcing chunks of work to vendors. How does the procurement planning project management process you have help me to do this?

A: We’ll, our project management process has a lot of information which describes how to plan the procurement elements of your project. As you will already know, finding the right vendor, outsourcing the right stuff and managing vendor performance is an important part in achieving project success. By taking the steps listed in this project management process, you will be able to create a detailed procurement plan by identifying the procurement requirements, researching the marketing offerings available, creating a procurement schedule and defining a procurement process.

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