Contract and Suppliers

Please tell me what tasks are involved when setting up contracts with external suppliers?



The appointment of suppliers is one of those tasks that is typically underrated in the project management lifecycle. If you wish to appoint suppliers which meet your project needs it is important to define what those needs are. Your project needs once defined leads to the production of a statement of work. This will be issued to suppliers as part of a request for information. Suppliers will then register an interest in meeting your needs and they will then complete a proposal document which will be reviewed by your team prior to contract negotiations with a preferred supplier.

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