Project Procurement Management- What a Project Manager Should Know About it
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Project Procurement Management- What a Project Manager Should Know About it

经过法赫德Usmani, PMP

In business, no two projects are ever the same.

It would be nice if every task required the same resources but that’s not going to happen. Sometimes additional manpower is needed; other projects require additional goods and services from outside vendors to get the job done.

As a result, it’s necessary to have an understanding of procurement process – or the business of going beyond the confines of your company’s everyday capabilities.

For the project managers, this is a big responsibility, as well as a huge opportunity to showcase their skills and prove that they can accomplish tasks requiring outside resources.

Although, there are numerous variables in the project procurement management, there are four specific phases that can help ensure the job is accomplished on time and on budget.

Close Procurement vs Close Project
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Close Procurement vs Close Project

经过法赫德Usmani, PMP

This blog post is now obsolete as the close procurement process is absent from the 6th edition of the PMBOK Guide.

At first, you may think that the close procurement process and close project process are synonyms of each other. I have seen people asking for clarification on them in several PMP forums, because they have many things in common. It can be difficult for students of project management to distinguish the two.

This blog post is meant to clear up these concepts. After reading this, you won’t have any problem differentiating between these processes.

Before we start discussing in detail, let’s make sure we all understand the key terms: procurement, phase, and project.

Enterprise Environmental Factors (EEF) & Organizational Process Assets (OPA)
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Enterprise Environmental Factors (EEF) & Organizational Process Assets (OPA)

经过法赫德Usmani, PMP

Though the nature of a project is temporary, they are not performed in isolation. They work in a controlled environment and affected by Enterprise Environmental Factors (EEF) and Organizational Process Assets (OPA).

The Project Management Institute terms them as influences. Enterprise environmental factors can be internal or external, while organizational process assets are always internal to an organization.

Enterprise environmental factors and organizational process assets are widely discussed in the PMBOK Guide and are inputs of almost all processes. You must have a thorough understanding of these terms.

Although the concepts are straightforward, many PMP aspirants fail to understand them and often make mistakes on the exam.

RFQ Vs RFP: Request for Quotation Vs Request for Proposal

RFQ Vs RFP: Request for Quotation Vs Request for Proposal

经过法赫德Usmani, PMP

请求报价（RFQ）和提案请求（RFP）是我们将在今天的帖子中进行比较的两个关键采购文件。项目采购管理帮助团队来源材料，设备，人工和使用合同或采购订单的所有服务。对于基于解决方案的要求，您应该使用提案请求。但是如果你…

RFI与RFQ：信息请求与报价请求

RFI与RFQ：信息请求与报价请求

经过法赫德Usmani, PMP

Project procurement management is concerned with sourcing material, consumables, and human resources for project execution. An end result is a binding contract between two parties. Contracting processes start with bidding, and RFI and RFQ are bidding documents that let performing organizations interact with prospective contractors. RFI stands for Request for Information and RFQ stands for…

Procurement Contracts in Project Management: Types and Examples

Procurement Contracts in Project Management: Types and Examples

经过法赫德Usmani, PMP

Today we will discuss procurement contracts in project management, types of procurement contracts, and their examples. Every organization needs procurement for further growth, and they need outside help to achieve their objectives. Procurement, obtaining goods and services, is a requirement for businesses that want to survive and grow. You must understand the procurement regardless of…

What is a Contract?

What is a Contract?

经过法赫德Usmani, PMP

Every project manager is keenly aware of the importance of contracts. A project is a contract between the client and your organization. You may also have additional contracts with suppliers and subcontractors. In today’s blog post, we will investigate contract types, and when you should use each one. Let’s get started. What is a Contract?…

Time and Materials Contract in Project Management: Definition, and Examples

Time and Materials Contract in Project Management: Definition, and Examples

经过法赫德Usmani, PMP

Today we will discuss the time and materials contract in project management. This contract is used when the buyer, lacking the skills required for a project and needing it completed quickly, requests services and/or hires consultants. Here, the buyer will recruit experts through a time and materials contract. In a time and materials contract, the…