Procurement Management during project Management process:
A Procurement Management Process, or Procurement Process, is a method by which services are purchased from outside the organization. The procurement management process involves managing and review the contract and work with approval of final product from suppliers.
"In essence, the procurement process helps you "Get what you have paid for"
"You can download this product from SlideTeam.net"
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear. https://bit.ly/3oihfzw
Procurement Management during project Management process:
A Procurement Management Process, or Procurement Process, is a method by which services are purchased from outside the organization. The procurement management process involves managing and review the contract and work with approval of final product from suppliers.
"In essence, the procurement process helps you "Get what you have paid for"
"You can download this product from SlideTeam.net"
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear. https://bit.ly/3oihfzw
Development of a procurement strategy and making the aquisition and purchasing choice by Derek Hendrikz. passive, independent, supportive and integrative strategies. Outsourcing vs. insourcing and bottle neck, critical, routine and leverage sourcing discussed.
www.derekhendrikz.com
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear.
Chapter 13 of ICT Project Management based on IOE Engineering syllabus. It mostly focused on procurement management process flow, plan purchases and acquisition process, select seller process etc and more. Provided By Project Management Sir of KU
Purchasing and procurement in Material managementKaustubh Vartak
Purchasing is a subset of procurement. Purchasing generally refers simply to buying goods or services. Purchasing often includes receiving and payment as well.
Procurement Management is one of the key aspect of project success. As a PM you whole need a solid understanding of different contract type, how your company specific procurement process works and how does general procurement process be conducted
Development of a procurement strategy and making the aquisition and purchasing choice by Derek Hendrikz. passive, independent, supportive and integrative strategies. Outsourcing vs. insourcing and bottle neck, critical, routine and leverage sourcing discussed.
www.derekhendrikz.com
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear.
Chapter 13 of ICT Project Management based on IOE Engineering syllabus. It mostly focused on procurement management process flow, plan purchases and acquisition process, select seller process etc and more. Provided By Project Management Sir of KU
Purchasing and procurement in Material managementKaustubh Vartak
Purchasing is a subset of procurement. Purchasing generally refers simply to buying goods or services. Purchasing often includes receiving and payment as well.
Procurement Management is one of the key aspect of project success. As a PM you whole need a solid understanding of different contract type, how your company specific procurement process works and how does general procurement process be conducted
Project Procurement Management_Taipei101Hungyu Lai
Project Procurement Management, 2015 Fall
A procurement management plan based on the assumption of the Taipei101 case
Planned and Presented in UCI PM class
I am Continuously seeking to improve my competencies and skills to provide first class professional Project Management training courses; and develop my scope experience in Project Management functions.
I am confident that my innovative and results-focused approach would make significant contribution to the continued success of your organization.
For more information do not hesitate to contact me.
Ahmad H. Maharma - PMP®
Ramallah, Palestine
Phone: + (972) (2) 2968644
Mobile: + (972) (599) 001155
E-Mail: ahmad.maharma@gmail.com
Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place and from the right source for the direct benefit or use of corporations, or individuals, generally via a contract. Procurement planning identifies which part/s of the project should be procured from resources outside of the organization. Weather or not to procure resources from outside depends upon what is more cost effective and certain other factors.
One of the most important aspects of procurement is contract and vendor management. There are different type of contract, out of which an organization chooses the most profitable one for its project. Contract closure includes setting all planned objectives with the vendor and the confirmation that all obligations of the contract were met as expected. The final step is the project closure which includes processes at various levels of the organization.
PMP Chap 12 - Project Procurement Management Details - Part 1Anand Bobade
PMP Chap 12 - Project Procurement Management Details - Part 1
Regardless of the project, when procurement results in hiring vendors who will complete all or some of the work on a project, Project managers need to understand their role in the procurement process. This presentation summarizes important procurement concepts, vendor selection process and contracting process.
CONTEMPORARY PROJECT MANAGEMENT, 4ETimothy J. KloppenborgVit.docxaidaclewer
CONTEMPORARY PROJECT MANAGEMENT, 4E
Timothy J. Kloppenborg
Vittal Anantatmula
Kathryn N. Wells
‹#›
Project Supply Chain Management
Chapter 13
‹#›
Chapter 13 Core Objectives:
Identify the role of supply chain management in project management and its importance for ensuring project success.
Describe how to plan, conduct, & control project procurements.
Chapter 13 Technical Objectives:
Describe the various formats for supply contracts and when each is appropriate.
Given a project situation, determine which activities, supplies, or services should be purchased; create bid documents; determine criteria you would use to select a seller; & determine which type of contract you would use.
Chapter 13 Behavioral Objectives:
Explain how to use the contemporary approach to project partnering and collaboration.
Super Absorbent Polymer Turf (SAPTURF)
“The SAPTURF project required a strong team. Successful commercialization of IP is a long shot, so room for project management error is slim. I realized I would need to compensate for lack of in-house resources. Lack of in-house resources is an advantage! I was free to look for the best resources…”
Chris Tetrault, owner and founder, SAPTURF
6
Introduction to Project Supply Chain Management
Inter-organizational purchasing-related issues supply chain management
A supply chain consists of all parties involved in fulfilling a customer request
Integrating SCM into PM can significantly enhance the effectiveness of project management
Introduction to Project Supply Chain Management
Integration of related functions to acquire needed products and services
Purchasing
Supply management
Procurement
Project Supply Chain Management
A system approach to managing flows of physical products, information, & funds from suppliers and producers, through resellers the project organization for creating customer satisfaction
SCM Components
Make-or-buy decision
Contract types
Collaboration and cooperation
System integration
Make-or-buy decisions – deciding whether to make something in-house or purchase it from a vendor
SCM Factors
The importance of SCM to general project management depends on a number of factors:
Value of outsourced products/services relative to value of the project
The timing of the work being purchased
Capability of the project team
Role of the outsourced work in the entire project
Number of suppliers required
Structure of the procurement supply chain
SCM Decisions
Distribution network configuration
Inventory control in supply chain
Logistics
Supply contracts
Distribution strategies
Supply chain integration & strategic partnering
Outsourcing & procurement strategies
Product design
Information technology & decision-support systems
Matching internal inadequacies with external experience
Project Procurement Management Processes
Plan Procurement Management
Conduct Procurements
Control Procurements
Plan Procurement Management
Plan for purchasing and acquisition
Complete most of pr.
•Over 10 years of professional experience, as expert procurement professional, inventory controlling, and overseas operation.
•Participated in developing tender and contract policies according to Abu Dhabi procurement regulations 2008, Article NO.6 to improve business performance and cut cost.
•Involved in Re-engineering Procurement Process and Procedures.
•Manage multiple projects, and budget controlling.
•Suppliers sourcing & negotiation skills. Contracts performance evaluation & raw material planning.
•High potential communication and analytic skills.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
2. Project procurement management:
1- Plan procurement (Planning)
2- Conduct procurement (execution)
3- Administer procurement (monitor & control)
4- Close procurement (closing)
3. Plan procurement
Process of documenting project purchasing decisions,
and identifying sellers selection criteria.
4. Inputs
• Scope baseline
• Requirements
documentation
• Teaming
agreement
• Risk register
• Risk –related
contract decision
• Activity resource
requirements
• Project schedule
• Activity cost
estimates
• Cost performance
baseline
• EEF
• OPA
Tools & techniques
• Make or buy
analysis
• Expert judgment
• Contract type
Outputs
• Procurement
management plan
• Procurement
statement of
work
• Make or buy
decisions
• Procurement
documents
• Source selection
criteria
• Change requests
5. Input
Project management plan: Scope baseline
Requirements documentation
Risk register
Activity resource requirements: contain
information on specific needs such as people,
equipment, or location
Project schedule: contains information on required
timelines or mandated deliverable dates.
6. Activity cost estimates: used to evaluate the
reasonableness of the bids or proposals received from
potential sellers.
Stakeholder register
EEF
OPA
7. legal contractual relationships:
Fixed-price contracts: fixed total price for a defined
product, service, may incorporate financial incentives
for achieving or exceeding selected project objectives.
buyers need to precisely specify the product or
services. (seller risk)
Firm Fixed Price Contracts (FFP).
Fixed Price Incentive Fee Contracts (FPIF)
8. Cost-reimbursable contracts: Involves payments to
the seller for all legitimate actual costs incurred for
completed work, plus a fee representing seller profit.
Scope of work cannot be precisely defined at the start
and needs to be altered, or when high risks may exist
in the effort. (buyer risk)
Cost Plus Fixed Fee Contracts (CPFF)
Cost Plus Incentive Fee Contracts (CPIF)
9. Time and Material Contracts (T&M): often used for
staff augmentation, acquisition of experts, and any
outside support.
10. FP
Buyer less management ,he know the total price
More expensive more than CR, more work to specify
SoW
11. CR
Simpler SoW, lower cost than FP
Require auditing the seller’s invoices, more work to
manage, the seller has moderate incentive to control
cost.
12. Tools & techniques
Make-or-Buy Analysis
120 is daily lease cost
1000 is investment cost with 20 daily cost
120 D = 1000 + 20 D
D=10
Expert Judgment
Market Research: includes examination of industry and
specific vendor capabilities
Meetings
13. Output
Procurement Management Plan: how a project
team will acquire goods and services from outside the
organization:
Types of contracts to be used
Handling the make-or-buy decisions
Standardized procurement documents
Procurement metrics to be used to manage
contracts and evaluate sellers
14. Procurement Statement of Work:
defines only that portion of the project scope that is to be
included within the related contract, include:
Specifications
Quantity desired & quality levels
Period of performance
Work location
Other requirements.
15. Procurement Documents: request for information (RFI),
request for proposal (RFP), invitation for bid (IFB), request
for quotation (RFQ), invitation for negotiation (IFN).
Source Selection Criteria:
Overall or life-cycle cost
Technical capability
Risk
Warranty
Past performance of sellers
19. Tools & techniques
Bidder conference
Sellers have a clear and common understanding of the
procurement requirements.
Proposal evaluation techniques:
formal evaluation review process will be defined by the
buyer’s procurement policies
Independent Estimates:
have an estimate of costs prepared by an outside
professional estimator, to serve as a benchmark on
proposed responses
20. Expert Judgment
Advertising
Analytical Techniques: identify the readiness of a
vendor to provide the desired end state, and avoid cost
overruns due to change.
Procurement Negotiations
21. Contract contents: usually most of contracts contains
the following :
Statement or work/ deliverables
Schedule baseline
Project period
Pricing
Payment terms
Warranty
Penatlies
Incentives
Insurance arrangements
Change request criteria
Acceptance criteria
Claims handling.
22. Administer procurement
Process of managing procurement relationships,
monitoring contract performance, and making
changes and corrections as needed.
23. Inputs
• Procurement
documents
• Project
management
plan
• Contract
• Performance
reports
• Approved
change requests
• Work
performance
information
Tools &
techniques
• Contract change
control system
• Procurement
performance
reviews
• Inspection &
audits
• Performance
reporting
• Payment systems
• Claim
administration
• Records
management
system
Outputs
• Procurement
documentation
• organizational
process assets
• Change requests
• Project
management
plan updates
24. Tools & techniques
Contract Change Control System: defines the
process by which the procurement can be modified. It
includes the paperwork, tracking systems, dispute
resolution procedures
Procurement Performance Reviews: review of the
seller’s progress to deliver project scope and quality,
within cost and on schedule, as compared to the
contract
Inspections and Audits: to verify compliance in the
seller’s work processes
25. Performance Reporting
Payment Systems:
Claims Administration: If the parties themselves do
not resolve a claim, it may have to be handled in
accordance with alternative dispute resolution (ADR)
(mediation, arbitration, courts)
Records Management System: The system contains
a retrievable archive of contract documents and
correspondence
26. Close procurement: process of competing each
project procurement
Inputs
• Project
management
plan
• Procurement
documentation
Tools &
techniques
• Procurement
audits
• Negotiated
settlements
• Records
management
system
Outputs
• Closed
procurement
• Organizational
process assets
updates