A project procurement vision statement

Procurement plays a critical role in maintaining high quality, low cost, and timeliness in big projects. A lengthy case study ofprocurement on a big project is used to highlight some successful strategies for managing difficulties. As a tool for avoiding procurement problems and delivery slippage, this article proposes a vision of managed project procurement which goes beyond the task-based approach discussed in the PMBOK® Guide and better illuminates the purpose of tasks and the energy level required to complete them. Effective management of the procurement effort must include ways of capturing and sharing up-to-date delivery cycle information and strategies for expediting efforts when problems begin to show up.
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