Showing posts with label project procurement management process. Show all posts
Showing posts with label project procurement management process. Show all posts

Friday, November 8, 2013

PROJECT PROCUREMENT MANAGEMENT (Based on PMBOK 5 th Edition )

Project Procurement Management includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team. The organization can be either the buyer or seller of the products,services, or results of a project. Project Procurement Management includes the contract management and change control processes required to develop and administer contracts or purchase orders issued by authorized project team members.