What is the purpose of procurement management relative to managing projects?
What is the purpose of procurement management relative to managing projects?
Homework Answers
Answer: the purpose of procurement management related to project management is to manage the relationship with the material suppliers and service providers throughout the duration of the project. It also explains how it will be performed until the project closure. There are 4 phases for procurement management
- Planning the material and services required
- Selection of vendors and service providers
- Managing the procurement through the project life cycle
- closure
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What is the purpose of procurement management relative to
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