Reference no: EM133198405
PJM 400 Colorado State University Assignment - Procurement in Project Management Discussion
Description - Please reply to the below discussion in at least 250 words and 2 APA cited references 1 of which should be from the required reading list.
Required -
Chapter 1 in Procurement, Principles & Management
Review Part 1, Chapter 1, Section 1.1, 1.2, and Chapter 12, Section 12.0 in A Guide to the Project Management Body of Knowledge Recommended
Lonsdale, C., Hoque, K., Kirkpatrick, I., and Sanderson, J. (2017). Knowing the price of everything? Exploring the impact of increased procurement professional involvement on management consultancy purchasing. Industrial Marketing Management, 65, 157-67.
White, G. R. T., Parfitt, S., Lee, C., & Mason, J. R. (2016). Challenges to the Development of Strategic Procurement: A Meta-Analysis of Organizations in the Public and Private Sectors. Strategic Change, 25(3), 285-298.
References - Baily, P., Farmer, D., Crocker, B., Jessop, D., & Jones, D. (2015). Procurement, principles & management (11th ed). United Kingdom: Pearson (Intl) Inc.
Project Management Institute. (2017). A guide to the project management body of knowledge (PMBOK® Guide) (6th ed.). Newton Square, PA: PMI Publications.
1. How and why does procurement contribute to the success of a project or project-based organization?
2. What are some procurement-related factors that support project success?
3. What are some procurement-related factors that lead to project failure?