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Introduction:
In a large organization, a specialized department or team performs the procurement function. However, not every organization can support such a department or team. In a smaller organization, the project manager is expected to perform procurement functions while managing the project. In such a case, the onus of successful procurement lies with the project manager.
Task:
Think of an organization without a central purchasing function. Now, answer the following questions:
• What are the tasks that the purchasing function performs?
• How does successful procurement affect the various phases of a project?
• How can project managers facilitate procurement?
Specification Stage, Design Stage, Build Stage, Capital revenue in the Public Sector, recurrent revenue in the Public Sector, Policy Framework (PF), Vision Statement, Mission Statement
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Identify "Risk" in project management
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