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Traditional procurement approach

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Reference no: EM133347582

If project-based firms continue to use traditional procurement approaches (i.e. tender submission), it is likely to negatively impact partner commitment, satisfaction and stability of relations, which will cause cost and time overruns on projects.

1. Considering that project-based firms will continue to work with divergent partners on projects, what can project managers do to strengthen partner relations?

2. Use the space provided below to discuss how to solve the previous problem by applying specific project management theories (e.g., integrated project delivery, managing teams and performance, project leadership, stakeholder management, etc.). Please specify the theories used. You can use an many theories as you want.

Reference no: EM133347582

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