~the processes of project procurement management~~For the last chapter, it will discuss about project procurement management. It is very necessary to understand what the actual meaning of the procurement and also the importance of it. Other terms for procurement include purchasing and outsourcing goods or services from outside source. Outsource must implement because reduce both fixed and recurrent costs, allow the client organization to focus on its core business, access skills and technologies, provide flexibility and increase accountability. ~
~The project procurement management required six processes to obtain goods and services for a project from outside. There are six main processes: 1- Planning purchases and acquisitions. 2- Planning contracting. 3- Requesting seller responses. 4- Selecting sellers. 5- Administering the contract. 6- Closing the contract. All the stage of processes will have several tools and techniques to help project managers and their teams for example for planning purchases and acquisitions processes best tool like Make-or-Buy Analysis, expert judgment, and contract types. There are also uses the software which to assist in this project such: Word-processing software helps write proposals and contracts, spreadsheets help evaluate suppliers, databases help track suppliers, and presentation software helps present procurement-related information. E-procurement software does many requirement functions electronically. ~
~sample of Contract Types Versus Risk~
~sample of Statement of Work (SOW) Template~
