~templates anD toOls for pRojEct ManaGemeNt~

~you may search any templates or tools for help in serve good project management~

~just click this link:http://www.method123.com/~

~cHaPtEr 12:prOjEct ProcuReMenT manaGeMeNt~

~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~

~cHaPtEr 11:prOjEct RisKs manaGeMeNt~

~processes in project risk management~

~Chapter 11 has discussed about project risk management that will includes the understanding of the importance of good project management risk. As noted, there is the art and science of identifying, analyzing, and as well as responding to risk throughout the life of a project. It also can help improve project by helping select good projects, determining project scope, and developing realistic estimates. For the actual, risk can be a negative risk and positive risk. Negative risk mentioned that the responsibility of loss or injury, while positive risk is the risk that result in good things happening and also called an opportunity. There are have six processes in project risk management which risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, risk monitoring and control. ~

~sample of Risk breakdown structure~

~There is much software that is provided to assist in project risk management for example like risk register can be created in a simple word or excel for those who not have any experience to use sophisticated risk software. For the expert use, the sophisticated software that is provide to assist such as Monte Carlo simulation tools which help in analyzing project risk. Result of good project risk management: unlike crisis management, good project risk management often goes unnoticed. Well-run project appear to be almost effortless, but a lot of work goes into running a project well. Project manager should strive to make their jobs look easy to reflect the results of well-run projects. ~

~Sample Monte Carlo Simulation Results for Project Schedule~