MIS 340 Lecture Notes - Lecture 28: Project Management Body Of Knowledge, Outsourcing, Payment System

• School: Iowa State University
• Department: Management Information Systems
• Course: MIS 340
• Professor: Townsend Anthony

Document Summary

External suppliers: resource providers outside the host organization, logistical considerations. Internal suppliers: resource providers inside the host organization, logistical considerations, family concerns. End users and implementers: those who use project"s output, those who implement the project"s output. Political players: project supporters and opponents. Outside organization develops or runs an activity for another company: off or on-site, rationale. Enables company to better focus on core business. Internal resources can be freed for other tasks. Project procurement management processes (pmbok: plan purchases and acquisitions, plan contracting, request seller responses, select sellers, contract administration, contract closure. Fixed-price: bound by the price quoted, less problematic when product or service is well-defined. Cost-reimbursable: reimbursement of costs + profit % Procurement management plan: who prepares the evaluation criteria, plan for multiple vendor management, acquisition of procurement documents, procedures for coordinating the procurement process with other project tasks. Statement of work (sow: document detailing product or service requested from vendor.