FIT2002 Lecture Notes - Lecture 11: Fixed Price, Unit Price
25 Jul 2018
School
Department
Course
Professor
Document Summary
Procurement: acquiring goods and/or services from an outside source. Why outsource: access skills and technologies, reduce both fixed and recurrent costs, allow the client organisation to focus on its core business, provide flexibility, more economical increase accountability. Project procurement management: acquiring goods and services for a project from outside the performing organisation. Procurement management processes: planning: planning procurement management: determining what to procure and when and how to do it. Outputs: procurement management plan, procurement statements of work, source selection criteria, make-or-buy decisions: executing: conducting procurements: obtaining seller responses, selecting sellers and awarding contracts. Outputs: selected sellers, agreements, resource calendars: monitoring and control: controlling procurements: managing relationships with sellers, monitoring contract performance, and making changes as needed. Outputs: work performance information, change requests: closing: closing procurements: completing and settling each contract or agreement, including resolving any open items. Procurement management plan: how the procurement processes will be managed from developing documentation for making outside purchases or acquisitions to contract closure.
