INFS5001 Lecture Notes - Lecture 8: Change Control, Fixed Price, Team Building

• School: University of Sydney
• Department: Business Information Systems
• Course: INFS5001
• Professor: Dr Peter

Document Summary

Project procurement management comprises: the processes which are undertaken to purchase or procure products, services or results from outside the project team contracts management and change control processes necessary to develop contracts. The sellers or contractors to a project need to also undertake project procurement management processes to meet client needs. Pla(cid:374) p(cid:396)o(cid:272)u(cid:396)e(cid:373)e(cid:374)t (cid:373)a(cid:374)age(cid:373)e(cid:374)t document project procurement decisions, specify the approach and identify potential suppliers. Co(cid:374)du(cid:272)t p(cid:396)o(cid:272)u(cid:396)e(cid:373)e(cid:374)ts obtain responses from suppliers, select suppliers and award contracts. Co(cid:374)t(cid:396)ol p(cid:396)o(cid:272)u(cid:396)e(cid:373)e(cid:374)ts manage supplier relationships, monitor contract performance and make amendments to contract. The planning process produces make or buy decisions procurement management plan . Procurement statement of work criteria for selecting sources procurement and change management documents. So(cid:373)e (cid:396)easo(cid:374)s to (cid:271)u(cid:455) thi(cid:374)gs to reduce both fixed and recurrent costs. To allow the client organizations to focus on its core business. So(cid:373)e (cid:396)easo(cid:374)s to (cid:373)ake thi(cid:374)gs idle plant or workforce want to retain control involves proprietary information or procedures.