Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Answer the following question :
Q1. What is procurement management? Explain the basic steps in procurement process.
Q2. What is procurement management? Explain the basic steps in procurement process.
Q3. List the features of Item Rate contracts and demonstrate how they are different from Lump Sum contracts.
Q4. What is RFP? What are the types of consultancy contract?
Q5. Briefly explain the areas of risk and causes of risk in contracts. Briefly describe five conditions for termination of a contract.
Q6. What is outsourcing? What are its benefits and draw backs? Write short notes on contract compliances.
Verified Expert
Procurement management is an important knowledge area in project management and it is a formal process by which many organizations acquire their goods and services from outside body. Hence, project procurement management involves getting work done by people outside the project organization. It includes the management of purchasing or acquiring of product, services, or projects. According to PMBoK “project procurement management includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team”. The organization can be either buyer or seller of the products, services, or results of a project”. Basic Steps in Procurement Process: Project procurement management includes the processes necessary to acquire goods and services from external organization. This involves documenting the procurement plan, planning and solicitation
the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of
Which of the following documents is an official acknowledgement of the act that a project exists? a-Project manual b-Project initiation report c-Project charter d-Project preamble
Should multinational corporations maintain in their overseas plants safety standards the same as those they maintain in their U.S operations? or should the governments of host countries determine required safety standards?
Talking about Non profit organisation like Goodwill Store or any other non profit store, identify a public relations issue within the organization. From that issue, identify 10 key stakeholders that the public relations department would need to serve..
Develop a spreadsheet model and a corresponding data table to find the best order quantity among the given alternatives.
Describe the process of decision analysis with probabilities. Make sure to talk about the expected value approach, decision trees, sensitivity analysis, and how sample information may be used to revise and improve the decision analysis. Examples?
Guy's BBQ Grille in Saskatoon serves 5,000 steaks per year. The steaks are kept in a freezer. The holding cost for each steak is $1.50. The cost to place an order is $45. The lead time is 4 days and there are 250 working days per year. What is th..
Identify all of the areas of a consumer products company in which statistical quality control can be applied. How do you measure effectiveness of processes using statistical quality control?
What is your personal professional strategy to remain competitive in this environment as globalization increases?
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
What are five drawbacks of using only subjective information in formulating strategies.
In what units is the interest rate duration measured? What is the duration of a 10-year zero coupon bond?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd