Explore BrainMass

Explore BrainMass

    Project Procurement and Contract Management

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Purchasing Functions

    In a large organization, a specialized department or team performs the procurement function. However, not every organization can support such a department or team. In a smaller organization, the project manager is expected to perform procurement functions while managing the project. In such a case, the onus of successful procurement lies with the project manager.

    Think of an organization without a central purchasing function. Now, answer the following questions:
    - What are the tasks that the purchasing function performs?
    - How does successful procurement affect the various phases of a project?
    - How can project managers facilitate procurement?

    © BrainMass Inc. brainmass.com March 5, 2021, 1:06 am ad1c9bdddf

    Solution Preview

    The purchasing function performs the task of ensuring that the most pertinent and high-quality material resources are purchased at the cheapest price possible, in order to fulfill project ...

    Solution Summary

    This posting describes the importance of effective procurement for project management.