Project Management

Plan Procurement – Contract Types

April 11, 2010
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Introduction A contract defines the exact way a procurement action will be carried out by defining the responsibilities of the seller as well as the buyer. There are two major types of these legally binding agreements. The first and the most used type are the fixed type contracts. The seller is bound by the...

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Make or buy Analysis and Expert Judgment

April 10, 2010
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Introduction Whether part of the project deliverables is to be created/ produced/ developed in-house, or the item could simply be bought from some agency from an external agency is a crucial decision for minimizing risks to a project’s success. The projects exact scope and the requirements for the deliverables define the project outcomes; expert...

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Inputs to procurements planning process

April 8, 2010
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Introduction There are a range of inputs you need to consider when planning procurement. These are, at a minimum, the scope baseline and the requirements document. These define the project requirements in a detailed manner. Teaming agreements, the risk register and the risk related contract decisions tend to cover your actions against risks. The...

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Plan Procurement

April 7, 2010
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Introduction Procurement needs arise from the need to rationalize what needs to be made inside the organization, by the project team, and what ought to be bought from outside the organization. The optimization of this partitioning of make versus buy of project deliverables and related products, services or result arise from the need to...

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Procurement management overview

April 6, 2010
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Introduction Project related procurement process is quite an involved one and has four distinct stages that project leaders must be familiar with. The procurement processes are about both sides of the deal. The related processes must manage the buying of items, components and possibly services from others. Similarly processes must exist in an organization...

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Forming the team

March 16, 2010
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Forming the team

Getting a team, getting them to be tuned up for the project and then keep them tuned through the project life cycle is one the most important professional responsibility of a manager assigned to any project. The project manager usually gets assigned to the project at very initial stages, thus he/she would have contributed...

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Knowledge Improvement

March 14, 2010
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If forming a team for high performance and training it up for peak performance is an important professional responsibility of immediate concern over the project lifecycle, knowledge improvement qualifies as a little longer term. Actually there are two parts in this. One is of immediate concern, as the organization’s process assets keep getting updated...

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Improve Knowledge

March 13, 2010
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Improve Knowledge (for self as well as the profession) Improvement of organizational process assets are important an that was discussed as part of one of the articles in this set of articles about a project manager’s professional responsibilities. An important aspect of this knowledge management is that a project manager is responsible for improving...

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Environmental Factors & Social responsibility

March 12, 2010
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There are a lot of factors around the project in a larger context. The so called environmental factors are very important and need to be taken into consideration for every action plan being made. Overlooking any one could increase the risks associated with the project manifold. The other aspect that is sort of related...

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Developing the Team

March 11, 2010
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Despite all the high technology tools, material and and other resources you have available, it is the human resources that makes all the difference to a project. Thus their skills and other competence they have and how well they fit are important considerations prior to their induction into the team. Having been inducted into...

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