13 PROCUREMENT MANAGEMENT PLAN
Under the Monrovia Ultra-Modern Market (MUMM) the Project Manager will be responsible for the oversight and supervision for all procurement related activities. For a successful end of the MUMM project the Project Manager will coordinate with the team to identify items to be procured. The office of the Project Management will review the list of items to be procured and further submit to the supply chain department. Supply chain than review the listing of items to be procured and coordinate with the program team to begin the procurement processes.
13.1 The below table demonstrate goods and services that are crucial to the successful completion of the MUMM project. The list in the table will be reviewed by the
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Goods and services procured will be done under fixed-price contract Request for Quotation (RFQ). The project team will work closely with the supply chain department to give actual specification of goods and services and expected date of delivery. The supply chain department will request for bids from vendor/supplies.
The PM along with team and supply chain department will meet to decide on the category of procurement to meet project needs. The supply chain department is required to confirm all the prerequisites are met. The RFQ form as should be completed with all relevant information. The supply chain department may insert additional rows for other criteria such as discounts, warranty, after sales etc. if required. All procurement documents will be submitted for review by the team. The final approval will be done by the head of office.
13.3 Procurement Risks
Potential risk are sometimes associated with procurement processes however they must be managed in procurement activities carry some potential for risk which must be managed in harmony with risk management for the project. Below are some risk linked with procurement to
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The donor will be included in project meetings because it is a sensitive issue and will rise up any issues related to procurement. Relationship between all parties is vital to the project procurement plan.
13.5 Decision Criteria
The below decision criteria in the selection and awarding of procurement contracts in line with the UMM project will be as follows:
supplies/vendor capacity to deliver goods and services as per the require date or delivery
supplies/vendor capacity to deliver quality goods and services
supplier/vendor should have and maintain excellent performance in the past
The supply chain department and the PM will considered the above decision criteria and finally decide
13.6 Supplies/Vendor Management
It is the responsibility of the project manager (PM) to manager supplies /vendor. Meetings will be held with the supply chain department to follow up and the status of procurement and when necessary this will include supplies /vendor. This meeting will surround the discussion on goods and services specification and quality. The PM will be in-charge to schedule this
The framework is completely versatile as both deals and store numbers develop and is coordinated with the Company 's general record framework. The framework is Windows based, coordinates EFTPOS, and gives full in-store answering to permit simple access to current stock data, offer through rates, gross benefit accomplished and deals staff execution. The coordinated framework likewise supports the month to month reporting bundle gave to administration and the Board. The purpose of offer helped stock requesting framework gives a blend of unified and decentralized requesting and is accomplished by means of the utilization of a protected system between the stores and head office. All requests are put with suppliers by means of the head office PC framework, permitting simple following and compromise of requests.
Following is a report completed for the executives of Frist World Bank Savings and Loan, with the objective to provide information on appropriate kernel options including the pros and cons of each. The importance of a software management plan, the use of installing anti-virus software on our Linus servers, monitoring and logging techniques used in a typical Linux infrastructure are all included within. Additionally, a description and explanation of the importance of a suitable backup plan is described. First let’s discuss each option and understand each. The kernel is highly configurable, it represents an opportunity to better secure our systems.
CHAPTER 8 OPERATION PLAN: ENTERPRISE STRATEGY AND THE ENTERPRISE DELIVERY SYSTEM Enterprise Delivery System Parvani is a bag retailing business that offers classic and multi-purpose bags to our target market, which are female between the ages of 15-24 years old that are residing in NCR that uses sling bag. Our product is classic because of its minimalist design, which will match every outfit and it is multi-purpose because it can be a sling bag and clutch at the same time and it will be convenient to use since its consist of three pouches that will help women to organize their things easily. Operational Process for the Four Functional Areas Marketing Input
Budget constraint is one of the most important constraint, so fund should be available for arranging the meeting. Projector and sound system should be checked before starting the meeting. Automated machine for taking tea and coffee should be available in the meeting place. Before starting the meeting, all the participants must avail them. AC 1.6 Explain the responsibilities of the meeting chair and meeting secretary: Chairperson:
As stated in the case “because foreign sourcing does not support just-in-time deliveries, Bose “had to find a way to blend low inventory with buying from distant sources”, Suppliers should be able blend into technological innovation of Bose and be able to respond to Bose ’s needs in a timely manner to bring new products to market as quickly as possible. If not, it could have a devastating effect on sourcing of materials, inventory management and customer service which are core competencies of Bose. Question 2. What should be the relationship between Bose’s supply management strategy and the development of its performance measurement
Evaluation of Project Management Methodologies Project Management Methodologies are a sequence of diverse procedures designed to support project managers and team members. The purpose of using these methodologies in project management is to complete the tasks involved in the project faster and with strategies in place to handle issues when they arise. It leads the team throughout the project and delivers steps to follow and targets to achieve during the project lifetime. Below analysed are some of the popular project management methodologies used by organizations: Agile This method tries to provide rapid, continuous delivery of product to the customers (PM Methodologies, n.d.).
Main Management Methodologies and Differences between them Difference methodologies used in project management are, PMI PMBOK PRINCE2 Agile Waterfall Approach Depending on the project size and the type we can consider one of the above and can argue one is better than the other. PMI PMBOK This is a method produced by project management institute and revised and printed every four years. It includes following identified knowledge areas, Project Integration Management Project scope Management Project Time Management Project Cost Management Project Quality Management Project HR Management Project Communication Management Project Risk Management Project Procurement Management PMBOK Application on construction industry can be shown as
The description of the project is created which then must be approved by the senior management. Not all projects are approved to go to the planning process (Wysocki, 2013). Once it is approved the planning process begins. In this process two questions must be answered "What will you do?"
It is widely recognized that organizational culture has an impact on project performance (Brown, 2008; Andersen et al., 2009). Many studies have been carried out and several dimensions of organizational culture have been investigated, e.g. the organizational strategy, structure, culture, systems, behavioral patterns and processes of an organization, thereby determining the internal environment required for project management to be successful. A study of the literature reveals there are three types of organizational culture impacts: i. Corporate culture with an indirect influence – several authors have looked at different aspects of corporate culture having an indirect influence on project success, such as: how decision-makers respond to
The two main risk assessment tools mentioned above (Risk Assessment Matrix & Risk assessment Data Sheet) can be applied at all project levels; the whole project level, the sub-project level, and at the tasks level that are performed on a day-to-day basis. In the risk assessment process; risk assessment will be performed by a special team consists of technical staff, project managers, field staff, operating members, and selected customers and suppliers and other stakeholders in accordance with the project elements and their impact on the project completion rate (project baseline hierarchy). The project leader will select and assign a schedule through it he can lead his team members and document the results of the risk assessment session step
In all scenarios the inventory should be procured at the EOQ (Economic Order Quantity) level to minimise cost and stock outs. The above mentioned 5 steps would bring more reliability and predictability in the business relationship between L.L.Bean and its vendors. This collaborative supply chain will result in a flexible, agile, more responsive and stable supply chain with reduced lead times & reduced stock outs.
Task 3(b) The purpose of the Procurement Management Plan is to define the procurement requirements for the project and how it will be managed from developing procurement documentation through contract closure. The Procurement Management Plan defines the following: • Items to be procured with justification statements and timelines • Type of contract to be used • Risks associated with procurement management • How procurement risks will be mitigated through contract performance metrics, insurance, or other means • Determining costs and if/how they’re used as evaluation criteria • Any standardized procurement templates or documents to be used • How multiple suppliers will be managed if applicable • Contract approval process • Decision criteria
Personal Statement “ Professional skills is the basic requirement for you to survive; but if you would like to step further, you should learn how to be qualified manager, or at least, you should become a engineer with good manage capacity.” That is the words my line manager told me at a construction site during my first internship. At present, the elaborate labor division have set invisible barriers between each industries, especially in the construction filed, which requires a higher level of cooperation when dealing with complex construction tasks. Therefore, the Project Management, which can provide me with the advanced management skills, is the ideal program for me. It was during my experience at the Street Dancing Club that I discovered
As a result of the events of Dremliner, Boeing has improved their supply chain management process by incorporating continuous improvement strategies and implementing ways to encourage open lines of communication amongst their supply base. Boeing 's supply chain management places emphasis on on-time deliveries and streamlining common standard processes across their suppliers. Boeing has developed several tool to not only monitor and audit the best practices and overall performance of the supplier, but aid in collaborative communication amongst their entire supply base.
He/ She must all provide information required by Project Manager/ CCB for decision making. Provide feedback on effectiveness of actions taken in line with approved