Project Management through PicturesWhat is Conduct Procurement?

Conduct Procurement is the process in which the Buyer formally initiate the process of obtaining good or service. It includes the process of advertising the Request for Proposal (RFP) or Request for Quotatios (RFQ) or Tender notice in newspaper, Government website so that Sellers can have a look what is needed.

The Seller based on his or her interest prepare the Proposal or Bid and submit to Buyer. Buyer evaluate each of the bid and finally decide a Seller or select a group of sellers for further negotiation.

Conduct Procurement is part of Executing Process Group

The Conduct Procurement in pictures are following

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What is a Project Charter?

What is a Project Management Plan?

What are Organizational Structure?

What is Brainstorming?

PM: Do you know your Project Cost?

PM: How accurate is your Project Cost Estimates?

How to calculate Team utilization index?

How to motivate your Project Team?

PM: Do you know your Communication Channel?

What is XMR Chart?

What is Plan Procurement Management?

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