Best value from suppliers

Success Problem

The project manager is unable to obtain the best value from the suppliers or partners in procuring the resources needed for the project.

Impact

Necessary resources are not available in planned time, structure, volume and price. Pro-ject runs behind the schedule and planned costs.

Recommendation

Implement make/buy analysis and revise your supplier selection procedures, diversify the types of contracts to be used and apply adequate claim management procedures.

Category

• Procurement