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60 items found

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8 Tips for Your Procurement Process

by Mohamed Hesham Youssef

Negotiating prices during procurement does not only depend on the purchaser's soft skills or negotiation techniques; technical skills also have a role. In this article, the author shares technical ideas and advice that may lead to cost reductions or price discounts.

A Comparison and Contrast Between Contract Management and Project Management (Part 1)

by Steve Olson

What can we learn from contract management and apply to our roles, organizations and projects? Welcome to this two-part article where we’ll examine the CM profession and its people, processes, tools and key success factors. Its objective is to give you a basic understanding of the CM profession and their associations, roles, methods and tools, and success factors for managing their contracts to successful outcomes.

A Comparison and Contrast Between Contract Management and Project Management (Part 2)

by Steve Olson

In Part 1 of this article, we reviewed the types of contracts, the CM methodology, profession and associations, and the role of the contract manager. Now we’ll review CM’s control tools, best practices, key success factors and the causes of failed contracts. Hopefully, this article and upcoming webinar will provide food for thought on how you can apply one or more of these to your PM role, organization or project.

Agile Contracts (Part 1)

by Mike Griffiths

Agile methods deliver many benefits in terms of their flexibility to cope with changing requirements and priorities. However, this adaptability and reluctance to be tied down on scope can create contract problems when trying to form supplier agreements or outsource work. Part 1 of our two-part series covers the challenges of agile contracting and offers some of the packaged solutions created so far.

An Eye on Supply

by Mike Donoghue

In the ever-increasing speed trip down the ramp of badly made cost-cutting decisions, many mainstream manufacturers are compromising on the quality of their products. To help address this, we all need to more carefully monitor the quality of our supplier goods.

An Insider's Guide to Shopping for Consultants

by Mark Mullaly, Ph.D., PMP

How you go about shopping for a consultant is critical. Most companies do it poorly rather than doing it well. This makes the entire process more frustrating, time consuming and expensive for all parties, consultants and customers alike. In the hope that some of this frustration can be minimized, we present an insider's guide to shopping for a consultant.

Build or Buy: How Do You Decide?

by Andy Jordan

Build versus buy decisions are crucial for success, but they aren’t simple. Some elements will be developed in house and some will be outsourced. But with such a wide ranging impact, how do you decide on the best approach?

Common Pitfalls to Avoid During the Contracting Process

by Vivek Gondi

The success of a project depends on the processes that are followed, the people who execute them and the contractual terms and conditions. This subject is all the more relevant to companies who take up work with little background and experience. Understanding some of the common pitfalls that should be avoided by sellers is essential.

Construction Industry Project Management: Priority 3 — Planning

by Mark A. Annunziata, Sr., PMP

In his first article, the author examined design and preconstruction in tier 1 construction projects (over US$ 100 million). This entry in the series explains the contracts and contractor requirements for planning. The project management plan consists of multiple parts requiring contractor submittal and owner approval. The elements of the plan are described along with instructive stories and lessons learned.

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