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66 items found

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4 Essential Considerations for Supplier Selection

by Shaoping Cao

Suppliers play an important role in projects, so the supplier selection process is crucial. We can avoid some risks if we take the following considerations into account during the supplier selection process.

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.

Always Understand Your Contracts!

by Andy Jordan

Many project managers don’t think they have any accountability in contract management because their organization has a procurement of contract management function. Nothing could be further from the truth.

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.

Before You Dive In...Make Sure the Water Is Warm

by Brent Langevin

The Pay for Success (PFS) approach provides a compelling “try before you buy” platform for conducting a new product or service analysis. Is there a way to “experience” the needs and challenges of engaging in a PFS initiative, and to “visualize” the potential benefits of the offering, without a large commitment of resources to such an up-front effort?

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