procurement
DESCRIPTION
PMP ProcurementTRANSCRIPT
Procurement
Scenario
• Contractor does not show up on meetings
• Type of contract
• Documentation of the contract
Scenario
• Selection of PM after the contract
• Urgency to do the procurement otherwise project would be delayed
• Relations with the supplier?
• Case of multiple sellers
Centralized and decentralized contracting
• Expertise
• Commitment
• Easier access
• Satisfaction
• Experience
• Learning
• Padding of costs
• Urgent need
• Change orders
• Incentives
• Terms and conditions (Handouts from the class on an international training)
• Seller reports
• Force majeure
Breach of contract
• Seller’s payments
• Formal communication
• Compromise
• Arbitration
• Non-competitive forms of procurement
• PM’s discretion
• Privity
• Patents
• Competition amongst sellers
• Bidders conference
• Equality to all sellers
• Seller’s PM?
• Buyer’s PM?
• Conflict of interest, presence of a relative
• Hiring of relatives
Negotiation Tactics
• Limited authority
• Missing man
• Deadline
• Fair and reasonable
• Scenario for plumbing lines
• Construction contractor not delivering
• A large number of changes in the project
• Claim
• Contract’s legal standing
• Difference between contract closure & administrative closure
• Procurement audit