Project procurement management

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  • Chapter 11 - Project procurement management. After reading this chapter, you will be able to: Understand the importance of project procurement management and the increasing use of outsourcing for information technology (IT) projects; describe the work involved in planning procurements for projects, including determining the proper type of contract to use and preparing a procurement management plan, statement of work, source selection criteria, and make-or-buy analysis;...

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  • Lecture Project management in practice - Chapter 15: Project procurement management. This chapter presents the following content: Procurement and project management, procurement management plan, outsourcing project work, contracting and contract types,...

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  • Chapter 7: Contract and Procurement Management. Many times it is the project manager that is on the buying end of the project. Most of the time we think of projects as work that we are doing to produce a set of deliverables that will be delivered to some organizations. However, often the project manager is required to hire another project manager to produce goods and services for his or her organization. When this is done, the roles and responsibilities of the project managers change somewhat. It is necessary to have assurance that the hired project manager and his or her team will...

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  • Chapter 17a: Question about CONTRACTS AND PROCUREMENT 1. A project manager must make a narrative description of the project. This narrative description covers the items that will be supplied under the contract with the client. It is called: a. b. c. d. The project plan. The statement of work. The exception report. The progress report. 2. A project manager discovers that there is a part of the project that contains some risk. His or her strategy with this risk is to subcontract the work to an outside supplier by using a firm fixed price contract. Which of the following is true? a....

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  • Chapter 17b: Answer key about CONTRACTS AND PROCUREMENT 1. Answer: b A statement of work is the description of what the project is about and what will be delivered. The project plan is complete and contains the detailed work that the project will do, complete with task descriptions and schedule, cost, and scope baselines containing a real schedule and budget. An exception report describes items that are not as planned, and a Pareto analysis is a quality management tool used to prioritize defects into the most frequently occurring. 2.

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  • Chapter 18 PURCHASING. Recall the full procurement cycle includes: Procurement planning - determining what to procure and when Solicitation planning - documenting product requirements and identifying potential sources Solicitation - obtaining quotations, bids, offers, or proposals as appropriate Source selection

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  • Chapter 6 PROCUREMENT. Many telecom projects require procurement of equipment of services from outside the company. Most service development projects involve some acquisition - perhaps purchasing ATM or DSL equipment or service components for wireless service.

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  • Abstract Amulti-attribute group decisionmakingmethod composed of intuitionistic fuzzy set and TOPSIS will be introduced into project material bidding procurement. First, the opinions of experts about bidders and indicators’ attributes are expressed by linguistic terms, and then turned into intuitionistic fuzzy numbers, which can be used to obtain the weights of the indicators’ attributes and experts. Based on the opinions of decision makers and IFWA operators, an aggregated intuitionistic fuzzy decision matrix is formulated. In the end, the bidders are ranked by TOPSIS method....

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  • (BQ) Part 2 book "Project management for modern information systems" has contents: Managing quality, change and closeout management, procurement and outsourcing, stakeholder management, software systems for project management, managing multiple projects,...and other contents.

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  • Other Comprehensive Income Statement of Financial Accounting Standards No. 130 Comprehensive income includes traditional net income and changes in equity from nonowner transactions. 1. Changes in the market value of securities available for sale (described in Chapter 12). 2. Gains, losses, and amendment costs for pensions and other postretirement plans (described in Chapter 17). 3. When a derivative is designated as a cash flow hedge is adjusted to fair value, the gain or loss is deferred as a component of comprehensive income and included in...

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  • Describe the purpose of the balance sheet and understand its usefulness and limitations. The Balance Sheet The purpose of the balance sheet is to report a company’s financial position on a particular date. Limitations: The balance sheet does not portray the market value of the entity as a going concern nor its liquidation value. p Resources such as employee skills and reputation are not recorded in the balance sheet. p Usefulness: p The balance sheet describes many of the resources a company has available for generating future cash flows.

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  • Discuss the general objective of the timing of revenue recognition, list the two general criteria that must be satisfied before revenue can be recognized, and explain why these criteria usually are satisfied at a specific point in time.

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  • An engineer, procure and construct (EPC) contract is a form of D&B contract under which a design engineer or firm of design consultants heads a team which includes an experienced contractor and perhaps a plant supplier. The promoter specifies his project requirements in outline which the team designs in detail in continued liaison with him. The EPC organization arranges and manages construction, letting specialist work packages out as necessary to suitable sub-contractors.

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  • Every deliverable has a cost. Where possible the cost for each deliverable and milestone should add up to form the project budget. If the project budget is a critical indicator of progress – for example, in the case of a procurement project – you must specify how the work will be done within budget and how work will be reported: for example, percentage complete, actual versus projected outlays and so on. Your plan should also list the resources needed to achieve each deliverable.

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  • The long duration of Trichet bonds removes the immediate crisis caused by short term expiration of significant amounts of debt which is looming over Greece, Ireland, Portugal, Spain and possibly other EU countries. Trichet bonds allow distressed countries to defer maturities over a longer period and to effect economic reforms before having to return to capital markets on the basis of their own credit-worthiness. Trichet Bonds will enable sovereigns to see bond spreads be reduced considerably from their record levels at present.

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  • Tài liệu tham khảo Đánh giá hồ sơ dự thầu . Tài liêu được dịch từ : Managing Risk in large Project and Complex Procurements

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  • The Security and Information Technology Services unit assesses the IRS’s information technology (IT) programs by implementing audit strategies that evaluate: (1) Cybersecurity, including reviews of the Federal Information Security Management Act of 2002 (FISMA), 1 audit trails, privacy, security monitoring and reporting, and incident management; (2) Systems Modernization and Application Development, including reviews of the Modernization Program, computer applications supporting the Patient Protection and Affordable Care Act (Affordable Care Act), and other high priority projects...

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  • User Choice and Control. Similarly, project and process management are impacted by this type of effort. For example, departments may find it easy to buy public cloud infrastructure services on a corporate credit card for some projects. While this may be part of your plan, it must be managed by IT. Otherwise, users can circumvent IT’s oversight of service-level, corporate policy, and compliance requirements. IT should participate in the approval and procurement processes to ensure the corporate good. Demand.

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  • Readings in Business Administration (3-4 semester credits) Students pursue detailed readings in the theories, principles and practices of business and economic development. Individualized reading projects might include studies in banking and finance, business management, entrepreneurial studies, business communications, business ethics, human resource management, logistics and materials management.

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