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Procurement Process

23 十二月, 2015 - 16:27

LEARNING OBJECTIVES

  1. Describe the components of the procurement plan.
  2. Identify the decisions made when selecting the type of contract.
  3. Describe how bidders are qualified, solicited, and chosen.
  4. Identify the methods used to manage the contracts.

The project procurement cycle reflects the procurement activities from the decision to purchase the material or service through the payment of the bills and closing of procurement contracts.