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How to Create a Successful Procurement Management Plan

MPUG

Having a detailed procurement management plan in place is essential to the overall success of a project. As well as enabling you to identify and document how the project will conduct its procurements, a plan will also outline the overall strategy and management approach with vendors, suppliers, and contractors.

Planning 111
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Creating a Request for Quote (RFQ) for Procurement

ProjectManager.com

Managers want to stay on budget and resources cost money, which is why they use a request for quote (RFQ) to get pricing from suppliers and contractors. Setting a baseline captures your schedule and costs so you can track that planned effort against your actual effort in real time. We’ll show you why and when you need to use an RFQ.

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What Is a Sales Order? (Example & Template Included)

ProjectManager.com

To distinguish between other transactional documents, we’ll define a sales invoice and purchase order and how they differ from sales orders. To distinguish between other transactional documents, we’ll define a sales invoice and purchase order and how they differ from sales orders. One of those business documents is a sales order.

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10 Knowledge Areas of project management (PPT & PDF included!)

Rebel’s Guide to PM

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. How many knowledge areas are there in project management?

PMI 205
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Kanban in Manufacturing: Main Uses & Benefits

ProjectManager.com

After the war, the Japanese car manufacturer Toyota looked at how supermarkets stocked only what they expected to sell at a given time. Kanban in manufacturing and production has many uses, which we detail below, as well as how it relates to lean and just-in-time (JIT) manufacturing. What Is Kanban?

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The Gantt Chart in Construction Project Management: Understanding the Best Planning & Scheduling Tool

ProjectManager.com

Gantt charts have been a fundamental project management tool for over a century, and it’s easy to understand why. We’ll show you how to make a Gantt chart in ProjectManager and why construction Gantt charts help deliver projects on time and within budget. Construction Gantt charts, therefore, are a natural fit.

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Construction project management has five phases, the same as any project. We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. To help you manage your construction projects better, we’ll even add a few free templates.