Managing any project requires a great deal of collaboration and logistics. Factors such as item procurement, contractor selection and supplier reliability can all impact your project’s completion, so streamlining these aspects in the most efficient way possible is essential.
SitelogIQ is the professional consulting company you need when planning your project procurement. Our program managers are here to help you make sense of the many decisions your purchasing department will need to make with in-depth consultations and ongoing project management.
What Is Project Procurement Planning?
Project procurement planning is the process of deciding what your business needs to buy to complete a project, when to purchase these items, and who you should buy them from. After careful preparation, you’ll be better able to ensure the timeliness of your items’ delivery. A procurement plan keeps your project on schedule and budget.
The project procurement planning process helps you decide on your procurement expectations and methods. SitelogIQ can help you with steps including:
- Identification: The purchasing department and project manager should work together to develop a list of items necessary for the project.
- Selection: Before you can begin work, you’ll need to select suppliers who can handle your specifications. Contractors will bid on available jobs, and the project manager can determine which of these suppliers to choose based on custom selection criteria.
- Control: Once each supplier understands their requirements and signs their contract, the project manager will need to stay in continual communication to ensure reliability. Your manager will arrange regular meetings, review orders and monitor delivery progress.
- Assessment: After the project is complete according to the terms outlined in the contractors’ agreements, you can assess the final project. Your project manager and purchasing department will set up performance measurements and audits as needed.