High level process steps for conducting project procurements
Outline and explain high-level process steps for conducting
project procurements. Outline and explain contract administration policies and
procedures. Describe tools and techniques for the contract administration
process, including the following: Contract change control process Procurement
performance reviews Inspections and audits Performance reporting Payment
process (n/30, n/60, and so forth) Records management system (RMS) Describe conflict
resolution techniques used while managing contractual relationships. Outline
steps to be taken to close out project procurements. Explain the importance of
closing project procurements and accounts. Examine external influences on the
procurement and risk management process. Analyze the relationship between the
risk response plan and the external influences.
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