Case Study Of Project Procurement Management
It has become clear that the global change and growth in markets, environment, technology, and economy: a more efficient method in procurement management is required for faster service with greater customer satisfaction.
According to PMBOK Guide (2013:355) Project Procurement Management is the processes of procuring products, services, or results required by the buyer from which is outside the project team. The organization can be either the buyer or seller of the products.
Project Procurement Management includes the contract management and change control processes required to develop and administer contracts or purchase orders issued by authorized project team members (PMBOK Guide,
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Discussion
The discussion for this study is based on Project procurement in the context of agile project management and other methods such as lean-agile procurement.
PMBOK Guide (2013:355) provides the following Project procurement processes:
• Plan procurement management: The process of identifying the suitable vendor, stipulating the approach required and documenting the project procurement decisions.
• Conduct Procurement: The process of selecting a vendor obtaining vendor response and awarding of a contract to the suitable vendor
• Control Procurement: The process of monitoring contract performance, procurement relationship and making changes and corrective measures as applicable.
• Close Procurement: The process of completing each stage of project procurement.
3.1. Agile Procurement
According to Layton (2014), the Agile Manifesto values customer teamwork over contract negotiations which sets an important tone for procurement relationships on agile projects. The Agile Manifesto sets forth the idea that a buyer and the vendor work together to create products and governs the entire procurement process. The buyer and the seller cooperate together for the delivery of the products which means that both parties have an important role to play in the
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Key benefits of going agile on procurement
• Greater transparency allow managers to control project scope and cost
• The business has complete visibility into progress throughout the project
• Stakeholders are encouraged to respond to change after each iteration
• There is a continuous collaboration between business & IT throughout the project
• Business value is delivered early and often
4. Conclusion
Based on the investigations and the findings of the study, the following conclusion is made:
• New approaches to evaluation are needed to select capable agile suppliers and teams
• Agile Procurement needs to consider all of the spend categories involved in delivering agile projects
• Implementation of agile management in procurement requires departments and organization to be open-minded for change in order to apply agile project management in procurement.
• The Vendors should get training for agile since there’s a high number of vendors who are not familiar with agile project management.
5. Recommendations
Based on the findings of the study it is recommended that:
• Agile project management becomes implemented in the project procurement management
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