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Module 12 - Control Procurement vF22 Students.pdf -...

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11/28/20221ProjectProcurementManagementPMPG 5012Module 12 – ControlProcurementsAgendaReviewControl procurements processesProcurement administrationProcurement data analysis techniques:Performance reviewsEarned value analysisTrend analysisProject procurement reportingFor Next Class2Procurement Lifecycle3123
11/28/20222Project Procurement ManagementKnowledge AreaInitiatingProcessGroupN/APlanningProcessGroupPlanProcurementManagementExecutingProcessGroupConductProcurementsMonitoringandControllingProcessGroupControlProcurementsClosingProcessGroupN/A4Control ProcurementsThe process of managing procurement relationship,monitoring contract performance, and makingchanges and corrections as appropriate, and closingout contractsKey benefit:it ensures that both the seller’s andbuyer’s performance meet the project’srequirements according to the legal agreement5Control Procurements (cont.)Includes application of project management processesto the contractual relationship.Includes integration of the procurement outputs intothe overall management of the project.When managing multiple sellers, integration of multipleoutputs (products, services, results) occurs at variouslevels.6456
11/28/20223Procurement ContractBoth the buyer and the seller administer theprocurement contract to ensure that both parties meettheir contractual obligations and their legal rights areprotected.Project team must be aware of the legal implications ofactions taken when controlling procurements.When dealing with multiple providers, contractadministration is managing communication among thevarious suppliers.7Contract Administrative ActivitiesCollection of data and managing project recordsMaintenance of detailed records of physical and financialperformanceSet up of measurable procurement performanceindicatorsFine tuning of procurement plans and schedulesGathering, analyzing, and reporting procurementrelatedproject dataPayment of invoices8ControlProcurements9InputsProject management planProject documentsAgreementsProcurement doc.Approved change requestsWork performance dataEnterprise envr. factorsOPAsTools & TechniquesExpert judgmentClaims administrationData analysisInspectionAuditsOutputsClosed procurementsWork performance informationProcurement documentationupdatesChange requestsProcurement management planupdatesProject documents updatesOPAs updates789
11/28/20224101.Project management plan2.Project documents3.Agreements4.Procurement documentation5.Approved change requests6.Work performance data7.Enterprise environmental factors8.OPAs1. Project Management PlanRequirements management planRisk management planProcurement management planChange management planSchedule baseline112. Project DocumentsAssumption logLessons learned registerMilestone listQuality reportsRequirements documentationRequirements traceability matrixRisk registerStakeholder register12101112

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