A Guide to Project Management

Of body of knowledgee l knowledgee pl mp am sa s a

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Unformatted text preview: for critical products. The tools and techniques described here may be used singly or in combination. For example, a weighting system may be used to: Select a single source who will be asked to sign a standard contract. Rank order all proposals to establish a negotiating sequence. On major procurement items, this process may be repeated. A short list of qualified sellers may be selected based on a preliminary proposal, and then a more detailed evaluation will be conducted based on a more detailed and comprehensive proposal. A Guide to the A Guide to the .1 Proposals .2 Evaluation criteria .3 Organizational policies Project Project Management Management Body of Body of KnowledgeE L KnowledgeE PL Inputs Tools & Techniques Contract negotiation Weighting system Screening system Independent estimates .1 .2 .3 .4 .1 Contract Outputs 12.4.1 Inputs to Source Selection .1 Proposals. Proposals are described in Section 12.3.3.1. .2 Evaluation criteria. Evaluation criteria may include samples of the suppliers previously produced products/services for the purpose of providing a way to evaluate their capabilities and quality of products. They also may include a review of the supplier's history with the contracting organization. Evaluation criteria are described in Section 12.2.3.2. .3 Organizational policies. Organizations involved in project procurement typically have formal policies that affect the evaluation of proposals. MP AM SA S 12.4.2 Tools and Techniques for Source Selection .1 Contract negotiation. Contract negotiation involves clarification and mutual agreement on the structure and requirements of the contract prior to the signing of the contract. To the extent possible, final contract language should reflect all agreements reached. Subjects covered generally include, but are not limited to, responsibilities and authorities, applicable terms and law, technical and business management approaches, contract financing, and price. A Guide to the Project Management Body of Knowledge (PMBOK Guide) 2000 Edition 2000 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST 155 ACROYMNS LIST Chapter 12--Project Procurement Management 12.4.2.2 | 12.5.1.4 ment ment For complex procurement items, contract negotiation may be an independent process with inputs (e.g., an issues or open items list) and outputs (e.g., memorandum of understanding) of its own. .2 Weighting system. A weighting system is a method for quantifying qualitative data to minimize the effect of personal prejudice on source selection. Most such systems involve 1) assigning a numerical weight to each of the evaluation criteria, 2) rating the prospective sellers on each criterion, 3) multiplying the weight by the rating, and 4) totaling the resultant products to compute an overall score. .3 Screening system. A screening system involves establishing minimum requirements of performance for one or more of the evaluation criteria....
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This document was uploaded on 09/27/2013.

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