Summary

This chapter finished up the Executing process group. We looked at Conduct Procurements, Perform Quality Assurance, Distribute Information, and Manage Stakeholder Expectations.

Conduct Procurements involves obtaining responses to bids and proposals from potential vendors, selecting a vendor, and awarding the contract. In this process, the selection committee will use proposal evaluation techniques to prioritize the bids and proposals, and the outcome is that a seller (or sellers) is selected and contracts awarded.

Contracts have cycles of their own, much like projects. Phases of the contracting life cycle include requirement, requisition, solicitation, and award. Changes to the contract are managed with change requests.

Changes that cannot be agreed upon are contested changes. These take the form of disputes, claims, or appeals. They might be settled among the parties directly, through a court of law, or through arbitration.

During the Perform Quality Assurance process, quality audits are performed to ensure that the project will meet and satisfy the project's quality standards set out in the quality plan.

Distribute Information is concerned with making certain project information is available to stakeholders at the right time and in the appropriate format. Distribute Information is performed throughout the life of the project.

The Manage Stakeholder Expectations process concerns making certain communication needs and expectations of the stakeholders are met, managing any issues stakeholders might raise that could become future issues, and resolving previously identified issues.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

Get My Free Ebook


Post a comment