EProcurement

The increasing use of electronic procurement systems has tended to tie businesses to businesses in an unprecedented network of collaboration and cooperation in the acquisition of materials and goods, and services. Product development teams now integrate contractors and vendors directly into the project through eProcurement systems that allow instant exchange of project and product information and documents.

The reason integrated project management is important is that we are increasingly aware that projects fail or "underperform" because of the lack of organizational and management support and the dysfunctional separation of key financial, human resource, marketing, and IT systems from project management in the typical company. In fact, projects naturally disintegrate.

In the integrated model, the basic tools of project management, e.g., work breakdown, scheduling and schedule variance control, chartering, resource management and cost variance control, project team development, portfolio project selection, product development, quality control and assurance, project review and performance monitoring, and interface management, are placed in a simple conceptual framework.

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.

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