This refers to the practice of sourcing goods and services that are produced and supplied sustainably. That is, their production, use, and disposal have the minimum adverse environmental impacts. It is a way to promote sustainable practices among producers. Green procurement influences the market t…This refers to the practice of sourcing goods and services that are produced and supplied sustainably. That is, their production, use, and disposal have the minimum adverse environmental impacts. It is a way to promote sustainable practices among producers. Green procurement influences the market towards innovation and development of greener goods and services. It not only reduces a project's environmental footprint but also instills an organizational culture oriented towards sustainability and long-term environmental stewardship.
Guide to Green Procurement as per PMBOK Guide Seventh Edition
Green Procurement, also known as sustainable procurement refers to the procurement process in which environmental considerations are taken into account along with financial and quality factors.
Importance: Green Procurement is important because it allows corporations to reduce their carbon footprint and engage in responsible, sustainable business practices. It is a key element in reducing waste, conserving natural resources, promoting energy efficiency, reducing hazardous materials, and promoting the use of reusable and recyclable materials.
How It Works: Green Procurement works by integrating environmental considerations into decisions on procurement. Companies assess what impact their purchases will have on the environment and choose the option that causes the least harm. In addition, Green Procurement also involves setting procurement policies that prioritise purchasing from companies whose processes are environmentally friendly.
Answering Questions on Green Procurement in Exam: When answering questions on Green Procurement in an examination, ensure to keep in mind the key aspects of this procurement process. Understand the important role of policy setting, supplier selection, and the greater impact on reducing the adverse effects on the environment. Don't forget to highlight the benefits of green procurement and its role in achieving sustainable development, as this is a key concept of the PMBOK Guide Seventh Edition.
Exam Tips: In an exam scenario, questions on Green Procurement could range from defining the concept, stating its importance, explaining its workings, or providing real-world examples of its application. Remember to focus on the holistic understanding of the concept and its application rather than merely focusing on the theoretical aspect. Match your answers with the guiding principles and themes of the PMBOK Guide Seventh Edition, and you are sure to ace any question on Green Procurement.
Your project's progress is behind schedule which could be improved by procuring more machinery. However, this may negatively impact your project's green procurement initiative. What should be your course of action?
Question 2
In a project aiming to implement green procurement practices, the project manager needs to select vendors who prioritize environmentally friendly products and sustainable practices. Which of the following procurement strategies aligns best with the project's green goals?
Question 3
In a green procurement initiative for a new office building project, which of the following strategies would best support sustainable practices?
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