Guide to Control Procurements and Exam Tips
Why is Control Procurements Important?
Control Procurements is a significant process in the Project Procurement Management knowledge area. It provides assurance that both parties meet their contractual obligations and allows for quick responses to issues and changes. Successful control of procurements reduces project risk and enhances project outcomes.
What is Control Procurements?
Control Procurements is the process of managing procurement relationships, monitoring contract performance, and making changes as needed. It covers contract interpretation, change control, inspections, performance reporting, payments, claims, and dispute resolution.
How Does Control Procurements Work?
The process begins with a procurement plan, and then procurement documents are developed. After proposals are received, the seller is selected, and the contract is administered and closed.
Exam Tips: Answering Questions on Control Procurements
- Understand the key inputs and outputs of the process
- Know how to interpret contract terms and conditions
- Be familiar with the methods of resolving procurement disputes
- Remember that contract changes must go through the Integrated Change Control process
- Always have the project's best interests in mind when making decisions regarding procurements