If you think that the Project Manager alone is responsible for everything related to Procurement, you are wrong. This is where the Procurement Manager comes into the picture.
Procurement Manager is also sometimes referred to as a Contract Administrator or a Contract Manager. A Procurement Manager administers the contract and is the only person who has the authority to make any changes in the same.
It should be noted here that the Procurement Statement of Work (SOW) is also a part of the contract. This means any change in the Procurement SOW, in addition to going through the usual Change Management process, will also have to be approved by the Procurement Manager.
If an organization follows Centralized Contracting, it will have one procurement department and a Procurement Manager may handle procurements of several projects.
If an organization follows Decentralized Contracting, it will assign a Procurement Manager to each project. The Procurement Manager will report directly to the Project Manager and help with project procurements.
Check more articles onĀ Procurement Management
https://youtube.com/live/8NUZ0j2XyJI The 5-Why technique is often presented as a perfect tool for root cause analysis.…
https://youtu.be/qHwsX9TbAGg?si=RWuHNbFRPnE1U9UE The CAPM is one of the most practical entry points into a project management…
https://youtu.be/njvcYdtPoBU Is the PMP a "golden ticket" to any industry you choose? Many project managers…
https://youtu.be/nO5FvMggbH4 Choosing between the Certified Scrum Master (CSM) and the Professional Scrum Master (PSM) is…
https://youtu.be/d1xC3uXtx2Q Guest - Jessie Haraszkiewicz Is project management really that different from raising a child?…
https://www.youtube.com/watch?v=RGqg7yo0rHo The credential is your starting line, not your finish line. While the Google Project…