Planning and Administering Project Contracts

Research Paper (undergraduate) from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1, Atlantic International University (School of Bussiness and Economic), course: Project Management, language: English, abstract: The project procurement management is a vital element for project success and failure. It is a facilitating process towards the accomplishment of the project deliverable objectives of scope, time, cost and quality through integrating all of the project management body of knowledge's on one track with viable execution strategy. The project procurement management improves the triumph of project performance balancing the project constrains and mitigating the risks. Hence, this brief essay is intended to acquire the project management community with the perfect understanding of what role do the project procurement plays in the performance of modern project based management. It describes with the practical case study of Water sanitation and Hygiene development project.