Procurement workflow

 

 

 Hi

Does anyone has a complete work flow of procurement process from make-or-buy decision to close procurement. Also, what process group each process is belongs? 

or please validate and let me know if anything wrong.

 

KEY INPUTS
 
 

PLAN PROCUREMENT

CONDUCT PROCUREMENT

ADMINISTER PROCUREMENT

CLOSE PROCUREMENT

MAKE OR BUY DECISION

SELECT SELLER (ADVERTISEMENT, INTERNET, ETC)

HOLD PROCUREMENT PERFORMANCE REVIEW

CREATE LEASONS LEARNED

CREATE PROCUREMENT MANAGEMENT PLAN

SEND PROCUREMENT DOCUMENT

CHANGE REQUEST

COMPLETE FINAL CONTRACT PERFORMANCE REPORT

CREATE PROCUREMENT SOW

BIDDER CONFERENCE

ADMINISTER CLAIMS

ISSUE FORMAL ACCEPTANCE

CREATE TERMS AND CONDITIONS

SELLER SENDS THE PROPOSAL

 

UPDATE RECORDS

CREATE PROCUREMENT DOCUMENTS

RECEIVE PROPOSALS

REVIEW THE BUY NEED

PERFORMACE FINANCIAL CLOSURE

SOURCE SELECTION CRITERIA

COMPARE PROPOSALS USING SOURCE SELECTION CRITERIA (WEIGHTING, SCREENING ETC)

REPORT PERFORMANCE

 

REQUEST PROPOSAL??

RECEIVE PRESENTATION FROM SELLER (OPTIONAL)

MONITOR PERFORMANCE AGAINST THE CONTRACT

 

 

HOLD NEGOTIATION

MAKE PAYMENTS

 

 

 

PERFORM INSPECTIONS AND AUDITS

 

KEY OUTPUTS
 

PROCUREMENT MANGEMENT PLAN

SIGNED CONTRACT

CHANGE REQUEST

FORMAL ACCEPTANCE

PROCUREMENT SOW

 

PROJECT MANAGEMENT PLAN UPDATES

CLOSE PROCUREMENTS

PROCUREMENT DOCUMENTS