Procurement-Pls validate my understanding
Submitted by MeenaBalaji on Tue, 11/06/2012 - 00:24
Forums:
Hi All,
I'm just trying to put the procurement process together. Pls validate my understanding of the below terms
1. Procurement Mgmt Plan - Once you decide to buy, it tell you how you are going to go about the procurement process
2. Procurement SOW - Contains ALL the work to be done by seller+meeting, reporting and communication reqd
3. Procurement documents - Its Procurements SOW + Terms and Conditions. Can be IFB, RFP or RFQ
