Manage Projects Essay Example | Topics and Well Written Essays - 750 words

Manage Projects - Essay ExampleProcurement caution plan was designed to place the process and requirements for the cast and a closeout report is presented here. This plan united the scope of the run across with the risks associated with procurement. The plan elaborate the process from procurement planning to procurement closeout. From the first step of documentation to the contract closeout, procurement management takes into account all the risks that may occur in the process. The damage of these risks was not enormous however procurement management deals with these risks beforehand and protects the organization from loss. The procurement process runs smoothly as all the precautionary steps were taken. There was no risk of understatement or overstatement of goods which protected the picture from bearing high cost.This project was chosen because the organization needed high quality shrubs, tires and bricks and companys capacity isnt complete to produce such items inside the co mpany. The project remained well under the limit of $575,000 with $5000 to spare and they were spent on taking care of buyers claims. Project finished before the planned deadline. Out of the set risks, delayed delivery affected the schedule of the project by two days but it was cover up due to managers efficiency. Financial forecasts were very accurate as the intact project was accomplished within the monitory limitations.Management was present and available for supervision. All major management was performed by the procurement project manager but senior management was available for support and necessary tasks adulation for solicitation etc. Finances were also managed adequately. Approval from CFO was taken before planning the whole procurement.Project team worked effectively and efficiently with the stakeholders. Hierarchy was designed specifically for the whole procurement process. The project manager was responsible for the success