1. What is Project Procurement “Project Procurement” may be defined as a series of commercial and administrative activities (inputs, elements and outputs) which are managed in discrete packages and have a typical lifecycle through the course of a project. The lifecycle of these packages or “procurement packages” can be broken down into phases which may include: The Setup of Procurement Tools, Strategic Sourcing, Supplier Prequalification, Preaward - (Tendering (RFT) or Quotation (RFQ)),  Expediting, Inspection, Field Procurement and Surplus Disposal. The above list is by no means the entire scope of work carried out by Procurement on a project and is written as a general guide only.    Home  2  3  4  5  6  7  8  9  10  11 12 13     14 15 16