Vendor Management is the process of working with vendors to get the things you need for your project, when you need them, to the specifications you need, and at a fair price. So, how can you work with your project’s vendors, to achieve this?
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I have already done a video on How to Work with Consultants.
So, under ‘vendor management, we’re focusing on suppliers of:
But perhaps I should first answer the question, what is a vendor?
Vendor = Supplier or reseller
This is the process for managing relationships, controlling costs, risks, and quality, and so achieving value.
This is a wider process, that also includes:
There are vendor management software tools. If you have them available, they will be likely to make your life easier as well as help you comply with your organization’s internal processes.
Carefully curated video recommendations for you:
I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. I added my own.
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Dr Mike Clayton is one of the most successful and in-demand project management trainers in the UK. He is author of 14 best-selling books, including four about project management. He is also a prolific blogger and contributor to ProjectManager.com and Project, the journal of the Association for Project Management. Between 1990 and 2002, Mike was a successful project manager, leading large project teams and delivering complex projects. In 2016, Mike launched OnlinePMCourses.
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