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Project Procurement and Contract Management

Project Procurement and Contract Management

Paperback

Business General

ISBN10: 6209563651
ISBN13: 9786209563652
Publisher: LAP Lambert Academic Publishing
Published: Feb 24 2026
Pages: 204
Weight: 0.62
Height: 0.47 Width: 6.00 Depth: 9.00
Language: English
Appropriate Project procurement models, theories and technologies help project managers and staff to delivery projects within cost, time and quality. Effectiveness in procurement and contract management has been enhanced by embedding technology innovations like AI, Robotics Automation, Blockchain Technology into complex contract models like PPPs. Procurement focuses not only focuses on acquisition of goods and services from external sources but also on choosing the right procurement model like PPP, while contract management ensures those goods and services or projects are delivered according to the agreed-upon terms and conditions. Procurement finds the right vendors or EPC contractors and negotiates the best deals, while contract management ensures those deals are honored and deliver value to the project.

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Business General