The Project Procurement Management Subsidiary Plan
The Procurement Management Plan should be defined to a level of detail to clearly identify the necessary steps and responsibilities for procurement from the beginning to the end of a project. The project manager must ensure that the plan facilitates the successful completion of the project and does not become a burden of and in itself to manage. The project manager will work with the project team, the enterprise procurement department, the finance division, suppliers, vendors, and other stakeholders (as appropriate) to manage the procurement process and activities.
Note: Introduction and Purpose section of the subsidiary must be used to explain, in your words, the purpose of the respective project management subsidiary plan. This will be an opportunity for you to explain your understanding of each of respective knowledge domain.
An â€˜exemplaryâ€™ score (2.25-2.50 points) will reflect a foundational understanding of the knowledge domain and how it integrates with your specific project in the portfolio business case. This must include the exact format requirements, it must follow the instructional guidelines, and it must align with your specific project. Errors with format, or lack of compliance with the requirements, or a mis-aligned with the content of your project will result in a loss of points. An â€˜effectiveâ€™ score (2.00-2.24 points) will reflect a basic understanding of the essential components of the â€˜subsidiary plan.â€™ Errors with format, or lack of compliance with the requirements, or content not related to the specific [project, will result in a loss of points. An â€˜ineffectiveâ€™ score (0-1.99 points) will reflect a subsidiary plan or artifact that is poorly organized and difficult to read, one that takes the words of the resource template and uses them, one that lacks format exactness and does not follow the requirements, and/or is unrelated to your project in the portfolio.
The assignment is to complete the sections of the â€˜The Project Procurement Management Plan MSPM1-GC4000 TEMPLATE,â€™ that are highlighted in yellow