Procurement

Procurement is a work process of obtaining or buying goods or services from the external sources. The Procurement work process includes the supplier evaluation, selection and contract, and controls (inspection and expediting) of the purchased item, and delivery it to the demanded user or team (e.g., project equipment and materials to the construction team at the site), and making payment to the supplier. 

Related Definitions in the Project: The Procurement; Project

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.