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Flashcards in Control Procurements Deck (9)
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1
Q

What is the purpose to Control Procurements?

A

Process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed.

2
Q

What are the tools and techniques in Control Procurements?

A

1) Contract Change Control System, 2) Procurement Performance Reviews, 3) Inspection and Audits, 4) Performance Reporting, 5) Payment Systems, 6) Claims Administrations, 7) Records Management Systems

3
Q

What is Contract Change Control Systems?

A

Outlines the processes and procedures for modifying contracts.

4
Q

What is Procurement Performance Reviews?

A

Structured review of sellers progress.

5
Q

What is Performance Reporting?

A

Informing the stakeholders of seller’s effectiveness.

6
Q

What is Payment Systems?

A

Used to facilitate invoices.

7
Q

What is Claims Administrations Procedures?

A

Process of resolving disputes.

8
Q

What is Record Management Systems?

A

Used by project manager to manage procurement records.

9
Q

What is Inspection and Audits?

A

Ensure a seller is following the quality protocols called for by the contract.