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What is Procurement and Ethics in Project Management about?

This lecture discusses project procurement, contract management, and ethics. It covers the key stages of the procurement process including requirement definition, solicitation, awarding contracts, and contract administration. Different types of contracts are explained such as fixed price, cost plus fixed fee, and term contracts. Factors to consider when selecting a contract type include the degree of cost and schedule risk. The importance of ethics, managing relationships, and following good procurement pra

Author

Syed Abdul Mussaver Shah

Language

EN