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Question
Introduction:
In a large organization, a specialized department or team performs the procurement function. However, not every organization can support such a department or team. In a smaller organization, the project manager is expected to perform procurement functions while managing the project. In such a case, the onus of successful procurement lies with the project manager.
Task:
Think of an organization without a central purchasing function. Now, answer the following questions:
• What are the tasks that the purchasing function performs?
• How does successful procurement affect the various phases of a project?
• How can project managers facilitate procurement?
Summary
The question belongs to Operations Management and it is about purchase function. While in a large organization, the procurement process is taken care of by a separate department. But, in a small organization, the project manager has to take care of purchase and the various sub-tasks in purchasing have been answered in the solution.
Total Word Count 386
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Perfect bank of solution.
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