Some senior members of staff see procurement expenses as a necessary evil and overlook any efficiency improvement methods for this sector.
Over the past decade business procurement has experienced rapid technological upheaval that, in the main, has made life easier for everyone involved.
There’s a world of difference between projects that are taken on and carried out willy-nilly, and those that are planned with precision and finesse
Mega-projects come with big expectations. But a project’s success is often in the eye of the beholder.
Due to the large scale and outlook attached to them, mega-projects have a large opportunity for failure. Typically, the failure begins at the outset of the project, whether that be due to poor justification for the project, misalignment among stakeholders, insufficient planning, or inability to find and use appropriate capabilities.
Project management is challenging enough without the myths. The profession has come a long way since the 1990s and some of these myths are fading. However, we still see remnants of them in one form or another. Great projects cut through false assumptions and confusion, allowing their teams to make smart decisions based on reality.
29 Awesome Quotes on Risk Management
Project managers have the toughest job; you’re pulled in a myriad of different directions trying to please management, your team and your clients. While you are often asked to perform miracles with tight turnaround times, it’s your head on the block when things don’t go according to plan.
The world of Procurement is seemingly full of impassioned people absolutely certain about how, what, why Procurement is all about. Like other great lies, many of these half-truths and misleading ideas sound agreeable to the ears and come packaged as good advice from influential people.
How many of these popular lies have you fallen victim to?
Large projects fail at an astonishing rate – more than 50%, by some estimates.