Monitor the flow of events and tasks among project stakeholders, PMs, the procurement management team and subcontractors. Michael Taylor, a project manager with more than 30 years of experience, ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

What important features of RFIs and RFQs do project managers need to know? Your email has been sent Requests for information (RFI) and Requests for Quotes (RFQ) can confuse even the most seasoned ...

Staying ahead in the procurement industry requires embracing new ideas that improve decision-making abilities while also streamlining the operations of a company. Businesses are taking a risk by ...

An innovative project management initiative allowed Unocal Thailand Ltd. to construct its latest gas processing platform on time, below cost, and above quality expectations. The North Pailin gas ...