Month: February 2022

Private sector procurement, on the other hand, is the process of acquiring goods and services to satisfy the needs of a particular private entity (usually a business, for profit or not). These are goods and services needed for (i) the Read More …

Public sector procurement is the process of acquiring goods and services for the operation of government and to provide public services. It is carried out within a specific legal framework based on certain principles aimed at making the fulfillment of Read More …

Risk 1: Requirements Inflation As the project progresses more and more features that were not identified at the beginning of the project emerge that threaten estimates and timelines. Solution: Constant involvement of customers and developers. Risk 2: Employee Turnover Key Read More …

LYSONS has suggested the following reasons for the importance of purchasing staff being knowledgeable about specifications: The primary purpose of purchasing is to contribute to the profitability of an undertaking by obtaining better quality products or services in terms of Read More …

After agreement about what information will be included in the specification and an appropriate structure, it must be formatted into a useable specification. There is a range of information that can be included in a specification. Including particular topics will Read More …

Step 1: Planning and analysis The foundation of a good specification is in the planning and analyses which are undertaken before writing begins. Key people who can help such as procurement staff, technical officers, project officers and managers and end Read More …