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Financial Aspects of the Procure Management

   

Added on  2021-05-27

5 Pages978 Words27 Views
Running head: PROJECT MANAGEMENTProject Management[Name of the Student][Name of the University][Author note]
Financial Aspects of the Procure Management_1
PROJECT MANAGEMENT1Module 3:This module would be mainly discussing about the financial aspects of the procuremanagement. Which means understanding the fact if the components of the projects which are tobe delivered are developed internally or if there is need of any type of outsource for thedevelopment. This module helps in understand the fact that one time or another the projectmanagers need to procure the expertise, materials, equipment, or services which would beneeded for the development, implementation, or execution of the project deliverables. Themodule also includes the implementation of various types of judgments and the initiatives whichwould be acting as a major component of the discussion board. The main reason for doing this isfor the purpose of clarifying the procurement along with the various type of financial risksrelated to the complex project. Besides this the module would also be discussing about thefinancial aspects of the procurement and also the total cost of the procurement along with thefinancial aspects related to the contracts, risks and the opportunities.Module 4: The module 4 mainly consists of the different aspects of a project related to the health-care. The general requirements of the procurement manager has been provided over here whichmainly includes various equipment’s related to health care. Besides this the section also providesa description about the procure document, this documents mainly includes the documents whichare passed between the Health Services procurement manager and the supplier. This module alsostates that this document is very much essential for controlling the projects. There exists variousimportant I/O processes which are very much essential for the project. The module has beenassociated with standardizing the procurement documents and the various procurement
Financial Aspects of the Procure Management_2

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