Contract Selection
600 Words
ACME Development Corporation (ADC), a developer of custom homes and apartment complexes, has decided to standardize its project management practices and processes across its national organization. The goal is to standardize with one single project-scheduling tool and to have the tool installed and be operational within 90 days. To this end, the company is forming a central project management office (PMO). Until now, project managers (there are 40 presently on staff distributed all over the United States) have been able to use whatever scheduling tool they liked, within their budget constraints. They have also been able to buy equipment and engage contractors at will. The PMO will be determining one scheduling tool that all PMs will be expected to use, exclusive of any other scheduling tools. The PMO will also develop and implement a standardized procurement process. Because the PMs are located across the United States, a Web-based solution seems likely to be the most successful tool.
As the project manager, you have been charged with implementing the procurement process, and you decide that your first project will be purchasing the scheduling tool for ACME Development Corporation.
PMI is one of the world’s largest not-for-profit membership associations for the project management profession. Our professional resources and research empower more than 700,000 members, credential holders, and volunteers in nearly every country in the world to enhance their careers, improve their organizations’ success and further mature the profession.
PMI’s worldwide advocacy for project management is reinforced by our globally recognized standards and certification program, extensive academic and market research programs, chapters and communities of practice, and professional development opportunities.
Assignment:
Use the library, Internet, and any other materials you have available to find and analyze 1 project that meets the following criteria:
- A bidding process was used to select a vendor or a group of vendors
- The bidding process that was used was an RFP, RFQ, or Invitation for Bid
- The procurement process was conducted at a government agency
Assignment Guidelines
- Develop a project bid proposal, and address the following questions:
- Was a make or buy analysis conducted?
- What was the bidding process that was used? Be specific.
- In depth, explain the various elements of the bidding process that was used.
- Was the bidding process successful? What worked, and what did not work?
- What suggestions could you make to improve the bidding process used for your particular case study?
Be sure to reference all sources using APA style.
