Final Report

profilebamberry
Procurement_Management_Plan_Tool3.docx

University of Prosperity

Procurement Management Plan

Tool

University of Prosperity PPM Selection Project

PPM Selection Project

University of Prosperity

Procurement Management Plan | Page 12

Table of Contents

1 Introduction 4

1.1 Project Approach 4

2 Roles and Responsibilities 5

3 Procurement Management Processes 6

3.1 Procurement Scope 6

3.2 Procurement Risk and Risk Management 6

3.3 Procurement Document Preparation 7

3.4 Procurement Assumptions 7

Introduction The Procurement Management Plan (PMP) of PPM Selection Project in the University of Prosperity defines the rules and steps of procurement of a Project and Portfolio Management (PPM) solution. The project would fill major missing links in the existing project management capabilities of the university in terms of resource and capacity management, alignment of project portfolio, reporting, and inefficiencies of the process (Edition, 2018). With adequate PPM solution, the university will not only improve its decision-making activities, the project management procedures will be made efficient, and the organization will be more productive. This Procurement Management Plan acts as a guiding map when conducting procurements in all the stages of the project. It identifies the major activities, functions, roles, and processes that will be needed to identify and with acquisition of a PPM solution that will meet the strategic objectives of the university. The procurement process will be geared towards making sure that the procured PPM solution would help the university fulfill its core mission of delivering the best-in-class technology to help the execution of project as well as manage the portfolio excellently.

Project Approach

The strategy to be followed in the process of conducting procurements pertaining to this project implies a proper, systematized set of actions, which would assist in the process of choosing a PPM solution, that will satisfy both strategic, operational, and technical needs of the University of Prosperity. The process of procurement will be synchronized with the Project Charter and will contain several important deliverables that will facilitate in orientation of the project team and stakeholders in determining the best solution.

Procurement Management Deliverable

Target Completion Date(s)

Participant Roles

Name Responsible Stakeholder

Procurement Management Plan

07/19/2025

Project Manager

Smith

Procurement Strategy

07/26/2025

Project Sponsor

IT Sponsor

Project Manager

Peter

Mary

Request for Proposal

08/02/2025

Procurement Manager / or Contract Manager

Project Manager

John

Place name here

Source Selection Criteria

08/09/2025

Project Sponsor

IT Sponsor

Project Manager

Peter

Mary

Smith

Roles and Responsibilities

Roles and Responsibilities section of the Procurement Management Plan shows the central people and their responsibilities in the framework of the organization of procurement practices in this project. Role allocation should also be clear to make sure of the efficiency and efficacy in the way the all-procurement duties are to be handled.

Name

Role

· Responsibility

Mary

Project Sponsors

· Offers direction and leadership of the project in general.

· Approve Project Charter and Procurement Management Plan.

· Makes certain that the objectives of procurement are aligned to the strategic objectives of the university.

· Offers the last say on the selection of vendors.

Smith

Project Manager

· Prepares and runs the Procurement Management Plan.

· Coordinates the procurement activities and sees that procurement activities are complete in time.

· Controls communication among the stakeholders and the procurement team.

· Makes sure that the activities of procurement are according to the aim of the project.

John

Procurement Manager and/or Contract Manager

· A general view to the whole procurement process, including the compliance with the policies and procedures of the procurement process.

· Organizes the creation of purchasing documents.

· Controls the relationships with the vendors and makes sure the needs of procurement are fulfilled.

Jane

Procurement Analyst(s) and/or Acquisition Specialist

· Assists the project manager and the procurement manager to identify and record the procurement needs.

· Helps in the evaluation of vendor proposals in consideration of preset criteria. Assists in drafting and preparations in procurements.

Mary

IT Sponsor

· It provides feedback in terms of technical requirements of the PPM solution.

· Approves and reviews documents relating to procurement involving technical requirements.

· Makes sure that PPM solution can be well integrated with currently available IT infrastructure

Franklin

Legal team

· Improves the documents on procurement, including contracts, and authorizes them in the right to comply with legal standards, as well as the internal policy of the university. Makes sure that the procurement procedure complies with all regulatory demands.

Procurement Management Processes

The stages that comprise the process of the procurement management of the PPM Selection Project are made to make sure that the university buys a PPM solution which satisfies its requirements. Such steps are defining the procurement scope, handling the procurement risks, preparation of the procurement documents and assumptions that might influence the procurement activities.

Procurement Scope

In this project, the scope of the procurement is related to the search of a more inclusive PPM solution that will allow the University of Prosperity to better manage the projects and portfolios. The below articles will be obtained:

PPM Software: A commercial off the shelf (COTS) solution that has functions relating to portfolio management, resource distribution, project planning, financial monitoring, and reporting. Vendor implementation services: Services that are necessary to implement the PPM solution and they include: System integration, configuration, and customization services.

Training and support: The vendor will provide training to project managers and staffs to the university and support and maintenance services.

The purchase will be intended on choosing the solution that is compatible with existing IT infrastructure of the university and the solution should fulfill the needs of the university regarding to the strategic alignment, management of the resources and reporting of the university (Amaro & Domingues, 2023). The chosen PPM solution should be able to capture the present and future needs of the university.

Procurement Risk and Risk Management

Various risks concerning the procurement must be contained so that the project should succeed. These include:

• V endor delays: A delay in choosing a vendor or implementing it might also affect the entire project schedule.

Scope creep: The scope might experience changes during procurement and this might lead to escalation of prices and time.

• I ntegration challenges: There are chances that the chosen PPM tool might not go so well with the existing IT systems of the university.

Cost overruns: Additional costs might be incurred because of fluctuation in demands or failure by the vendors to implement.

The following strategies will be adhered to as a measure to curb the risks:

Vendor evaluation: Process will involve a detailed assessment of vendors to make sure that they are able to come up to the schedule and demands of the project.

• Clear contract terms: The contract will have precise terms on time on deliverable as well as cost between the chosen vendor.

• Change control process: There will be a change control process to be used in managing scope changes to eliminate scope creep.

• Technical compatibility testing: There will be used a pilot test, which will establish whether the PPM solution is compatible with the IT infrastructure of the university or not.

Procurement Document Preparation

The procurement process is a very important procedure that involves preparation of procurement documents. Among the documents that should be prepared, one may distinguish the following key documents: Request for Proposal (RFP): This is where the university will provide the specifications of what it requires in relation to the PPM solution as well as the specifications on technical and functionality aspects of the PPM solution, as well as the requirements the university will have in relation to the vendors of the solution.

Vendor evaluation criteria: In this document, factors on which the evaluation of vendors will be based will be defined such as cost, technical capability, vendors experience and deadlines.

Contract documents: The contract itself compresses the terms and conditions of the agreement between the university and the vendor of choice such as payment terms, service level agreements (SLA) and penalties in case of non-performance.

Procurement Document

Participant Roles

Name of Reasonable Stakeholder

Request for Proposal (RFP)

Project Manager

Procurement Manager

Procurement Analyst

Smith

John Jane

Vendor evaluation criteria

Project manager Procurement manager

IT Sponsor

Project Sponsor

Smith John Mary Peter

Contract document

Project manager

Procurement manager

Legal Advisors IT Sponsor Project Sponsor

Smith John Franklin Mary Peter

These documents will be prepared with the cooperation of the project manager, procurement manager, the legal advisors as well as interested stakeholders to be able to note the requirements accurately and in a legal manner (Amaro & Domingues, 2023).

Procurement Assumptions

In the procurement process, the following assumptions will be made:

Schedule: The project schedule should be adhered to in the procurement process and the process may subject the overall project to the time.

Cost: The contingency reserves have been provided in budget and they will be utilized only in case the change of scope is authorized.

Resources: The acquisition activity will be undertaken using the existing project team, and there is no necessity to tap on new personnel.

Technology: A decision has been made to implement PPM and buy its solution, in fact, because the university lacks experience and funds to create its own solution.

These assumptions will be described during the RFP to inform the vendors and determine their capability of meeting the requirements since the vendors may be made aware of the project limitation.

References

Amaro, F., & Domingues, L. (2023). PMBOK 6th meets 7th: How to link both guides in order to support project tailoring?. Procedia Computer Science, 219, 1877-1884.

Edition, P. S. (2018). A guide to the project management body of knowledge. Project Management Institute. Pensylvania, 21.