Language: English (US)
1. Vendor centric parameters 2. Project Owner centric parameters 3. Obligations during Project Execution
https://www.udemy.com/course/vendor-management/
“A good performance of Vendor at Site means ensuring success for your project!” For all levels of professionals, who are handling the multiple vendors/ contractors at site during execution of the project. Since this is the pain point for many organizations especially people dealing in the field of Construction, the whole of the site performance is driven by these vendors or contractors, whether it is in-house or departmental contractors or outsourced. Here is the compilation of learnings for successful handling of such (construction) vendors/ contractors and make one understand, what all contributes to a success or failure of vendor/ construction vendor that ultimately pose a big risk to project and ultimately leads to a success or failure of a project Here one can learn the ways of handling and the necessary strategies to be planned to handle vendor-based risks. Since any vendor management directly affects the value delivery of any organization, so this becomes very critical for any project/ organization and a person/ project manager handling the same. The content is divided here under 3 major heads/ stakeholders, who are responsible for the success of project: Vendor centric parameters - Pre-qualification/ Onboarding stage Project Owner centric parameters Obligations during Project Execution Here one can learn how such risks associated with multiple vendors can be mitigated, avoided, or transferred. All such responses should be properly planned in the Risk management plan during planning stage.
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