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Project Procurement

BOOK REVIEW

Book Title:  Project Procurement: A Real-World Guide to Procurement Skills
Author:  Ajay Bhargove, C.Eng, MIE, PMP
Publisher:  Project Management Institute
List Price:  $24.95
Format:  Paperback Book
Publication Date:   2018    
ISBN: 978-1-62825-468-6
Reviewer:     Heron Gonzalez Jr., PMP
Review Date: April/2018

 



Introduction

Project managers become involved in the procurement process either through a need to purchase an external resource to support a project they are implementing or by leading a project whose purpose is to source or purchase an external resource to support a broader corporate activity or mission. In either circumstance, having a firm grasp of project procurement principles and an understanding of the procurement life cycle can be the difference between success and failure. “Project Procurement: A Real-World Guide for Procurement Skills” can be helpful in trying to navigate the procurement process.

Overview of Book’s Structure

After an introduction which includes baseline definitions and a review of both the stages of a project familiar to project managers and the components of the “Procurement Life Cycle,” this book steps readers through a logical discussion of the project procurement body of knowledge over the course of eleven chapters.

Structured in outline numbered format, much like a technical book or user manual, this book attempts to provide a handy and easy-to-use tool to navigate a path through the forest of procurement knowledge. With short, simplified chapters, the book is easy to read and follow.

Highlights

“Project Procurement: A Real-World Guide to Procurement Skills” is a basic overview of the procurement discipline. After a review of the Supplier Management Life Cycle, this overview touches upon the types of bidding methods a project manager may encounter and the approaches she should use to evaluate those bids. It reviews the types of contracts and the important, essential contract terms that project managers should be familiar with if they are involved in project procurement, and explores Contract Change Management and Procurement Change Orders.

A very interesting and critical section of the book covered what the author refers to as “The Game of Negotiations.” This section delves into negotiation “Tactics and Countertactics,” negotiation power shifts, and shows through a “Power Shift Curve” (page 61), how delicate negotiating leverage is and how it shifts between buyer and seller over the course of a negotiation.

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About the Reviewer


Heron Gonzalez, Jr.

San Antonio, Texas, USA

 

 

Heron Gonzalez, Jr. PMP is currently a Business Process Outsourcing Sr. Migration Manager and a member of the Project Management Institute. His professional experience also includes Program/Project Management, Business Process Engineering, Information Security, Human Resources, Organizational Planning/Design, Change Management and Operations Integration.

Heron has a B.A. and an M.B.A., and has obtained the Project Management Professional (PMP), Certified Outsourcing Professional (COP), Certified Information Systems Security Professional (CISSP), and Senior Professional in Human Resources (SPHR) professional designations.

 

Editor’s note:  Editor’s note:  This book review was the result of a partnership between the publisher, PM World and the Alamo PMI Chapter in San Antonio, Texas. Authors and publishers provide the books to PM World; books are delivered to the PMI Alamo Chapter, where they are offered free to PMI members to review; book reviews are published in the PM World Journal and PM World Library.  PMI Alamo Chapter members can keep the books as well as claim PDUs for PMP recertification when their reviews are published.  PMI members are generally mid-career professionals, the audience for most project management books.   

If you are an author or publisher of a project management-related book, and would like the book reviewed through this program, please contact [email protected].