There are two predominant schools of thought on purchasing practices. Centralized purchasing is managed by an in-house purchasing agent. Project-level purchasing is managed by a project manager and/or ...

n the traditional contractor model, a project was bid, awarded, and then thrown over the wall for the tradesmen to handle, according to “Optimized Operational Model for Maximizing Electrical ...

What important features of RFIs and RFQs do project managers need to know? Your email has been sent Requests for information (RFI) and Requests for Quotes (RFQ) can confuse even the most seasoned ...

Guiding a tech project from start to finish entails staying on top of seemingly endless details, decisions and data (and sometimes, detours). From making sure progress is achieved on time and on ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

The construction industry has consistently demonstrated remarkable adaptability through cyclical changes, and today's market conditions present new opportunities for innovation and growth. While ...

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Erika Rasure is globally-recognized as a leading ...

Besides earning a degree, an aspiring or current project management professional can enroll in courses and earn certifications in project management to go the extra mile. Knowing which certificates ...