Find out why it's important to reward behaviors that produce results rather than effort and time spent working. Learn a two-step approach to accomplish this.
- Rewards drive behaviors and behaviors drive results. … In other words, you want to reward behaviors … that produce results, … rather than effort and time spent working. … I mean, look at it like this. … As a project manager, you're paid to deliver results, right? … Well, shouldn't you hold your vendors to the same standard? … Because when it's all said and done, … customers pay for results. … That's all that matters. … How can you make sure your vendors deliver? … Start by discussing your needs up front with vendors … and documenting them in writing. … This way, both you and your vendors are on the same page. … If issues arise later, and they will, … you can reference your earlier conversation. … Now, as good as this might sound, a lot of times, … you'll be under tight deadlines and other pressures. … It's times like these you'll be tempted to skip this process … or take a set it and forget it approach. … Listen to me, don't do it. … Although speed is a necessity, … you shouldn't cut corners in the process. …
- Describe the procurement manager’s role in the procurement process.
- Explore the essentials of good communication with vendors.
- Examine the steps in a contract change control system.
- Identify risks that might arise in a project.
- Define the purpose of a closeout meeting.
Skill Level Intermediate
Project Management Foundations: Integrationwith Oliver Yarbrough44m 25s Intermediate
Project Management Foundations: Scheduleswith Bonnie Biafore2h 7m Intermediate
Project Management Foundationswith Bonnie Biafore3h 20m Beginner
What to know before watching1m 27s
1. Procurement Management Overview
2. Common Procurement Pitfalls
3. Critical Procurement Success Factors
4. Procurement Management Processes
5. How to Implement Procurements
6. Emerging Trends: Project Procurement Management
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